Camphill Soltane Foundation
- Assets
- $9.1m
- Revenue
- $447.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenmore, PA
- Founding
- 09/2002
- Data as of
- 06/2022
- EIN
- 02-0564982
Organization Overview
Camphill Soltane Foundation is located in Glenmore, PA. The organization was established in 2002. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camphill Soltane Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Camphill Soltane Foundation generated $447.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.8%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE CAUSES OF CAMPHILL SOLTANE BY PROVIDING FUNDING THROUGH INVESTMENT CAPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENCOURAGE THE MAKING OF GIFTS BY NEED, WILL, FOR THE ADVANCEMENT, PROMOTION, AND MAINTENANCE OF THE CAUSES AND PURPOSES OF CAMPHILL SOLTANE, WHICH WAS FORMED TO CREATE A LIVING, WORKING, AND LEARNING COMMUNITY FOR ADULTS AND YOUNG ADULTS WITH DIVERSE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Gross Chair | OfficerTrustee | 2 | $0 |
Sabine Otto Secretary | OfficerTrustee | 2 | $0 |
Lauren Prince President | OfficerTrustee | 10 | $0 |
Beth Barol Member | Trustee | 2 | $0 |
Devin Gross Member | Trustee | 2 | $0 |
Simone Balch Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $438,190 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $447,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,129,453 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,902 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,818 |
| Payroll taxes | $918 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,995 |
| Fees for services: Other | $24,895 |
| Advertising and promotion | $0 |
| Office expenses | $3,171 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,121 |
| Insurance | $0 |
| All other expenses | $3,123 |
| Total functional expenses | $1,247,739 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,466 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $761,322 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,681 |
| Investments—publicly traded securities | $8,344,399 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,116,868 |
| Accounts payable and accrued expenses | $1,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,000 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
| Net assets without donor restrictions | $235,475 |
| Net assets with donor restrictions | $8,876,393 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,116,868 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Camphill Soltane Foundation has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Dansko Foundation West Grove, PA PURPOSE: IMPROVING THE QUALITY OF LIFE FOR THOSE WITH DISABILITY | $500 |
Prudential Foundation Inc Newark, NJ PURPOSE: MATCHING GIFT TO CIVIC AGENCY | $250 |
Endowment Analysis
| Beg. Balance | $5,984,474 |
| Earnings | -$918,720 |
| Other Expense | $516,129 |
| Ending Balance | $4,549,625 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Naval Institute Foundation Incorporated Annapolis, MD | $16,478,320 | $8,459,950 |
Baltimore City Foundation Inc Baltimore, MD | $20,625,141 | $25,532,138 |
Siemer Institute Columbus, OH | $21,924,276 | $13,963,015 |
Paula And Jerry Gottesman Family Supporting Foundation Inc Whippany, NJ | $103,919,025 | $11,534,966 |
David And Inez Myers Foundation Cleveland, OH | $231,370,323 | $1,575,245 |
Block 3 Community Urban Redevelopment Corporation Cincinnati, OH | $43,753,173 | $7,948,144 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ | $561,838 | $13,044 |
Garnet Health Urgent Care P C Middletown, NY | $2,667,409 | $6,635,976 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |
Serv Properties And Management Inc Ewing, NJ | $27,477,154 | $8,087,563 |
Sally And John Morley Family Fund Cleveland, OH | $0 | $0 |
Dayton Foundation Plus Inc Dayton, OH | $83,505,101 | $9,971,050 |