Frank C & Vera L Corry Memorial Fund
- Assets
- $2.1m
- Revenue
- $170.6k
- Investments
- $2.0m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 03/1995
- Data as of
- 12/2022
- EIN
- 03-6057859
Organization Overview
Frank C & Vera L Corry Memorial Fund is located in Wilmington, DE. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank C & Vera L Corry Memorial Fund 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 12/2022, Frank C & Vera L Corry Memorial Fund generated $170.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $119.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $44,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $125,983 |
| Capital Gain Net Income | $125,983 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,647 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,476 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,868 |
| Contributions, gifts, grants paid | $91,573 |
| Total expenses and disbursements | $119,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,145 |
| Savings and temporary cash investments | $98,324 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,080,618 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Frank C & Vera L Corry Memorial Fund has awarded $91,573 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF MONTPELIER PURPOSE: GENERAL SUPPORT | $30,921 |
CORRY MEMORIAL FUND PURPOSE: GENERAL SUPPORT | $29,731 |
MONTPELIER ROXBURY SCHOOL DISTRICT PURPOSE: GENERAL USE | $30,921 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Ahava Foundation Kearny, NJ | $69,246,321 | $13,538,690 |
Dale Kutnick And Laura Gordon Kutnick Foundation Inc Pennington, NJ | $16,658,348 | $2,528,173 |
Gerald And Janet Carrus Foundation Wilmington, DE | $4,296,154 | $200,301 |
Bbc Foundation Inc Clarks Summit, PA | $5,702,780 | -$149,482 |
Frank C & Vera L Corry Memorial Fund Wilmington, DE | $2,080,618 | $170,647 |
American Friends Of Kol Rephael Long Branch, NJ | $398,322 | $0 |