Alicia Patterson Foundation
- Assets
- $4.3m
- Revenue
- $182.2k
- Investments
- $4.0m
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 12/1961
- Data as of
- 12/2022
- EIN
- 13-6092124
Organization Overview
Alicia Patterson Foundation is located in Bethesda, MD. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Alicia Patterson 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 12/2022, Alicia Patterson Foundation generated $182.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $454.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION AWARDED TEN FELLOWSHIP GRANTS TO PRINT JOURNALISTS ENGAGED IN WORK THAT WILL BENEFIT THE PUBLIC. THESE GRANTS ARE DESIGNED TO GENERATE INVESTIGATIVE ARTICLES ABOUT INDEPENDENT PROJECTS OF SIGNIFICANT INTEREST FOR THE APF REPORTER, A WEB PUBLISHED MAGAZINE PRODUCED BY THE FOUNDATION AND AVAILABLE ON THE WEB.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,741 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,489 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,991 |
| Capital Gain Net Income | $40,991 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $182,221 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $98,306 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,735 |
| Interest | $0 |
| Taxes | $13,417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,484 |
| Total operating and administrative expenses | $205,043 |
| Contributions, gifts, grants paid | $249,689 |
| Total expenses and disbursements | $454,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,877 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,406 |
| 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 | $2,697,860 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,288,327 |
| 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 | $2,735 |
| Total liabilities | $2,735 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alicia Patterson Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Aria Foundation Inc Channahon, IL PURPOSE: GENERAL OPERATING PURPOSES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |