United Engineering Foundation Inc
- Assets
- $22.1m
- Revenue
- $5.5m
- Investments
- $21.5m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 03/1931
- Data as of
- 12/2021
- EIN
- 13-6162675
Organization Overview
United Engineering Foundation Inc is located in Philadelphia, PA. The organization was established in 1931. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Engineering Foundation Inc 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 12/2021, United Engineering Foundation Inc generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 58.2% each year . All expenses for the organization totaled $972.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick J Natale Executive Dir. | 20 | $92,500 | |
George Luxbacher Trustee | 1 | $0 | |
June C Wispelwey Trustee | 1 | $0 | |
Steve Welby Trustee | 1 | $0 | |
Garry Warren Trustee | 1 | $0 | |
David Soukup Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $400,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,054,079 |
| Capital Gain Net Income | $5,054,079 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,454,380 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $92,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,815 |
| Depreciation | $0 |
| Occupancy | $960 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $43,572 |
| Total operating and administrative expenses | $276,462 |
| Contributions, gifts, grants paid | $696,370 |
| Total expenses and disbursements | $972,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $688,743 |
| Savings and temporary cash investments | $0 |
| 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 | $2,954 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,457,280 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,148,977 |
| Accounts payable and accrued expenses | $24,984 |
| Grants payable | $154,245 |
| 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 | $179,229 |
Grants Awarded
Over the last fiscal year, United Engineering Foundation Inc has awarded $776,033 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: URBAN INFRASTRUCTURE SYSTEMS IN THE DIGITAL AGE: A MULTI-SECTOR PARTNERSHIP FOR ENGINEERING AND MANAGEMENT | $180,000 |
Austin, TX PURPOSE: ENGINEER YOUR WORLD: EXPANDING STUDENT ACCESS TO HANDS-ON, MINDS-ON ENGINEERING | $120,000 |
Alexandria, VA PURPOSE: FUTURE CITY COMPETITION: DEMONSTRATING SOCIAL IMPACT THROUGH ENGINEERING OUTREACH | $116,000 |
AIME PURPOSE: ON SAFETY IN ENGINEERING AND INDUSTRY 2020: LEADING SAFETY INTO THE FUTURE | $100,000 |
AMERICAN INSTITUTE OF CHEMICAL ENGI PURPOSE: ENGINEERING ALTERNATIVE TECHNOLOGIES PLASTIC (EAT PLASTIC) | $55,000 |
Alexandria, VA PURPOSE: BUILDING THE CAPACITY OF ENGINEERING SOCIETIES TO INCREASE THE DIVERSITY OF UNDERGRADUATE ENGINEERING DEGREE RECIPIENTS | $52,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Technology Enterprise Corporation Rome, NY | $60,981,617 | $75,235,119 |
Hamaskpik Of Rockland County Inc Monsey, NY | $63,578,748 | $60,740,286 |
Comunilife Inc New York, NY | $31,660,998 | $48,925,659 |
Julia Dyckman Andrus Memorial Inc Yonkers, NY | $77,963,384 | $42,844,151 |
Wildwood Programs Inc Latham, NY | $26,961,317 | $41,590,830 |
Dave Thomas Foundation For Adoption Dublin, OH | $82,316,858 | $45,774,004 |
Green Chimneys Childrens Services Inc Brewster, NY | $40,286,634 | $28,138,217 |
Times Square District Management Association New York, NY | $18,451,564 | $28,017,921 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
52 Broadway Realty Corp New York, NY | $50,887,165 | $15,066,010 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |