Pine Tree Foundation
- Assets
- $19.9m
- Revenue
- $2.8m
- Investments
- $19.5m
- Employees
- 0
- Location
- Gladwyne, PA
- Founding
- 11/1986
- Data as of
- 07/2022
- EIN
- 22-2751187
Organization Overview
Pine Tree Foundation is located in Gladwyne, PA. The organization was established in 1986. 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. Pine Tree Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Pine Tree Foundation has awarded 184 individual grants totaling $9,821,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A Morris Williams Jr Director, Chair & Chief In | 4 | $0 | |
Susan W Beltz Director, V. President & Secr | 1 | $0 | |
Kevin Beltz Director | 1 | $0 | |
Joanne W Markman Director & President | 1 | $0 | |
Gary Markman Director & Treasurer | 1 | $0 | |
Kelsey A Beltz Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $661,540 |
| Interest on Savings | $0 |
| Dividends & Interest | $721,481 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,397,299 |
| Capital Gain Net Income | $1,397,299 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,780,320 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,833 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,625 |
| Total operating and administrative expenses | $43,198 |
| Contributions, gifts, grants paid | $1,225,000 |
| Total expenses and disbursements | $1,268,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,522 |
| Savings and temporary cash investments | $358,455 |
| 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 | $19,901,209 |
| 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 | $22,063 |
| Total liabilities | $22,063 |
Grants Awarded
Over the last fiscal year, Pine Tree Foundation has awarded $1,225,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
A PRECIOUS CHILD PURPOSE: GENERAL FUND | $15,000 |
ADAPTIVE SPORTS CENTER PURPOSE: GENERAL FUND | $25,000 |
CHESTER CHARTER SCHOOLS FOR THE ARTS PURPOSE: GENERAL FUND | $45,000 |
CRADLES TO CRAYONS PURPOSE: GENERAL FUND | $50,000 |
CORAL REEF RESTORATION PURPOSE: GENERAL FUND | $15,000 |
CRESTED BUTTE ARTS CENTER PURPOSE: GENERAL FUND | $25,000 |