Withington Foundation Inc
- Assets
- $0.0
- Revenue
- $175.6k
- Investments
- $9.7m
- Employees
- 0
- Location
- Fort Washington, PA
- Founding
- 09/1994
- Data as of
- 12/2020
- EIN
- 22-3291812
Organization Overview
Withington Foundation Inc is located in Fort Washington, PA. The organization was established in 1994. 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. Withington 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 12/2020, Withington Foundation Inc generated $175.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Withington Foundation Inc has awarded 390 individual grants totaling $7,766,615. 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 |
|---|---|---|---|
Taylor Rooke Vice President | 5 | $5,000 | |
Andrew K Rooke President | 20 | $0 | |
Charles C Rooke Secretary Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $966 |
| Dividends & Interest | $279,619 |
| Profit on Inventory Sales | $0 |
| Other Income | -$169,476 |
| Total Revenue | $175,592 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $39,631 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $214,779 |
| Contributions, gifts, grants paid | $983,700 |
| Total expenses and disbursements | $1,198,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $2,849,770 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Withington Foundation Inc has awarded $820,525 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
New London, NH PURPOSE: GENERAL SUPPORT | $200,000 |
Philadelphia, PA PURPOSE: INDEPENDENT ELEMENTRY SCHOOL | $129,725 |
Lewisburg, PA PURPOSE: GENERAL UNIVERSITY FUNDING SUPPORT | $100,000 |
MORRISTOWN MEMORIAL HEALTH FND PURPOSE: GENERAL SUPPORT | $40,000 |
Fairfield, CT PURPOSE: GENERAL UNIVERSITY FUNDING SUPPORT | $40,000 |
Greenville, SC PURPOSE: UNDERGRADUATE EDUCATIONAL FUNDING | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |