Montgomery County Foundation For Handicapped Children
- Assets
- $7.3m
- Revenue
- $546.7k
- Investments
- $7.1m
- Employees
- 0
- Location
- Norristown, PA
- Founding
- 01/1959
- Data as of
- 06/2022
- EIN
- 23-1539361
Organization Overview
Montgomery County Foundation For Handicapped Children is located in Norristown, PA. The organization was established in 1959. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County Foundation For Handicapped Children 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 06/2022, Montgomery County Foundation For Handicapped Children generated $546.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $536.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Montgomery County Foundation For Handicapped Children has awarded 289 individual grants totaling $2,573,558. 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 |
|---|---|---|---|
J David Farrell ESQ Secretary | 0 | $0 | |
Mark Constable Vice President | 0 | $0 | |
Susan Battaglia Director | 0 | $0 | |
Deborah Young MD Director | 0 | $0 | |
Christine P Wiegand ESQ President | 0 | $0 | |
Wendy Davis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $41,857 |
| Interest on Savings | $0 |
| Dividends & Interest | $483,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,341 |
| Capital Gain Net Income | $21,341 |
| Net ST Capital Gain | $21,341 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $546,680 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $25,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,997 |
| Depreciation | $0 |
| Occupancy | $9,300 |
| Travel, conferences, and meetings | $1,174 |
| Printing and publications | $0 |
| Other expenses | $49,675 |
| Total operating and administrative expenses | $113,396 |
| Contributions, gifts, grants paid | $423,440 |
| Total expenses and disbursements | $536,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102 |
| Savings and temporary cash investments | $291,479 |
| 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 | $7,050,797 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $900 |
| Total assets | $7,343,278 |
| Accounts payable and accrued expenses | $12,850 |
| 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 | $3,631 |
| Total liabilities | $16,481 |
Grants Awarded
Over the last fiscal year, Montgomery County Foundation For Handicapped Children has awarded $423,440 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
Norristown, PA PURPOSE: UNRESTRICTED | $37,000 |
Norristown, PA PURPOSE: UNRESTRICTED | $25,000 |
MISSION KIDS PURPOSE: UNRESTRICTED | $20,000 |
GWYNEDD MERCY COLLEGE PURPOSE: UNRESTRICTED | $20,000 |
VARIETY CLUB CAMP PURPOSE: UNRESTRICTED | $20,000 |
Collegeville, PA PURPOSE: UNRESTRICTED | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Montgomery County Foundation For Handicapped Children has recieved totaling $141,717.
| Awarding Organization | Amount |
|---|---|
Cooperative For Assistance And Relief Everywhere Inc Atlanta, GA PURPOSE: 39 - PT IV | $64,406 |
Cooperative For Assistance And Relief Everywhere Inc Atlanta, GA PURPOSE: 40 - PT IV | $61,484 |
Cooperative For Assistance And Relief Everywhere Inc Atlanta, GA PURPOSE: 41 - PT IV | $8,574 |
Cooperative For Assistance And Relief Everywhere Inc Atlanta, GA PURPOSE: 10 - PT IV | $7,253 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United States Naval Academy Foundation Inc Annapolis, MD | $305,968,176 | $47,603,619 |
Umuc Ventures Inc Bethesda, MD | $44,098,237 | $47,696,802 |
Fund For Public Schools Inc New York, NY | $69,123,846 | $27,701,638 |
Ernst & Young Foundation New York, NY | $39,971,970 | $27,635,064 |
Kipp New York Inc New York, NY | $134,718,837 | $36,118,873 |
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |