Strine Foundation
- Assets
- $1.0m
- Revenue
- $479.7k
- Investments
- $811.6k
- Employees
- 0
- Location
- Swarthmore, PA
- Founding
- 05/1981
- Data as of
- 11/2022
- EIN
- 23-2140514
Organization Overview
Strine Foundation is located in Swarthmore, PA. The organization was established in 1981. 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. Strine 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 11/2022, Strine Foundation generated $479.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $377.5k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Strine Foundation has awarded 28 individual grants totaling $1,067,532. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $457,204 |
| Interest on Savings | $1,601 |
| Dividends & Interest | $25,604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,753 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $479,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,203 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,553 |
| Total operating and administrative expenses | $28,506 |
| Contributions, gifts, grants paid | $349,000 |
| Total expenses and disbursements | $377,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $206,090 |
| 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 | $22,576 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,017,731 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Strine Foundation has awarded $349,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MEDIA PRESBYTERIAN CHURCH PURPOSE: TO SUPPORT THE MEDIA PRESBYTERIAN CHURCH. | $45,000 |
COMPASSION FOR LIFE PURPOSE: TO SUPPORT COMPASSION FOR LIFE'S MISSION OF SHARING ACTS OF LOVE TO THE UNDERSERVED THROUGHOUT THE WORLD. | $23,400 |
WILLIAMSON COLLEGE OF TRADES PURPOSE: TO SUPPORT THE STUDENTS OF WILLIAMSON COLLEGE OF TRADES AND PROVIDE FUNDING FOR HOUSING. | $270,500 |
THE ROTARY FOUNDATION PURPOSE: TO BUILD RELATIONSHIPS THAT IMPROVE LIVES AND CREATE A BETTER WORLD TO SUPPORT PEACE EFFORTS. | $10,000 |
CHRISTIAN C SANDERSON MUSEUM PURPOSE: TO SUPPORT THE MISSION OF THE SANDERSON MUSEUM OF EXHIBITING HISTORICAL RELICS AND ARTIFACTS. | $100 |