Moses Taylor Foundation Inc
- Assets
- $73.6m
- Revenue
- $691.3k
- Investments
- $70.8m
- Employees
- 1
- Location
- Scranton, PA
- Founding
- 07/1984
- Data as of
- 06/2023
- EIN
- 23-2281586
Organization Overview
Moses Taylor Foundation Inc is located in Scranton, PA. The organization was established in 1984. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moses Taylor 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 06/2023, Moses Taylor Foundation Inc generated $691.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $5.6m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Moses Taylor Foundation Inc has awarded 345 individual grants totaling $23,702,529. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MOSES TAYLOR FOUNDATION IS TO IMPROVE THE HEALTH AND WELLNESS OF RESIDENTS AND COMMUNITIES, PRIMARILY IN NORTHEAST PENNSYLVANIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INVESTMENT MANAGEMENT OF THE ENDOWMENT FUND AND OTHER CONTRIBUTIONS AND DISBURSEMENTS OF SUCH FUNDS FOR THE BENEFIT OF THE RESIDENTS OF LACKAWANNA COUNTY, PENNSYLVANIA AND THE SURROUNDING AREAS IN NORTHEASTERN PENNSYLVANIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas G Allen Director | 1 | $0 | |
Thomas Bisignani Cfo/coo (started 6/23) | 40 | $4,183 | |
Danielle Breslin CEO | 40 | $260,000 | |
Edward J Dzielak DO Director | 1 | $0 | |
Thomas Kelly CFO | 20 | $95,721 | |
Frank Kolucki Jr MD Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pfm Asset Management | 6/29/23 | $129,754 |
Pnc | 6/29/23 | $50,764 |
Intention 2 Impact | 6/29/23 | $69,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $970,119 |
| Dividends & Interest | $1,318,064 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,790,439 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193,522 |
| Total Revenue | $691,266 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $359,904 |
| Other employee salaries and wages | $285,133 |
| Pension plans, employee benefits | $121,203 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $49,481 |
| Travel, conferences, and meetings | $9,162 |
| Printing and publications | $0 |
| Other expenses | $403,675 |
| Total operating and administrative expenses | $1,516,268 |
| Contributions, gifts, grants paid | $4,058,718 |
| Total expenses and disbursements | $5,574,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,480,565 |
| 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 | $132,072 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $70,781,880 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,189,387 |
| Total assets | $73,583,904 |
| Accounts payable and accrued expenses | $41,488 |
| 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 | $167,348 |
| Total liabilities | $208,836 |
Grants Awarded
Over the last fiscal year, Moses Taylor Foundation Inc has awarded $4,058,718 in support to 62 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF NORTHEASTERN PENNSYLVANIA PURPOSE: AFTER SCHOOL, SUMMER, AND VIRTUAL PROGRAMS | $25,000 |
CARING COMMUNITIES FOR AIDS PURPOSE: TECHNICAL CONSULTATION AND TRAINING | $19,275 |
CATCHAFIRE FOUNDATION PURPOSE: CAPACITY BUILDING PILOT PROJECT | $83,700 |
CATHERINE MCAULEY CENTER PURPOSE: LACKAWANNA COUNTY EMERGENCY RENTAL ASSISTANCE COLLABORATIVE | $250,000 |
CHILD HUNGER OUTREACH PARTNERS PURPOSE: EXPANSION OF SCHOOL-BASED HUNGER ELIMINATION PROGRAMS | $70,000 |
CHILDREN'S SERVICE CENTER OF WYOMING VALLEY PURPOSE: PROPERTY PURCHASE AND SERVICE EXPANSION | $400,000 |