Masonic Charities Fund
- Assets
- $2.5m
- Revenue
- $1.0m
- Investments
- $1.5m
- Employees
- 0
- Location
- Elizabethtown, PA
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 23-2720910
Organization Overview
Masonic Charities Fund is located in Elizabethtown, PA. The organization was established in 1993. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Masonic Charities Fund 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 12/2021, Masonic Charities Fund generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $681.6k during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Masonic Charities Fund has awarded 36 individual grants totaling $3,620,207. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE CHARITABLE DONATIONS TO QUALIFYING CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. MADE CONTRIBUTIONS TOTALING 70,700 TO THE GEORGE WASHINGTON MASONIC MEMORIAL, A 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION, TO PROVIDE FUNDING TO HELP FULFILL THEIR MISSION. 2. MADE CONTRIBUTIONS TOTALING 67,000 TO THE AMERICA250PA THROUGH INDEPENDENCE VISITORS CENTER CORPORATION, A 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION, TO PROVIDE FUNDING FOR THE LIBERTY TREE PROGRAM CELEBRATING THE UNITED STATES SEMI-QUINCENTENNIAL. 2. MADE CONTRIBUTIONS TOTALING 30,000 TO DISASTER RELIEF ORGANIZATIONS ESTABLISHED TO PROVIDE RELIEF FROM NATURAL DISASTERS IN LOUISIANA AND IOWA. 3. MADE CONTRIBUTIONS TOTALING 10,000 TO MASONIC SERVICE ASSOCATION, A 501(C)(3) TAX-EXEMPT CHARITABLE ORGANIZATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Gamon IV R.w.g.m. | OfficerTrustee | 0.31 | $0 |
Jeffrey M Wonderling R.w.d.g.m. | OfficerTrustee | 0.31 | $0 |
Larry A Derr R.w.s.g.w. | OfficerTrustee | 0.31 | $0 |
Adam C Heese R.w.g.t | OfficerTrustee | 0.31 | $0 |
Robert D Brink R.w.j.g.w. | OfficerTrustee | 0.31 | $0 |
Mark A Haines R.w.g.s. | OfficerTrustee | 0.31 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $185,543 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $741,872 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $927,415 |
| Total Program Service Revenue | $0 |
| Investment income | $42,960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $35,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,005,686 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $639,117 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,822 |
| Fees for services: Accounting | $7,745 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,010 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $681,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $935,212 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,223 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,526,487 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,430 |
| Total assets | $2,488,352 |
| Accounts payable and accrued expenses | $14,636 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,880 |
| Total liabilities | $21,516 |
| Net assets without donor restrictions | $1,083,689 |
| Net assets with donor restrictions | $1,383,147 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,488,352 |
Grants Awarded
Over the last fiscal year, Masonic Charities Fund has awarded $631,909 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: OPERATION OF LIBRARY | $411,709 |
Alexandria, VA PURPOSE: CONTRIBUTION | $70,700 |
Philadelphia, PA PURPOSE: CONTRIBUTION | $67,000 |
MASONIC SERVICE ASSOCIATION -HOSPITAL VISITATION PROGRAM PURPOSE: DISASTER RELIEF | $45,000 |
Elizabethtown, PA PURPOSE: COLLEGE SCHOLARSHIPS | $37,500 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Masonic Charities Fund has recieved totaling $254,814.
| Awarding Organization | Amount |
|---|---|
Masonic Villages Of The Grand Lodge Of Pennsylvania Elizabethtown, PA PURPOSE: RETURN OF RESD. ASSE | $185,000 |
Margaret Bower Trust Uw 1513557749 Las Vegas, NV PURPOSE: GENERAL OPERATING | $35,615 |
Raymond Allen Krome Tr Uw Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $23,371 |
Frederick P Hartman Charitable Trust Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $4,681 |
The William E C And Mary Dearden Foundation Hershey, PA PURPOSE: GENERAL CHARITABLE USE | $2,500 |
W Moreland And Ruth U Ernst Charitable Tr Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $2,373 |
Endowment Analysis
| Beg. Balance | $399,967 |
| Earnings | $48,970 |
| Other Expense | $3,123 |
| Ending Balance | $445,814 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Candid New York, NY | $88,006,038 | $55,202,801 |
Ohio Shared Information Services Inc Cincinnati, OH | $9,673,672 | $26,206,516 |
Npt Charitable Asset Tr Jenkintown, PA | $16,456,984 | $30,273,580 |
Players Philanthropy Fund Towson, MD | $12,344,741 | $23,235,628 |
Rofeh Cholim Cancer Society Inc Brooklyn, NY | $24,523,868 | $22,653,682 |
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH | $181,897,996 | $22,134,878 |
Peter Schub Foundation New York, NY | $153,451 | $8,498,000 |
Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
Global Impact Investing Network Inc New York, NY | $6,619,298 | $6,380,097 |
Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
The@joseph And Florence Mandel Family Foundation-Michele M And Cleveland, OH | $143,259,703 | $19,572,691 |
Psalms Foundation Cincinnati, OH | $2,676,117 | $10,777,846 |