Concord Foundation
- Assets
- $269.2k
- Revenue
- $16.2k
- Investments
- $259.5k
- Employees
- 0
- Location
- Chester Heights, PA
- Founding
- 07/1996
- Data as of
- 11/2023
- EIN
- 23-2828303
Organization Overview
Concord Foundation is located in Chester Heights, PA. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Concord 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 11/2023, Concord Foundation generated $16.2k 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 (10.4%) each year. All expenses for the organization totaled $75.2k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Concord Foundation has awarded 25 individual grants totaling $326,825. 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 Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS-GRADUATES OF GARNET VALLEY HIGH SCHOOL DREXEL UNIVERSITY
SCHOLARSHIPS TO STUDENTS-GRADUATES OF GARNET VALLEY HIGH SCHOOL WEST CHESTER UNIVERSITY
SCHOLARSHIPS TO STUDENTS-GRADUATES OF GARNET VALLEY HIGH SCHOOL UNIVERSITY OF DELAWARE
THE RIDDLE HEALTHCARE FOUNDATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Loev President | 0 | $0 | |
Michael Rogers Sec./treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $8,398 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,714 |
| Capital Gain Net Income | $7,714 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $44 |
| Total Revenue | $16,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $357 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,346 |
| Contributions, gifts, grants paid | $67,842 |
| Total expenses and disbursements | $75,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,729 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $269,236 |
| 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, Concord Foundation has awarded $67,842 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DREXEL UNIVERSITY PURPOSE: SCHOLARSHIP | $5,821 |
THE RIDDLE HEALTHCARE FOUNDATION PURPOSE: DONATION | $37,500 |
UNIVERSITY OF DELAWARE PURPOSE: SCHOLARSHIP | $15,000 |
WEST CHESTER UNIVERSITY PURPOSE: SCHOLARSHIP | $9,521 |