Bala Presbyterian Home Foundation

Organization Overview

Bala Presbyterian Home Foundation is located in Lafayette Hill, PA. The organization was established in 1996. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bala Presbyterian Home 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 12/2022, Bala Presbyterian Home Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL SUPPORT TO THE HOME'S FORMER RESIDENTS AND FURTHER AFFILIATES' MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE BALA PRESBYTERIAN HOME FOUNDATION IS INCORPORATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, AND EDUCATIONAL PURPOSES AND SUPPORTED THE PURPOSES OF THE PRESBYTERIAN HOME FOR THE AGED COUPLES AND AGED PERSONS OF THE STATE OF PENNSYLVANIA, A SECTION 501(C)(3) ORGANIZATION DESCRIBED IN SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. THE HOME'S MISSION WAS TO PROVIDE FOR A CONTINUUM OF CARE IN A CHRISTIAN SETTING FOR ELDERLY PRESBYTERIANS AND OTHERS, WITH SPECIAL CONCERN FOR THOSE OF MODEST RESOURCES. THE HOME WAS DISSOLVED SEPTEMBER 26, 2007, BUT THE FOUNDATION CONTINUES TO PROVIDE FINANCIAL SUPPORT TO THE FORMER RESIDENTS OF THE HOME FOR THEIR CARE IN OTHER FACILITIES AND ALSO PROVIDES FINANCIAL SUPPORT TO FURTHER THE MISSION OF HUMANGOOD EAST AND ITS AFFILIATES.


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Board, Officers & Key Employees

Name (title)Compensation
Harry G Dittmann
Board Member
$0
G Robert Overhiser Jr
Board Member
$0
William G Young Jr
Chair
$0
Bruce L Castor ESQ
Board Member
$0
Bruce Dearnley
Board Member
$0
John H Cochrane III
President/chief Executive Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,671
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,671
Total Program Service Revenue$0
Investment income $1,204,183
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133,171
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,339,025

Grants Awarded

Over the last fiscal year, Bala Presbyterian Home Foundation has awarded $2,390,865 in support to 2 organizations.

Grant RecipientAmount

PHILADELPHIA PRESBYTERY HOMES INC

PURPOSE: RESIDENT SUPPORT - $448,856; PASTORAL CARE - $182,258; MISSION SUPPORT - $517,441

$1,148,555

THE PRESBYTERIAN HOME OF 58TH ST

PURPOSE: TO SUPPORT THE DONEE'S MISSION

$1,242,310
View Grant Profile

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