The Allerton Foundation Inc
- Assets
- $77.3m
- Revenue
- $13.7m
- Investments
- $76.5m
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 05/2000
- Data as of
- 06/2022
- EIN
- 23-3035225
Organization Overview
The Allerton Foundation Inc is located in Newtown Square, PA. The organization was established in 2000. 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. Allerton 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 06/2022, Allerton Foundation Inc generated $13.7m in total revenue. All expenses for the organization totaled $2.7m during the year ending 06/2022. While expenses have increased by 17.0% per year over the past 3 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 2020, Allerton Foundation Inc has awarded 100 individual grants totaling $13,450,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS A PRIVATE NON-OPERATING FOUNDATION, AND AS SUCH, ITS ONLY ACTIVITY IS TO MAKE GRANTS OR CONTRIBUTIONS TO OTHER 501(C) ORGANIZATIONS, PRINCIPALLY TO PUBLIC CHARITIES. SEE ATTACHED SCHEDULE - "GRANTS PAID"
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane L Myer President & Director | 3 | $0 | |
Marguerite Lenfest Treasurer & Director | 1 | $0 | |
L Bruce Melgary Director,secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $11,011,180 |
| Interest on Savings | $1,384 |
| Dividends & Interest | $1,260,963 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,457,437 |
| Capital Gain Net Income | $1,457,437 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$8,253 |
| Total Revenue | $13,722,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65,869 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,137 |
| Total operating and administrative expenses | $282,870 |
| Contributions, gifts, grants paid | $2,456,000 |
| Total expenses and disbursements | $2,738,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,187 |
| Savings and temporary cash investments | $568,917 |
| 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 | $18,799,014 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $199,789 |
| Total assets | $77,338,796 |
| Accounts payable and accrued expenses | $2,500 |
| 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 | $2,500 |
Grants Awarded
Over the last fiscal year, The Allerton Foundation Inc has awarded $4,186,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
HOPE SPRINGS EQUESTRIAN THERAPY INC PURPOSE: FOR GENERAL SUPPORT OF ORGANIZATION | $10,000 |
JUDITH CREED HORIZONS FOR ACHIEVING INDEPENDENCE PURPOSE: OPERATING SUPPORT | $150,000 |
LARGE ANIMAL PROTECTION SOCIETY PURPOSE: FOR GENERAL SUPPORT OF ORGANIZATION | $5,000 |
MAIN LINE ANIMAL RESCUE INC PURPOSE: FOR GENERAL SUPPORT OF ORGANIZATION | $25,000 |
MARINE MAMMAL STRANDING CENTER PURPOSE: FOR GENERAL SUPPORT OF ORGANIZATION | $30,000 |
MORRIS ANIMAL REFUGE PURPOSE: FOR GENERAL SUPPORT OF ORGANIZATION | $10,000 |