Genuardi Family Foundation
- Assets
- $23.4m
- Revenue
- $3.2m
- Investments
- $21.5m
- Employees
- 0
- Location
- Blue Bell, PA
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 23-3041300
Organization Overview
Genuardi Family Foundation is located in Blue Bell, PA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Genuardi Family 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 12/2021, Genuardi Family Foundation generated $3.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $3.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Genuardi Family Foundation has awarded 223 individual grants totaling $5,762,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles A Genuardi Director | 0 | $0 | |
James V Genuardi Director | 0 | $0 | |
Michael A Genuardi Director | 0 | $0 | |
Laurence P Genuardi Vice President | 0 | $0 | |
Anthony D Genuardi Director | 0 | $0 | |
David T Genuardi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23 |
| Dividends & Interest | $535,240 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,653,490 |
| Capital Gain Net Income | $2,925,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,188,753 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,987 |
| Depreciation | $159 |
| Occupancy | $33,029 |
| Travel, conferences, and meetings | $138 |
| Printing and publications | $0 |
| Other expenses | $91,508 |
| Total operating and administrative expenses | $525,205 |
| Contributions, gifts, grants paid | $3,077,000 |
| Total expenses and disbursements | $3,602,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,087 |
| Savings and temporary cash investments | $1,896,774 |
| 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 | $2,460 |
| Total assets | $23,370,395 |
| 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, Genuardi Family Foundation has awarded $3,077,000 in support to 108 organizations.
| Grant Recipient | Amount |
|---|---|
Philadelphia, PA PURPOSE: OPERATIONAL SUPPORT | $1,210,000 |
Norristown, PA PURPOSE: OPERATIONAL SUPPORT | $200,000 |
EINSTEIN MEDICAL CENTER MONTGOMERY PURPOSE: OPERATIONAL SUPPORT | $110,000 |
TUCSON WILDLIFE CENTER INC PURPOSE: OPERATIONAL SUPPORT | $60,000 |
Blue Bell, PA PURPOSE: OPERATIONAL SUPPORT | $60,000 |
DEVON PREPARATORY SCHOOL PURPOSE: OPERATIONAL SUPPORT | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Genuardi Family Foundation has recieved totaling $19,965.
| Awarding Organization | Amount |
|---|---|
Mitzvah Circle Foundation Norristown, PA PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $19,965 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |