Vernon And Doris Bishop Foundation
- Assets
- $4.0m
- Revenue
- $630.3k
- Investments
- $3.6m
- Employees
- 0
- Location
- Lebanon, PA
- Founding
- 10/1957
- Data as of
- 12/2022
- EIN
- 23-6255835
Organization Overview
Vernon And Doris Bishop Foundation is located in Lebanon, PA. The organization was established in 1957. 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. Vernon And Doris Bishop 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, Vernon And Doris Bishop Foundation generated $630.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $447.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vernon And Doris Bishop Foundation has awarded 138 individual grants totaling $3,739,174. 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 |
|---|---|---|---|
Katherine J Bishop Trustee | 0.2 | $0 | |
Thomas C Bishop Trustee | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $310,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $70,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $250,223 |
| Capital Gain Net Income | $250,223 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8 |
| Total Revenue | $630,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,615 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,615 |
| Contributions, gifts, grants paid | $429,500 |
| Total expenses and disbursements | $447,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,339 |
| 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 | $310,000 |
| Total assets | $3,997,889 |
| 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 | $93,500 |
| Total liabilities | $93,500 |
Grants Awarded
Over the last fiscal year, Vernon And Doris Bishop Foundation has awarded $429,500 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
LEBANON VALLEY COUNCIL ON THE ARTS PURPOSE: GENERAL FUND PURPOSE | $500 |
SUSQUEHANNA SERVICE DOGS PURPOSE: GENERAL FUND PURPOSE | $5,000 |
MUSIC IN THE PARK PURPOSE: GENERAL FUND PURPOSE | $500 |
UNITED WAY OF LEBANON COUNTY PURPOSE: GENERAL FUND PURPOSE | $25,000 |
VISION CORP FOUNDATION PURPOSE: GENERAL FUND PURPOSE | $5,000 |
VOLUNTEERS IN MEDICINE PURPOSE: GENERAL FUND PURPOSE | $2,500 |