Fund For Education
- Assets
- $1.7m
- Revenue
- -$174.3k
- Investments
- $1.7m
- Employees
- 0
- Location
- Ardmore, PA
- Founding
- 05/1986
- Data as of
- 12/2021
- EIN
- 23-6849172
Organization Overview
Fund For Education is located in Ardmore, PA. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Fund For Education 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, Fund For Education generated -$174.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $95.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Fund For Education has awarded 106 individual grants totaling $251,308. 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 |
|---|---|---|---|
Susan M Prusky Trustee | 0 | $0 | |
Paul M Prusky Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,199 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$146,192 |
| Total Revenue | -$174,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,477 |
| Total operating and administrative expenses | $5,022 |
| Contributions, gifts, grants paid | $90,000 |
| Total expenses and disbursements | $95,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $1,747,240 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,747,240 |
| 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, Fund For Education has awarded $90,000 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FAMILY & CHILDREN SERVICES PURPOSE: CHARITABLE | $10,000 |
RESCUE TASK FORCE PURPOSE: CHARITABLE | $10,000 |
STUDENT CONSERVATION ASSOCIATION PURPOSE: CHARITABLE | $7,500 |
BRANDEIS UNIVERSITY PURPOSE: EDUCATIONAL | $5,000 |
Los Angeles, CA PURPOSE: EDUCATIONAL | $5,000 |
BEREA COLLEGE PURPOSE: EDUCATIONAL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Johns Hopkins University Retiree Medical Benefits Tr Baltimore, MD | $393,460,709 | $90,822,229 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
University Of Maryland Medical System Foundation Inc Baltimore, MD | $91,803,907 | $14,920,300 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |