David Fam Charitable Foundation
- Assets
- $530.2k
- Revenue
- $3.3k
- Investments
- $524.9k
- Employees
- 0
- Location
- Eagleville, PA
- Founding
- 09/1998
- Data as of
- 12/2022
- EIN
- 23-7922429
Organization Overview
David Fam Charitable Foundation is located in Eagleville, PA. The organization was established in 1998. 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. David Fam Charitable 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, David Fam Charitable Foundation generated $3.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $48.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, David Fam Charitable Foundation has awarded 169 individual grants totaling $131,334. 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 |
|---|---|---|---|
Clifford C David Jr Trustee | 0 | $0 | |
R Kimber David Trustee | 0 | $0 | |
Sedgar David Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,084 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,812 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,616 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $122 |
| Total operating and administrative expenses | $10,251 |
| Contributions, gifts, grants paid | $37,750 |
| Total expenses and disbursements | $48,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,263 |
| 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 | $0 |
| Total assets | $530,169 |
| 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, David Fam Charitable Foundation has awarded $37,750 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
LAKE GEORGE LAND CONSERVANCY PURPOSE: SUPPORT LAND AND WATER PROTECTION PROGRAM | $2,000 |
CORAL BAY COMMUNITY COUNCIL PURPOSE: SUPPORT EDUCATION & PROTECTING ENVIRONMENT, IMPROVING INFRASTRUCTURE, ENCOURAGING SOCIAL PROGRESS AND PLANNING DEVELOPMENT | $500 |
GERMANTOWN FRIENDS SCHOOL PURPOSE: SUPPORT FUNDING OF DAY-TO-DAY ACTIVITIES, FINANCIAL AID, CAMPUS IMPROVEMENTS, AND BUILDING THE ENDOWMENT | $1,000 |
NATURAL LANDS PURPOSE: SUPPORT LAND PROTECTION PROJECTS, POND-TO-STREAM PROJECT AND AMERICAN CHESNUT RESEARCH | $100 |
PLYMOUTH MEETING FRIENDS SCHOOL PURPOSE: SUPPORT PROVISION OF CRITICAL RESOURCES THAT ENABLE STUDENTS TO BECOME CAPABLE YOUNG ADULTS | $2,000 |
WISSAHICKON VALLEY PUBLIC LIBRARY PURPOSE: SUPPORT PUBLIC LIBRARY | $100 |