The@gt Foundation
- Assets
- $7.8m
- Revenue
- $436.8k
- Investments
- $7.6m
- Employees
- 0
- Location
- Lansdale, PA
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 23-7927474
Organization Overview
The@gt Foundation is located in Lansdale, 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. The@gt 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 12/2023, The@gt Foundation generated $436.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $978.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, The@gt Foundation has awarded 218 individual grants totaling $8,673,526. 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
2023
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)(3) ORGANIZATIONS, PRINCIPALLY TO PUBLIC CHARITIES. SEE PART XV, QUESTION 3A.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Stanley Trustee | 0 | $0 | |
Joan Stanley Trustee | 0 | $0 | |
Nancy Stanley Trustee | 0 | $0 | |
Hannah Delfiner Trustee | 0 | $0 | |
Ruth Delfiner Trustee | 0 | $0 | |
Michael Delfiner Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $480,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $224,555 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$275,050 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,314 |
| Total Revenue | $436,821 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,000 |
| Total operating and administrative expenses | $21,015 |
| Contributions, gifts, grants paid | $957,710 |
| Total expenses and disbursements | $978,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,648 |
| 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 | $4,730,643 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,752,789 |
| 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, The@gt Foundation has awarded $957,710 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
2LIFE COMMUNITIES PURPOSE: GENERAL PURPOSE | $25,000 |
ALEX'S LEMONADE STAND FOUNDATION PURPOSE: GENERAL PURPOSE | $10,790 |
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC PURPOSE: GENERAL PURPOSE | $8,000 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: GENERAL PURPOSE | $125,138 |
AMERICAN PEACE AND TOLERANCE PURPOSE: GENERAL PURPOSE | $6,000 |
CAMERA PURPOSE: GENERAL PURPOSE | $14,000 |