Emporium Foundation Inc
- Assets
- $4.1m
- Revenue
- $75.9k
- Investments
- $4.0m
- Employees
- 0
- Location
- Emporium, PA
- Founding
- 06/1945
- Data as of
- 12/2022
- EIN
- 25-0995760
Organization Overview
Emporium Foundation Inc is located in Emporium, PA. The organization was established in 1945. 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. Emporium Foundation Inc 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, Emporium Foundation Inc generated $75.9k 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 (25.7%) each year. All expenses for the organization totaled $289.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Emporium Foundation Inc has awarded 56 individual grants totaling $629,493. 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 |
|---|---|---|---|
Gary E Boden Treasurer | 2 | $0 | |
Edwin W Tompkins III Secretary/adminitrator/cou | 2 | $0 | |
Lori J Reed Vice President | 2 | $0 | |
John T Rogers President | 2 | $0 | |
A Blair Lundberg Assistant Secretary | 2 | $0 | |
Clifford M Clark Assistant Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $78,756 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,841 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,916 |
| 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 | $19,580 |
| Total operating and administrative expenses | $61,821 |
| Contributions, gifts, grants paid | $228,014 |
| Total expenses and disbursements | $289,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $75,503 |
| 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 | $90,250 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,842,836 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,121,897 |
| 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, Emporium Foundation Inc has awarded $228,014 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CAMERON COUNTY CHAMBER OF COMMERCE PURPOSE: DEFRAY 2022 OPERATING BUDGET | $30,000 |
CAMERON COUNTY FIREWORKS COMMITTEE PURPOSE: 2022 COMMUNITY FIREWORKS DISPLAY | $1,990 |
CAMERON COUNTY LITTLE LEAGUE PURPOSE: 2022 BUDGET FOR LITTLE LEAGUE & GIRLS SOFTBALL SPRING-SUMMER PROGRAMS & COMPLEX IMPROVEMENTS | $12,000 |
CAMERON COUNTY QUARTERBACK CLUB PURPOSE: 2022 CCHS FOOTBALL SEASON PRE-GAME MEALS & YEAR-END BANQUET | $4,000 |
CAMERON COUNTY RECREATION BOARD 4-H PROGRAMS PURPOSE: 2022 4-H OUT-OF-SCHOOL YOUTH PROGRAMS | $10,500 |
CAMERON COUNTY RECREATION BOARD GENERAL BUDGET PURPOSE: DEFRAY 2022 RECREATION CENTER ACTIVITIES BUDGET | $35,000 |