The Gitlin Foundation
- Assets
- $31.9m
- Revenue
- -$2.5m
- Investments
- $26.8m
- Employees
- 0
- Location
- Fort Washington, PA
- Founding
- 03/2008
- Data as of
- 12/2020
- EIN
- 25-6645244
The information for The Gitlin Foundation is as of the organization's most recent filing in December '20. This organization is located in Fort Washington, PA. It has been in existence for 12 years, following its founding in 2008.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Gitlin Foundation's NTEE code is T20. The "T" tells us that the organization is classified as Philanthropy, Voluntarism & Grantmaking Foundations. The "20" tells us that the organization is a Private Grantmaking Foundation. Private Grantmaking Foundations are nongovernmental, nonprofit organizations with funds and programs managed by trustees or directors, established to maintain or aid social, educational, religious, or other charitable activities serving the common welfare, primarily through grantmaking. Additionally, The Gitlin Foundation is classified as a 501(c)(3) organization, meaning it is engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work according to the Internal Revenue Code.
Grant History
Our dataset includes four years of grant history for The Gitlin Foundation. Over the course of those four years, they have awarded a total of 165 grants, with an average check size of $51,569. The foundation awards grants in various sectors, with the highest number of grants awarded in the Religion-Related sector (11), followed by Education (7) and Health Care (6). When it comes to geographic distribution, the foundation has awarded the majority of grants in Pennsylvania (121), followed by New York (13), South Dakota (4), New Jersey (10), Maryland (1), California (5), Virginia (4), Georgia (3), and Washington, D.C. (4).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey S Gitlin Director | 2 | $0 | |
Amy E Gitlin Treas/director | 1 | $0 | |
Michelle Gitlin Goldstein Pres/director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $817,386 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$3,286,310 |
| Other Income | $2,155 |
| Total Revenue | -$2,466,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9 |
| Taxes | $13,880 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,570 |
| Total operating and administrative expenses | $27,404 |
| Contributions, gifts, grants paid | $1,975,000 |
| Total expenses and disbursements | $2,002,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,280 |
| Savings and temporary cash investments | $5,098,937 |
| 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 | $10,500 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $384,794 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $31,880,599 |
| 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 Gitlin Foundation has awarded $3,950,000 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE HEALTH FOUNDATION PURPOSE: LUNG CANER RESEARCH | $300,000 |
FOX CHASE CANCER CENTER PURPOSE: KIDNEY RESEARCH | $300,000 |
FOX CHASE CANCER CENTER PURPOSE: KIDNEY RESEARCH | $300,000 |
TEMPLE HEALTH FOUNDATION PURPOSE: LUNG CANER RESEARCH | $300,000 |
ABINGTON HEALTH FOUNDATION PURPOSE: SUPPORT OF ABINGTON-JEFFERSON HOSPITAL | $150,000 |
ABINGTON HEALTH FOUNDATION PURPOSE: SUPPORT OF ABINGTON-JEFFERSON HOSPITAL | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |