The Gitlin Foundation
- Assets
- $26.8m
- Revenue
- -$1.6m
- Investments
- $22.5m
- Employees
- 0
- Location
- Fort Washington, PA
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 25-6645244
Organization Overview
The Gitlin Foundation is located in Fort Washington, PA. The organization was established in 2008. 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. Gitlin Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Gitlin Foundation has awarded 229 individual grants totaling $12,423,596. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harvey S Gitlin Director | 2 | $0 | |
Amy E Gitlin Treasury/dir | 1 | $0 | |
Michelle Gitlin Goldstein President/di | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $290,040 |
| Dividends & Interest | $483,880 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,368,296 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,520 |
| Total Revenue | -$1,592,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,538 |
| Total operating and administrative expenses | $24,918 |
| Contributions, gifts, grants paid | $2,789,500 |
| Total expenses and disbursements | $2,814,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,179 |
| Savings and temporary cash investments | $4,278,362 |
| 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 | $586 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $150,289 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,790,337 |
| 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 $2,789,500 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: SUPPORT OF CHIDREN'S HOSPITAL | $200,000 |
JAWS YOUTH PLAYBOOK PURPOSE: IMPROVE WELLNESS OF AT RISK YOUTH | $5,000 |
JAWS YOUTH PLAYBOOK BIKE DRIVE PURPOSE: HOLIDAY BIKE DRIVE | $13,500 |
RUBYE'S KIDS PURPOSE: EMPOWERING CHILDREN IN NEED | $50,000 |
JEWISH FAMILY & CHILDREN SERVICES PURPOSE: PROVIDE SOCIAL SERVICES TO FAMILIES | $75,000 |
ABINGTON HEALTH FOUNDATION PURPOSE: SUPPORT ABINGTON HOSPITAL | $100,000 |