Franklin Street Giving Tree Foundation
- Assets
- $28.4m
- Revenue
- $1.5m
- Investments
- $28.3m
- Employees
- 0
- Location
- Doylestown, PA
- Founding
- 06/2000
- Data as of
- 12/2021
- EIN
- 25-6667093
Organization Overview
Franklin Street Giving Tree Foundation is located in Doylestown, PA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Franklin Street Giving Tree 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 12/2021, Franklin Street Giving Tree Foundation generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Franklin Street Giving Tree Foundation has awarded 63 individual grants totaling $6,984,859. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS CHURCHES AND OTHER NOT-FOR-PROFIT ENTITIES INVOLVED IN OUTREACH TO THE LOCAL COMMUNITY, FIGHTING HUNGER, SUPPORTING FAMILIES AND THE THE FUTHERANCE OF HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Clark Trustee | 1 | $0 | |
Kelly Lynn Patterson Trustee | 1 | $0 | |
Lisa Marie Wurster Trustee | 1 | $0 | |
Angela Clark Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/18 | $59,178 |
Asset Planning Services Ldt | 12/30/18 | $63,361 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $729,169 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $739,796 |
| Capital Gain Net Income | $210,327 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,468,965 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,447 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $90 |
| Total operating and administrative expenses | $112,532 |
| Contributions, gifts, grants paid | $2,875,734 |
| Total expenses and disbursements | $2,988,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $89,126 |
| 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 | $28,363,412 |
| 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, Franklin Street Giving Tree Foundation has awarded $2,875,734 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Doylestown, PA PURPOSE: PROVIDE COMMUNITY HEALTHCARE | $600,000 |
Philadelphia, PA PURPOSE: EDUCATIONAL GRANT | $500,000 |
THE CATHOLIC FDN OF GREATER PHILA PURPOSE: PROVIDE CARE FOR THE ELDERLY | $500,000 |
Malvern, PA PURPOSE: PROVIDE TRAINING TO CHURCH LEADERS | $500,000 |
ROGERS BEHAVIORAL HEALTH FOUNDATION PURPOSE: PROVIDE MENTAL HLTH/ADDICTION SRVCS | $435,000 |
UNIVERSITY OF PENNSYLVANIA PURPOSE: EDUCATIONAL GRANT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |