Joseph C Scott Foundation
- Assets
- $1.6m
- Revenue
- $41.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Jenkintown, PA
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-3892199
Organization Overview
Joseph C Scott Foundation is located in Jenkintown, PA. The organization was established in 2009. 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. Joseph C Scott 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 12/2022, Joseph C Scott Foundation generated $41.7k 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 (7.1%) each year. All expenses for the organization totaled $213.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Joseph C Scott Foundation has awarded 50 individual grants totaling $822,600. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,714 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $15,741 |
| Net ST Capital Gain | $1,794 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $41,714 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $301 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,730 |
| Contributions, gifts, grants paid | $196,100 |
| Total expenses and disbursements | $213,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,593 |
| Savings and temporary cash investments | $30,287 |
| 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 | $1,550,625 |
| 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, Joseph C Scott Foundation has awarded $196,100 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ABINGTON HEALTH FOUNDATION PURPOSE: TO PROVIDE PUBLICSUPPORT TO LOCALHOSPITAL | $50,000 |
ABINGTON PAL PURPOSE: REDUCE JUVENILECRIME AND VIOLENCE | $20,000 |
HUMAN GOOD PA PURPOSE: SUPPORT THEMEDICAL CENTER | $1,000 |
PENNYPACK ECOLOGICAL TRUST PURPOSE: MAINTAINS TRAILSFOR THE PUBLICTO USE | $5,000 |
OLD YORK ROAD HISTORICAL SOCIETY PURPOSE: PROVIDE PROGRAMSUPPORT | $10,000 |
HORACE MCGEE FOUNDATION PURPOSE: SUPPORT FOR DISABLED ATHLETES | $30,000 |