Triumph Group Charitable Foundation
- Assets
- $5.0m
- Revenue
- $192.9k
- Investments
- $4.8m
- Employees
- 0
- Location
- Radnor, PA
- Founding
- 03/2009
- Data as of
- 03/2024
- EIN
- 26-3937598
Organization Overview
Triumph Group Charitable Foundation is located in Radnor, 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. Triumph Group Charitable 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 03/2024, Triumph Group Charitable Foundation generated $192.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $424.7k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Triumph Group Charitable Foundation has awarded 157 individual grants totaling $1,531,056. 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 |
|---|---|---|---|
Daniel J Crowley President | 25 | $0 | |
James F Mccabe Vice President/treasurer | 25 | $0 | |
Jennifer H Allen Vice President/secretary | 25 | $0 | |
Sheila G Spagnolo Vice President | 12 | $0 | |
Thomas A Quigley Vice President | 12 | $0 | |
Kai Kasiguran Vice President | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $188,761 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,882 |
| Capital Gain Net Income | $2,882 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,305 |
| Total Revenue | $192,948 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,046 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $66,879 |
| Contributions, gifts, grants paid | $357,825 |
| Total expenses and disbursements | $424,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $181,898 |
| 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 | $3,875,662 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,971,997 |
| 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, Triumph Group Charitable Foundation has awarded $353,950 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
THE JOYJ INITIATIVE PURPOSE: GENERAL OPERATING | $5,000 |
SOCIETY OF ASIAN SCIENTISTS AND ENGINEER PURPOSE: GENERAL OPERATING | $5,500 |
SOCIETY OF WOMEN ENGINEERS PURPOSE: GENERAL OPERATING | $2,200 |
GREAT MINDS IN STEM PURPOSE: GENERAL OPERATING | $5,750 |
SOCIETY OF HISPANIC PROFESSIONAL ENGINEE PURPOSE: GENERAL OPERATING | $5,000 |
ALSACST JUDE CHILDREN'S RESEARCH HOSPIT PURPOSE: GENERAL OPERATING | $7,500 |