Concordia Foundation
- Assets
- $16.2m
- Revenue
- $329.4k
- Investments
- $13.9m
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 12/1996
- Data as of
- 12/2022
- EIN
- 31-1486126
Organization Overview
Concordia Foundation is located in Baltimore, MD. The organization was established in 1996. 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. Concordia 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, Concordia Foundation generated $329.4k 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 (29.8%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Concordia Foundation has awarded 68 individual grants totaling $2,008,381. 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 |
|---|---|---|---|
John J Roberts Trustee | 1 | $0 | |
Christopher L Roberts Trustee | 1 | $0 | |
Rebecca B Roberts Trustee | 5 | $0 | |
Pierra Legorrec Trustee | 25 | $90,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $49,148 |
| Dividends & Interest | $251,952 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,343 |
| Capital Gain Net Income | $28,343 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $329,443 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,000 |
| Other employee salaries and wages | $153,084 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,834 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83,151 |
| Total operating and administrative expenses | $370,093 |
| Contributions, gifts, grants paid | $640,000 |
| Total expenses and disbursements | $1,010,093 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,736 |
| Savings and temporary cash investments | $2,322,670 |
| 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 | $2,888,439 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,191,994 |
| 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, Concordia Foundation has awarded $640,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CASCADIA ACTION PURPOSE: GENERAL PURPOSES | $38,000 |
DIA CENTER FOR THE ARTS INC PURPOSE: GENERAL PURPOSES | $15,000 |
ENVIRONMENTAL DEFENSE FUND PURPOSE: GENERAL PURPOSES | $40,000 |
GODS LOVE WE DELIVER INC PURPOSE: GENERAL PURPOSES | $20,000 |
GREEN LENTS PURPOSE: GENERAL PURPOSES | $15,000 |
NEIGHBORS FOR CLEAN AIR PURPOSE: GENERAL PURPOSES | $50,000 |