The Vert Charitable Tr Ua 12222011
- Assets
- $18.2m
- Revenue
- $4.1m
- Investments
- $16.5m
- Employees
- 0
- Location
- Wyndmoor, PA
- Founding
- 02/2012
- Data as of
- 12/2022
- EIN
- 38-7016980
Organization Overview
The Vert Charitable Tr Ua 12222011 is located in Wyndmoor, PA. The organization was established in 2012. 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. Vert Charitable Tr Ua 12222011 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, Vert Charitable Tr Ua 12222011 generated $4.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $995.7k during the year ending 12/2022. While expenses have increased by 10.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vert Charitable Tr Ua 12222011 has awarded 281 individual grants totaling $5,702,247. 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 |
|---|---|---|---|
Lon R Greenberg Trustee | 1 | $0 | |
Bonnie Greenberg Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,712,594 |
| Interest on Savings | $28,669 |
| Dividends & Interest | $363,889 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,981,332 |
| Capital Gain Net Income | $1,981,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,086,484 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33,816 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $58,907 |
| Total operating and administrative expenses | $99,863 |
| Contributions, gifts, grants paid | $895,834 |
| Total expenses and disbursements | $995,697 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,724,070 |
| 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 | $10,807,376 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,212,320 |
| 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 Vert Charitable Tr Ua 12222011 has awarded $895,834 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL ACTIVITES PARTNERSHIPS (ASAP) PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $15,000 |
AFRICAN FAMILY HEALTH ORGANIZATION PURPOSE: TO PROMOTE AND SUPPORT THE MEDICAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $1,000 |
CEIBA PHILADELPHIA PURPOSE: TO PROMOTE AND SUPPORT THE CHARITABLE EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $1,000 |
ALUMNI ASSOCIATION OF CENTRAL HIGH SCHOOL PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $33,000 |
CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $10,000 |
CHILDREN'S LITERACY INITIATIVE PURPOSE: TO PROMOTE AND SUPPORT THE CHARITABLE EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $50,000 |