Satell Institute

Organization Overview

Satell Institute is located in King Of Prussia, PA. The organization was established in 2016. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Satell Institute 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, Satell Institute generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $3.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Satell Institute has awarded 77 individual grants totaling $4,144,975. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, THE SATELL INSTITUTE INITIATED THE NONPROFIT PARTNER ENRICHMENT EDUCATION INITIATIVE YOUTH ENRICHMENT SERIES (YES). THE INSTITUTE MATCHES ANY FUNDS RAISED AND THEN PARTNERS WITH OTHER 501(C)(3) CHARITIES TO PROVIDE SCHOLARSHIPS TO VARIOUS INTERACTIVE VIRTUAL ENRICHMENT CLASSES THROUGH THE RESPECTIVE NONPROFITS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $193,000
Interest on Savings $0
Dividends & Interest $247,373
Net Rental Income$0
Net Gain on Sale of Assets $685,872
Capital Gain Net Income $685,872
Net ST Capital Gain $8,462
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $1,126,245

Grants Awarded

Over the last fiscal year, Satell Institute has awarded $3,152,975 in support to 13 organizations.

Grant RecipientAmount

THE SATELL FAMILY FOUNDATION

Org PageRecipient Profile

King of Prussia, PA

PURPOSE: TO PROVIDE FUNDS TO FURTHER SUPPORT THE ORGANIZATION'S MISSION

$3,000,000

SPECIAL OLYMPICS OF PENNSYLVANIA

Org PageRecipient Profile

Norristown, PA

PURPOSE: TO MATCH DONATIONS FROM LOCAL BUSINESSES IN SUPPORT OF THE ORGANIZATION'S MISSION

$61,900

JUNIOR ACHIEVEMENT

PURPOSE: TO MATCH DONATIONS FROM LOCAL BUSINESSES IN SUPPORT OF THE ORGANIZATION'S MISSION

$24,600

PENNSYLVANIA ACADEMY OF FINE ARTS

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO MATCH DONATIONS FROM LOCAL BUSINESSES IN SUPPORT OF THE ORGANIZATION'S MISSION

$18,000

FRANKLIN INSTITUTE

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: TO MATCH DONATIONS FROM LOCAL BUSINESSES IN SUPPORT OF THE ORGANIZATION'S MISSION

$11,500

GIRL SCOUTS OF EASTERN PENNSYLVANIA

PURPOSE: TO MATCH DONATIONS FROM LOCAL BUSINESSES IN SUPPORT OF THE ORGANIZATION'S MISSION

$9,700
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Satell Institute has recieved totaling $22,500.

Awarding OrganizationAmount
David M & Marjorie D Rosenbertg Foundation Tr

Villanova, PA

PURPOSE: SAME AS PREVIOUS ORG

$10,000
Douglas O And Gail S Tozour Foundation

Hilton Head, SC

PURPOSE: TO SUPPORT COMMUNITY INITIATIVES

$10,000
Poor Richards Charitable Trust

Chesterbrook, PA

PURPOSE: TO FUND THE OPERATIONAL BUDGETS OF THE ORGANIZATION

$2,500
View Grant Recipient Profile

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