Philip D Griffith Family Charitable Foundation
- Assets
- $1.3m
- Revenue
- $291.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Neodesha, KS
- Founding
- 06/1991
- Data as of
- 12/2023
- EIN
- 48-1076347
Organization Overview
Philip D Griffith Family Charitable Foundation is located in Neodesha, KS. The organization was established in 1991. 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. Philip D Griffith Family 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 12/2023, Philip D Griffith Family Charitable Foundation generated $291.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $130.1k during the year ending 12/2023. While expenses have increased by 7.4% per year over the past 5 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 2020, Philip D Griffith Family Charitable Foundation has awarded 17 individual grants totaling $245,735. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
BY FAR THE FOUNDATION'S MAIN CHARITABLE ACTIVITY IS PROMOTING EDUCATION IN NEODESHA, KANSAS. THE BULK OF GRANTS AND ALL ADMINISTRATIVE EXPENSES ARE CONNECTED WITH THE PURPOSE. APPROXIMATELY 65 STUDENTS RECEIVED SCHOLARSHIPS AND THERE WERE SEVERAL DIFFERENT LOCAL SCHOOL PROJECTS FUNDED. THE TOTAL NUMBER OF STUDENTS BENEFITED BY THESE GRANTS AND SCHOLARSHIPS NUMBER IN EXCESS OF 800.
KEEP MEMORY ALIVE
NEODESHA ARTS ASSOCIATION, SUMMER THEATRE
GLENBROOK HISTORICAL SOCIETY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip D Griffith President | 2 | $0 | |
Marilyn Graham Vice Preside | 2 | $3,200 | |
Dennis Depew Secretary/tr | 4 | $3,200 | |
Alex Griffith Trustee | 2 | $3,200 | |
Cristina Griffith Trustee | 2 | $3,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $206,197 |
| Interest on Savings | $7 |
| Dividends & Interest | $7,509 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,443 |
| Capital Gain Net Income | $14,532 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,500 |
| Total Revenue | $291,656 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $12,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $387 |
| Depreciation | $5,462 |
| Occupancy | $7,355 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,359 |
| Total operating and administrative expenses | $43,613 |
| Contributions, gifts, grants paid | $86,500 |
| Total expenses and disbursements | $130,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,359 |
| Savings and temporary cash investments | $1,581 |
| 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 | $199,629 |
| Other assets | $0 |
| Total assets | $1,338,983 |
| 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, Philip D Griffith Family Charitable Foundation has awarded $86,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
USD 461 - NEODESHA PURPOSE: EDUCATIONAL PROJECTS | $800 |
EDUCATIONAL SCHOLARSHIPS PURPOSE: EDUCATIONAL SCHOLARSHIPS | $46,700 |
NEODESHA ARTS ASSOCIATION PURPOSE: GRANT | $1,500 |
GLENBROOK HISTORICAL SOCIETY PURPOSE: GRANT | $1,000 |
KEEP MEMORY ALIVE PURPOSE: RESEARCH & DEVELOPMENT | $36,500 |