The Champlin Foundation
- Assets
- $491.8m
- Revenue
- $39.8m
- Investments
- $454.9m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 05/1976
- Data as of
- 12/2021
- EIN
- 51-0165988
Organization Overview
The Champlin Foundation is located in Pittsburgh, PA. The organization was established in 1976. 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. Champlin 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 12/2021, Champlin Foundation generated $39.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $23.6m during the year ending 12/2021. While expenses have increased by 10.1% 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 2015, Champlin Foundation has awarded 444 individual grants totaling $51,707,240. 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 |
|---|---|---|---|
Pnc Bank Na Corporate Trustee | 40 | $1,438,135 | |
Nina Stack Executive Director | 40 | $229,824 | |
Timothy Gorham Director Of Grant Administration | 35 | $156,480 | |
Edward B Wetherill Chair | 3 | $5,000 | |
Rev Rebecca L Spencer Secretary | 3 | $5,000 | |
Linda Newton Vice Chair | 3 | $5,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wcm Investment Management | 12/30/21 | $186,058 |
Polen Capital | 12/30/21 | $166,287 |
Longfellow Investment Management Co Llc | 12/30/21 | $93,133 |
Gw&k Investment Management | 12/30/21 | $116,418 |
Eagle Capital Management Llc | 12/30/21 | $134,654 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,964,812 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,634,525 |
| Capital Gain Net Income | $28,969,587 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $188,523 |
| Total Revenue | $39,787,860 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,879,439 |
| Other employee salaries and wages | $182,935 |
| Pension plans, employee benefits | $194,126 |
| Interest | $0 |
| Taxes | $635,909 |
| Depreciation | $0 |
| Occupancy | $119,901 |
| Travel, conferences, and meetings | $1,931 |
| Printing and publications | $0 |
| Other expenses | $118,403 |
| Total operating and administrative expenses | $4,296,507 |
| Contributions, gifts, grants paid | $19,282,337 |
| Total expenses and disbursements | $23,578,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,183 |
| Savings and temporary cash investments | $36,374,461 |
| 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 | $209,959,775 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $491,780,908 |
| 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 Champlin Foundation has awarded $19,282,337 in support to 220 organizations.
| Grant Recipient | Amount |
|---|---|
Newport, RI PURPOSE: EXPANSION, RENOVATION AND RESTORATION OF CENTRAL CLUBHOUSE | $1,000,000 |
Providence, RI PURPOSE: FLUOROSCOPY EQUIPMENT PURCHASE | $941,638 |
Kingston, RI PURPOSE: LASER DOPPLER VELOCIMETRY; LASER CAPTURE MICRODISSECTION; AND LED ELLIPSOIDALS AND MOVING LIGHTS | $563,706 |
BROWN UNIVERSITY PURPOSE: SUPPORTING CHAMPLIN SCHOLARS AND THE CHAMPLIN MEMORIAL STAMP COLLECTION | $525,000 |
SOUTH COUNTY HEALTH PURPOSE: TRUST AND TRANSFORMATION CAMPAIGN | $500,000 |
Providence, RI PURPOSE: PHARMACY "CLEAN ROOMS" AT BLACKSTONE INFUSION CENTER | $498,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |