Elder Family Foundation

Organization Overview

Elder Family Foundation is located in Swarthmore, PA. The organization was established in 2002. 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. Elder Family 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, Elder Family Foundation generated $92.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $89.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (21.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Elder Family Foundation has awarded 33 individual grants totaling $195,500. 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)Compensation
Elizabeth Mentzinger
Trustee
$0
Richard Mentzinger Jr
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $685
Dividends & Interest $37,192
Net Rental Income$0
Net Gain on Sale of Assets $54,341
Capital Gain Net Income $53,989
Net ST Capital Gain $352
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $92,218

Grants Awarded

Over the last fiscal year, Elder Family Foundation has awarded $75,000 in support to 11 organizations.

Grant RecipientAmount

OLD SOUTH CHURCH IN BOSTON

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL OPERATIONS

$10,000

CHICAGO COMMUNITIES IN SCHOOLS

Org PageRecipient Profile

Chicago, IL

PURPOSE: GENERAL OPERATIONS

$10,000

PENN MEDICINE DEVELOPMENT

PURPOSE: GENERAL OPERATIONS

$10,000

YALE SCHOOL OF MEDICINE

PURPOSE: GENERAL OPERATIONS

$10,000

SWARTHMORE CENTENNIAL FOUNDATION

Org PageRecipient Profile

Swarthmore, PA

PURPOSE: GENERAL OPERATIONS

$5,000

PENNSYLVANIA SHAKESPEARE FESTIVAL

Org PageRecipient Profile

Center Valley, PA

PURPOSE: GENERAL OPERATIONS

$5,000
View Grant Profile

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