Fair Play Foundation
- Assets
- $9.3m
- Revenue
- $766.2k
- Investments
- $9.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 01/1962
- Data as of
- 12/2022
- EIN
- 51-6017779
Organization Overview
Fair Play Foundation is located in Wilmington, DE. The organization was established in 1962. According to its NTEE Classification (A65) the organization is classified as: Theater, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Play 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, Fair Play Foundation generated $766.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $965.7k during the year ending 12/2022. While expenses have increased by 1.4% per year over the past 4 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, Fair Play Foundation has awarded 128 individual grants totaling $2,230,375. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Blaine T Phillips Jr Trustee, Executive Directo | 30 | $48,000 | |
Blaine T Phillips Trustee | 0 | $0 | |
Kristin L Demesse Trustee | 0 | $0 | |
Gregory A Inskip Trustee, Secretary | 0 | $0 | |
Milbrey R Jacobs Trustee | 0 | $0 | |
W Halsey Spruance Jr Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $201,861 |
| Net Rental Income | $7,000 |
| Net Gain on Sale of Assets | $514,977 |
| Capital Gain Net Income | $514,977 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42,379 |
| Total Revenue | $766,217 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,555 |
| Depreciation | $0 |
| Occupancy | $14,007 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,054 |
| Total operating and administrative expenses | $184,722 |
| Contributions, gifts, grants paid | $781,000 |
| Total expenses and disbursements | $965,722 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,235 |
| Savings and temporary cash investments | $0 |
| 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 | $21,465 |
| Net Investments - land, buildings, equipment | $33,697 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,507,517 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $19,310 |
| Total assets | $9,333,613 |
| 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 | $48,351 |
| Total liabilities | $48,351 |
Grants Awarded
Over the last fiscal year, Fair Play Foundation has awarded $781,000 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
1103 MARKET STREET FOUNDATION PURPOSE: PRESERVATION OF WILMINGTON'S OLDEST MANSION HOUSE - THE MERRICK HOUSE AT 1103 MARKET STREET, WILMINGTON, DE | $10,000 |
BLANDY EXPERIMENTAL FARM PURPOSE: FOUNDATION OF THE STATE ARBORETUM - BLANDY EXPERIMENTAL STATTION: SUPPORTING UNDERSTANDING OF THE NATURAL ENVIRONMENT THROUGH CONTINUED RESEARCH OF PLANTS, PLANT BIOLOGY, ECOLOGY, EVOLUTION, AND THE ENVIRNOMENTAL SCIENCES | $7,500 |
BRANDYWINE RED CLAY ALLIANCE PURPOSE: BRANDYWINE WATERSHED MONITORING AND EDUCATION INITIATIVES | $7,500 |
BRIGHT'S CREEK CONSERVANCYINC PURPOSE: TO SUPPORT FORESTRY AND RIPARIAN ENCHANCEMENT PROJECTS TO IMPROVE WATER QUALITY IN THE BUSHKILL WATERSHED AND UPPER DELWARE HEADWATERS REGION | $10,000 |
CHALLENGE PROGRAM PURPOSE: TO SUPPORT THE NEW HEADQUARTERS AND SHOP LOCATION | $7,500 |
CHADDS FORD HISTORICAL SOCIETY PURPOSE: FOR GENERAL OPERATING COSTS | $1,000 |