Porter Family Charitable Foundation Inc
- Assets
- $1.4m
- Revenue
- $250.9k
- Investments
- $1.3m
- Employees
- 0
- Location
- Washngton, DC
- Founding
- 04/1993
- Data as of
- 12/2021
- EIN
- 52-1811780
Organization Overview
Porter Family Charitable Foundation Inc is located in Washngton, DC. The organization was established in 1993. 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. Porter Family Charitable Foundation Inc 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, Porter Family Charitable Foundation Inc generated $250.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $316.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Porter Family Charitable Foundation Inc has awarded 105 individual grants totaling $1,053,700. 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 |
|---|---|---|---|
Amelie P Stroh President | 1 | $0 | |
Jennifer P Mackenzie Secretary | 1 | $0 | |
Mark Mackenzie Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $75,251 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $173,487 |
| Capital Gain Net Income | $173,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,126 |
| Total Revenue | $250,868 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,892 |
| Depreciation | $0 |
| Occupancy | $21,762 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,410 |
| Total operating and administrative expenses | $96,942 |
| Contributions, gifts, grants paid | $219,500 |
| Total expenses and disbursements | $316,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $103,923 |
| 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 | $4,792 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,399,821 |
| 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, Porter Family Charitable Foundation Inc has awarded $219,500 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
TULANE UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $33,000 |
NATIONAL CATHEDRAL SCHOOL PURPOSE: GENERL OPERATING SUPPORT | $28,000 |
INTERNATIONAL PRINT CENTER PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Nashville, TN PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
KIDS ON STAGE FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
BISHOP WALKER SCHOOL PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Bedford Falls Foundation C/O Joanne Barkett Conway Washington, DC | $61,666,880 | $84,617,094 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Wallace Global Fund Ii Washington, DC | $136,169,792 | $23,961,855 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Laszlo N Tauber Family Foundation Inc North Bethesda, MD | $0 | $1,758,712 |
Breakthrough Prize In Life Sciences Foundation Washington, DC | $615,230 | $10,652,847 |
Manning Family Foundation Charlottesville, VA | $313,144,000 | $17,216,650 |
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |