Porter Family Charitable Foundation Inc
- Assets
- $1.3m
- Revenue
- $232.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Washngton, DC
- Founding
- 04/1993
- Data as of
- 12/2022
- 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 12/2022, Porter Family Charitable Foundation Inc generated $232.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $322.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Porter Family Charitable Foundation Inc has awarded 149 individual grants totaling $1,552,500. 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) | Role | Hours | Compensation |
|---|---|---|---|
Amelie P Stroh President | 1 | $5,000 | |
Jennifer P Mackenzie Secretary | 1 | $5,000 | |
Mark Mackenzie Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $73,471 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $156,727 |
| Capital Gain Net Income | $156,727 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,805 |
| Total Revenue | $232,009 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,862 |
| Depreciation | $0 |
| Occupancy | $21,741 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $122,732 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $322,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $107,148 |
| 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 | $4,848 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,309,098 |
| 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 $200,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BELMONT UNIVERSITY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
GEORGETOWN HERITAGE PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
INTERNATIONAL PRINT CENTER PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
LIBRARY OF CONGRESS PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
NATIONAL CATHEDRAL SCHOOL PURPOSE: GENERL OPERATING SUPPORT | $33,000 |
NEW YORK LANDMAKRS CONSERVANCY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |