The Ghrow Foundation Inc
- Assets
- $268.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MD
- Founding
- 08/1995
- Data as of
- 06/2022
- EIN
- 52-1845944
Organization Overview
The Ghrow Foundation Inc is located in Columbia, MD. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ghrow 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 06/2022, Ghrow Foundation Inc generated $44.8k 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 (6.4%) each year. All expenses for the organization totaled $53.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDED EDUCATION SCHOLARSHIPS TO STUDENTS MEETING CERTAIN ACADEMIC, LEADERSHIP, AND ECONOMIC NEED CRITERIA. BENEFITTED 34 STUDENTS DURING THE FISCAL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Williams President | 5 | $0 | |
David Reile Vice President | 2 | $0 | |
Lauron Henkel Secretary | 2 | $0 | |
Mark Griffin Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,419 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,380 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,799 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $132 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,451 |
| Other expenses | $4,586 |
| Total expenses | $53,779 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,512 |
| Other assets | $0 |
| Total assets | $268,512 |
| Total liabilities | $64,470 |
| Net assets or fund balances | $204,042 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Ghrow Foundation Inc has recieved totaling $16,323.
| Awarding Organization | Amount |
|---|---|
Rs Foundation Ooltewah, TN PURPOSE: CREATE AN AWARENESS OF THE NEEDS OF EDUCATION | $16,323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |