Fenwick Foundation
- Assets
- $6.6m
- Revenue
- $590.4k
- Investments
- $5.9m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 07/2019
- Data as of
- 04/2023
- EIN
- 56-2150323
Organization Overview
Fenwick Foundation is located in Pennington, NJ. The organization was established in 2019. 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. Fenwick 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 04/2023, Fenwick Foundation generated $590.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $990.2k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Fenwick Foundation has awarded 293 individual grants totaling $2,418,182. 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 |
|---|---|---|---|
Frank Phoenix President | 12 | $15,000 | |
James E Phoenix Secretary | 2 | $15,000 | |
J Stuart Phoenix Treasurer | 2 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $261,167 |
| Interest on Savings | $0 |
| Dividends & Interest | $141,115 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,088 |
| Capital Gain Net Income | $188,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $590,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $213,754 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,650 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,231 |
| Total operating and administrative expenses | $369,878 |
| Contributions, gifts, grants paid | $620,275 |
| Total expenses and disbursements | $990,153 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $473 |
| Savings and temporary cash investments | $700,700 |
| 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 | $2,657,371 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,575,935 |
| 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, Fenwick Foundation has awarded $620,275 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
WHITE MEMORIAL PRESBYTERIAN PURPOSE: UNRESTRICTED GENERAL | $5,000 |
ACKLAND ART MUSEUM PURPOSE: UNRESTRICTED GENERAL | $2,000 |
EXCELLENCE NORTHWEST PURPOSE: UNRESTRICTED GENERAL | $25,000 |
AMERICARES PURPOSE: UNRESTRICTED GENERAL | $7,500 |
PLANNED PARENTHOOD OF AMERICA PURPOSE: UNRESTRICTED GENERAL | $2,000 |
HYGEIA FOUNDATION PURPOSE: UNRESTRICTED GENERAL | $10,000 |