Galena-Yorktown Foundation
- Assets
- $0.0
- Revenue
- $1.6m
- Investments
- $13.8m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2009
- Data as of
- 12/2020
- EIN
- 61-6356354
Organization Overview
Galena-Yorktown Foundation is located in Washington, DC. The organization was established in 2009. 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. Galena-Yorktown 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 12/2020, Galena-Yorktown Foundation generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $2.7m during the year ending 12/2020. While expenses have increased by 5.0% 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 2017, Galena-Yorktown Foundation has awarded 404 individual grants totaling $10,948,961. 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 |
|---|---|---|---|
Ronald D Abramson Trustee-Part | 2 | $0 | |
Anne E Abramson Trustee-Part | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,568 |
| Dividends & Interest | $1,001,910 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,996 |
| Total Revenue | $1,577,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $126,959 |
| Contributions, gifts, grants paid | $2,554,993 |
| Total expenses and disbursements | $2,681,952 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,924,442 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $95,859 |
Grants Awarded
Over the last fiscal year, Galena-Yorktown Foundation has awarded $2,876,529 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
Silver Spring, MD PURPOSE: UNRESTRICTED FUNDS | $990,000 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: UNRESTRICTED FUNDS | $137,500 |
DC COLLEGE ACCESS PROGRAM PURPOSE: UNRESTRICTED FUNDS | $131,834 |
THE KENNEDY CENTER PURPOSE: UNRESTRICTED FUNDS | $126,593 |
NEW YORK UNIVERSITY PURPOSE: UNRESTRICTED FUNDS | $112,500 |
North Bethesda, MD PURPOSE: UNRESTRICTED FUNDS | $91,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Reinhart Foundation Richmond, VA | $39,727,277 | $36,137,915 |
Charles T Bauer Charitable Foundation Baltimore, MD | $0 | $6,889,193 |
Oak Hill Fund Charlottesville, VA | $99,384,131 | $7,166,197 |
Marriott Daughters Foundation Bethesda, MD | $79,408,936 | $2,865,441 |