Foundation for Systemic Change
- Assets
- $1.2m
- Revenue
- $369.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- Data as of
- 12/2022
- EIN
- 86-2725801
Organization Overview
Foundation for Systemic Change is located in Wilmington, DE.
For the year ending 12/2022, Foundation for Systemic Change generated $369.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (40.2%) each year. All expenses for the organization totaled $195.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Foundation for Systemic Change has awarded 19 individual grants totaling $209,500. 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 |
|---|---|---|---|
Isabella Florence Heffernan Dir | 1 | $0 | |
John W Heffernan Dir, Sec, Treas, Co- Pres | 1 | $0 | |
Olivia Margaret Heffernan Dir | 1 | $0 | |
Sofia Grace Heffernan Dir | 1 | $0 | |
Margaret L Palm Co- Pres, Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $351,800 |
| Interest on Savings | $641 |
| Dividends & Interest | $12,943 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,267 |
| Capital Gain Net Income | $346,067 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $369,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $952 |
| Printing and publications | $0 |
| Other expenses | $10,936 |
| Total operating and administrative expenses | $20,113 |
| Contributions, gifts, grants paid | $175,000 |
| Total expenses and disbursements | $195,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $71,176 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,150,466 |
| 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, Foundation for Systemic Change has awarded $175,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
EDUCATORS INSTITUTE FOR HUMAN RIGHTS PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
New York, NY PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
Washington, DC PURPOSE: GENERAL & UNRESTRICTED | $12,500 |
EDUCATORS INSTITUTE FOR HUMAN RIGHTS PURPOSE: CONGO: WOMEN EQUITY AND JUSTICE PROJECT | $10,500 |
EDUCATORS INSTITUTE FOR HUMAN RIGHTS PURPOSE: AVIARD INSPIRES PROGRAM | $10,500 |
Raleigh, NC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Berks County School Districts Health Tr Reading, PA | $37,307,686 | $92,475,879 |
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Central European University New York, NY | $577,160,061 | $72,058,098 |
International Union Of Operating Engineers Welfare Fund Long Island City, NY | $98,450,225 | $98,628,304 |
New Jersey Property Liability Basking Ridge, NJ | $270,074,908 | $113,404,286 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
American Society For Testing And Materials West Conshohocken, PA | $507,262,217 | $135,712,233 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |