Philanthropy International
- Assets
- $11.9m
- Revenue
- $2.0m
- Investments
- $9.5m
- Employees
- 0
- Location
- Claremont, CA
- Founding
- 03/2001
- Data as of
- 12/2022
- EIN
- 87-0643877
Organization Overview
Philanthropy International is located in Claremont, CA. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Philanthropy International 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, Philanthropy International generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 5.4% per year over the past 8 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 2014, Philanthropy International has awarded 1,402 individual grants totaling $11,000,521. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT VARIOUS ORGANIZATIONS TO FURTHER THEIR CHARITABLE PURPOSES IN ACCORDANCE WITH THE WISHES OF DONORS TO THE FOUNDATION. CHARITABLE SUPPORT WAS PROVIDED TO 130 ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janis Bride Treasurer | 2 | $0 | |
Duaine Draeger Chairman | 24 | $44,235 | |
Linda Treydte Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,400,215 |
| Interest on Savings | $321 |
| Dividends & Interest | $241,937 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $335,868 |
| Total Revenue | $1,978,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,235 |
| Other employee salaries and wages | $51,975 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,898 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $233,981 |
| Total operating and administrative expenses | $545,802 |
| Contributions, gifts, grants paid | $1,229,856 |
| Total expenses and disbursements | $1,775,658 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,566,075 |
| 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 | $807,990 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,115,737 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,852,737 |
| 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 | $1,032,389 |
| Other liabilities | $0 |
| Total liabilities | $1,032,389 |
Grants Awarded
Over the last fiscal year, Philanthropy International has awarded $1,229,856 in support to 130 organizations.
| Grant Recipient | Amount |
|---|---|
ST DOROTHY'S CATHOLIC CHURCH PURPOSE: SUPPORT OF RELIGIOUS PRACTICES AND TEACHINGS | $2,000 |
TIERRA DEL SOL FOUNDATION PURPOSE: SUPPORT RELIEF EFFORTS AND HUMANITARIAN AID. | $500 |
SALVATION ARMY PURPOSE: SUPPORT SHELTERS FOR HOMELESS | $10,000 |
ST ANNE'S CATHOLIC CHURCH PURPOSE: SUPPORT RELIGIOUS TEACHINGS AND ACTIVITIES | $500 |
DOCTORS WITHOUT BORDERS PURPOSE: SUPPORT SENDING PHYSICIANS TO CARE FOR PATIENTS IN THIRD WORLD COUNTRIES | $39,000 |
AMATEUR BASEBALL DEVELOPMENT PURPOSE: TO SUPPORT TRAINING OF YOUTH IN THE ENJOYMENT AND PARTICIPATION IN BASEBALL | $3,000 |