Preservation Fund
- Assets
- $0.0
- Revenue
- $303.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1993
- Data as of
- 12/2021
- EIN
- 13-3690790
Organization Overview
Preservation Fund is located in Wilmington, DE. The organization was established in 1993. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation Fund 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 12/2021, Preservation Fund generated $303.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.7% each year . All expenses for the organization totaled $272.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Haydel Dir | 1 | $0 | |
Arpad Krizsan Dir | 1 | $0 | |
Marcus Charles Moore Dir | 1 | $0 | |
Ponchitta Pierce Dir, Pres | 40 | $150,000 | |
David H Slavit Dir, Treas, Exec VP | 1 | $0 | |
Billy Stewart Dir | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $87 |
| Dividends & Interest | $39,813 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,816 |
| Total Revenue | $303,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Pension plans, employee benefits | $11,774 |
| Depreciation | $4,819 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $948 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $267,970 |
| Contributions, gifts, grants paid | $4,200 |
| Total expenses and disbursements | $272,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $231,746 |
| Other assets | $30,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Preservation Fund has awarded $22,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK PURPOSE: TO PROVIDE CURRENT-USE FINANCIAL AID SUPPORT TO STUDENTS ENROLLED AT THE SCHOOL OF INTERNATIONAL & PUBLIC AFFAIRS (SIPA) | $10,000 |
CORAZON PURO PURPOSE: R.E.A.L FORMATION PROJECT | $10,000 |
MILLENIA MUSIC INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
SOUTHERN CENTER FOR HUMAN RIGHTS PURPOSE: GENERAL & UNRESTRICTED | $1,000 |