Gustavus & Louise Pfeiffer is located in Wilmington, DE. The organization was established in 1952. 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. Gustavus & Louise Pfeiffer 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, Gustavus & Louise Pfeiffer generated $1.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $596.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Gustavus & Louise Pfeiffer has awarded 49 individual grants totaling $15,772,020. 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
75TH ANNIVERSARY CONVENING DREW TOGETHER GRANTEES, FUNDING PARTNERS AND FOUNDATION MEMBERS TO DISCUSS RESEARCH RESULTS, CURRENT IMPACT, AND OPPORTUNITIES FOR COLLABORATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Herold Alvarez Dir | 1 | $5,900 | |
Lise P Chapman Dir, Pres | 1 | $6,300 | |
Patricia R Herold Dir/sec*/treas*/as Sec/as Trea | 1 | $5,900 | |
H Robert Herold II Dir, Honorary Chair | 1 | $5,900 | |
Matthew Mayro Keeney Dir, VP | 1 | $6,300 | |
Sarah Sp Mccarthy Dir/as Sec*/as Trea*/sec/treas | 1 | $6,300 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $930 |
| Dividends & Interest | $327,058 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $862,480 |
| Capital Gain Net Income | $862,480 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,000 |
| Total Revenue | $1,247,468 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,483 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,817 |
| Printing and publications | $0 |
| Other expenses | $72,622 |
| Total operating and administrative expenses | $146,515 |
| Contributions, gifts, grants paid | $450,250 |
| Total expenses and disbursements | $596,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,437 |
| 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 | $113 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,514,522 |
| Accounts payable and accrued expenses | $76,389 |
| Grants payable | $900,000 |
| 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 | $976,389 |
Over the last fiscal year, Gustavus & Louise Pfeiffer has awarded $750,250 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOWDOIN COLLEGE PURPOSE: ROBERT H. PFEIFFER '67 "PFEIF" FUND | $100,000 |
LITTLE KIDS ROCK INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
NEW JERSEY INSTITUTE OF TECHNOLOGY FOUNDATION PURPOSE: PFEIFFER FOUNDATION ENDOWED SCHOLARSHIP FUND FOR FIRST GEN/LOW INCOME STUDENTS IN BIO-ENGINEERING OR BIO-MEDICAL ENGINEERING | $50,000 |
PFEIFFER UNIVERSITY PURPOSE: MILTON C. ROSE RESEARCH SCHOLARS PROGRAM | $150,000 |
STANFORD UNIVERSITY - FINANCIAL AID OFFICE PURPOSE: THE MEDICAL SCHOLARS RESEARCH PROGRAM (PFEIFFER FELLOWS) AND PFEIFFER DISTINGUISHED VISITING PROFESSOR SERIES | $150,000 |
UNIVERSITY OF CONNECTICUT FOUNDATION INCORPORATED PURPOSE: PFEIFFER FOUNDATION ENDOWED SCHOLARSHIP FUND FOR FIRST GEN/LOW INCOME STUDENTS IN BIO-ENGINEERING OR BIO-MEDICAL ENGINEERING | $50,000 |