Qlarant Foundation Inc

Organization Overview

Qlarant Foundation Inc is located in Easton, MD. The organization was established in 2004. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Qlarant Foundation Inc 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 06/2022, Qlarant Foundation Inc generated $652.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $556.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Qlarant Foundation Inc has awarded 167 individual grants totaling $3,862,500. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE QLARANT FOUNDATION SUPPORTS ACTIVITIES THAT PROMOTE COMMUNITY HEALTH. SEE SCHEDULE O. THE QLARANT FOUNDATION ALSO SUPPORTS ACTIVITES THAT ENHANCE THE QUALITY OF LIFE OF INDIVIDUALS WHO ARE IN DEFINED COMMUNITIES OR MEMBERS OF VULNERABLE POPULATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE QLARANT FOUNDATION, INC. MADE GRANTS TO VARIOUS HEALTHCARE ORGANIZATIONS WHICH SUPPORTED INNOVATIONS IN IMPROVING HEALTHCARE AND QUALITY OF LIFE FOR THE DEFINED COMMUNITIES AND THE GENERAL PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Dominic A Szwaja
Chair (beg 1/21)
$5,000
Brenda L Crabbs
Secretary
$3,000
Mary B Burgoyne MD
Director
$3,000
Lamont Thompson
Director
$3,000
Michael Fisher
Director
$3,000
Ronald Forsythe
Ceo-Qlarant
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $651,374
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $652,123

Grants Awarded

Over the last fiscal year, Qlarant Foundation Inc has awarded $405,500 in support to 20 organizations.

Grant RecipientAmount

Columbia, MD

PURPOSE: GENERAL SUPPORT

$32,000

HABITAT FOR HUMANITY CHOPTANK INC

Org PageRecipient Profile

Easton, MD

PURPOSE: GENERAL SUPPORT

$30,000

UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION

Org PageRecipient Profile

Baltimore, MD

PURPOSE: GENERAL SUPPORT

$25,000

BRIGHT BEGINNINGS INC

Org PageRecipient Profile

Washington, DC

PURPOSE: GENERAL SUPPORT

$25,000

REACH OUT AND READ INC

Org PageRecipient Profile

Boston, MA

PURPOSE: GENERAL SUPPORT

$25,000

WORCHESTER COUNTY WARRIORS AGAINST OPIATE ADDICTION INC

Org PageRecipient Profile

Berlin, MD

PURPOSE: GENERAL SUPPORT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Qlarant Foundation Inc has recieved totaling $1,000,000.

Awarding OrganizationAmount
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$500,000
Organization Name not Listed

PURPOSE: GENERAL SUPPORT

|

$500,000
View Grant Recipient Profile

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