The White Horse Group Foundation Inc
- Assets
- $0.0
- Revenue
- $917.8k
- Investments
- $15.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2005
- Data as of
- 12/2020
- EIN
- 20-0674318
Organization Overview
The White Horse Group Foundation Inc is located in Wilmington, DE. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. White Horse Group 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 12/2020, White Horse Group Foundation Inc generated $917.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (35.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, White Horse Group Foundation Inc has awarded 36 individual grants totaling $1,260,607. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAIL PROJECT: TO IMPROVE THE QUALITY OF LIFE FOR RESIDENTS BY BUILDING UPON EXISTING TRAIL NETWORKS AND EXTENDING NETWORKS TO CREATE A CONTINUOUS TRAIL LOOP IN KENNETT AREA
SCCON: TO ALLEVIATE POVERTY USING THE BRIDGES OUT OF POVERTY MODEL AND TO GATHER COMMUNITY MEMBERS AND LEADERS TOGETHER TO IDENTIFY AND ADDRESS KEY POVERTY ISSUES IN THE COMMUNITY
SUSTAINABLE COMMUNITY DEVELOPMENT: TO CREATE DIALOGUE IN KENNETT SQ AREA TO PROMOTE SOCIAL WELFARE, COMBAT COMMUNITY DETERIORATION & PROMOTE THRIVING FOR ALL KENNETT SQ RESIDNTS
BIRCH ST STREETSCAPE/MAGNOLIA UNDERPASS: TO DEVELOP KEY ASPECTS OF KENNETT GREENWAY WITH A FOCUS ON THE BIRCH ST STREETSCAPE & AN UNDERPASS CONNECTING KENNETT BORO TO A PARK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Bontrager VP | 1 | $0 | |
J Michael Bontrager Pres, Dir, Sec | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Square Roots Holding Llc | 12/30/21 | $640,076 |
Penn Praxis | 12/30/21 | $50,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $328,156 |
| Interest on Savings | $641 |
| Dividends & Interest | $136,220 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,267 |
| Total Revenue | $917,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $65,605 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,979 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,350,535 |
| Contributions, gifts, grants paid | $185,917 |
| Total expenses and disbursements | $1,536,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,615 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,994,220 |
| Other assets | $435,090 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $17,062 |
Grants Awarded
Over the last fiscal year, The White Horse Group Foundation Inc has awarded $8,231 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Kennett Square, PA PURPOSE: KENNETT LEARNING POD | $5,000 |
Richmond, VA PURPOSE: ST. VINCENT VOLCANO RELIEF | $2,500 |
Kennett Square, PA PURPOSE: GENERAL & UNRESTRICTED | $731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The White Horse Group Foundation Inc has recieved totaling $24,350.
| Awarding Organization | Amount |
|---|---|
Christian Community Foundation Of Memphis And The Mid-South Inc Memphis, TN PURPOSE: PROGRAM SUPPORT | $24,350 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Morgridge Family Foundation Wilmington, DE | $205,419,134 | $22,580,458 |
GDS Legacy Foundation Inc Wilmington, DE | $0 | $575,846 |
De Beaumont Foundation Inc Bethesda, MD | $183,698,152 | $47,357,470 |
Foundation For The Greatest Good Fulton, MD | $11,551,864 | $19,462,876 |
Young Mens Christian Association Of The Chesapeake Inc Easton, MD | $84,208,847 | $28,289,184 |
Living Legacy Foundation Wilmington, DE | $129,501,628 | $9,577,224 |
The Healey International Relief Foundation Inc Lumberton, NJ | $326,937 | $11,415,022 |
Zachary Smith Reynolds Trust Pittsburgh, PA | $187,892,547 | $20,789,622 |