Van Der Stricht Foundation
- Assets
- $6.4m
- Revenue
- $716.2k
- Investments
- $4.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 20-2717846
Organization Overview
Van Der Stricht Foundation is located in Wilmington, DE. The organization was established in 2005. 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. Van Der Stricht Foundation 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, Van Der Stricht Foundation generated $716.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $420.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Van Der Stricht Foundation has awarded 79 individual grants totaling $2,242,196. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fiduciary Trust Intl - Delaware Trustee | 4 | $59,931 | |
John P Van Der Stricht Trustee | 1 | $0 | |
Susan R Van Der Stricht Trustee | 2 | $20,877 | |
Casey Van Der Stricht Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $164,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $284,734 |
| Capital Gain Net Income | $284,734 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $266,994 |
| Total Revenue | $716,203 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,808 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,708 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $87,088 |
| Contributions, gifts, grants paid | $333,074 |
| Total expenses and disbursements | $420,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,300 |
| Savings and temporary cash investments | $1,432,500 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,425,005 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Van Der Stricht Foundation has awarded $333,074 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE NEW ENGLAND FORESTRY FOUNDATION PURPOSE: ORGANIZATION'S EXEMPT | $20,276 |
THE BOSTON FOUNDATION PURPOSE: THE GENTLE GIANT FUND | $15,219 |
TRUSTEES OF TRINITY COLLEGE PURPOSE: IN MEMORY OF ROBERT VAN DER | $20,266 |
THE HOTCHKISS SCHOOL PURPOSE: FACULTY DEVELOPMENT FUND | $10,280 |
INDIAN RIVER COMMUNITY FOUNDATION PURPOSE: GENERAL SUPPORT | $20,169 |
FINGER LAKES LAND TRUST PURPOSE: ORGANIZATION'S GENERAL | $48,993 |