The Ptarmigan Foundation Inc
- Assets
- $3.4m
- Revenue
- $521.6k
- Investments
- $2.1m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2007
- Data as of
- 12/2023
- EIN
- 20-8152230
Organization Overview
The Ptarmigan Foundation Inc is located in Washington, DC. The organization was established in 2007. 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. Ptarmigan 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 12/2023, Ptarmigan Foundation Inc generated $521.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $158.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ptarmigan Foundation Inc has awarded 58 individual grants totaling $1,504,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO VARIOUS PHILANTHROPIC ORGANIZATIONS. TOTAL OF TEN ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret P Hanson Director | 2 | $0 | |
Cristy West Director | 2 | $0 | |
Frederic Kellogg Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $222,770 |
| Interest on Savings | $0 |
| Dividends & Interest | $126,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $172,755 |
| Capital Gain Net Income | $172,755 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $521,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,410 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,151 |
| Contributions, gifts, grants paid | $151,400 |
| Total expenses and disbursements | $158,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,240,814 |
| Savings and temporary cash investments | $0 |
| 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 | $2,213 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,186 |
| Total assets | $3,397,606 |
| 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, The Ptarmigan Foundation Inc has awarded $151,400 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COUNCIL OF TRUSTEES AND ALUMNI PURPOSE: PHILANTHROPIC PURPOSES | $10,000 |
MOUNT VERNON CO MOUNT VERNON LADIES ASSOCIATION PURPOSE: PHILANTHROPIC PURPOSES | $25,000 |
THE PARISH OF ST MARY AND ST JUDE PURPOSE: PHILANTHROPIC PURPOSES | $2,400 |
STANFORD UNIVERSITY HOOVER INSTITUTION PURPOSE: PHILANTHRIPIC PURPOSES | $50,000 |
THE HILL MUSEUM AND MANUSCRIPT LIBRARY PURPOSE: PHILANTHROPIC PURPOSES | $10,000 |
THE GENERAL HENRY KNOX MUSEUM PURPOSE: PHILANTHROPIC PURPOSES | $5,000 |