Drumthwacket Foundation Inc

Organization Overview

Drumthwacket Foundation Inc is located in Princeton, NJ. The organization was established in 1983. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drumthwacket 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 12/2021, Drumthwacket Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $856.7k during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INSPIRE PRIDE AND ENHANCE CIVIC AWARENESS FOR ALL NEW JERSEYANS BY RESTORING THE HISTORIC DRUMTHWACKET PROPERTY, THE OFFICIAL RESIDENCE ON NJ GOVERNORS, AND BY EDUCATIONAL ACTIVITIES THAT RECOGNIZE THE RICH DIVERSITY AND ONGOING CONTRIBUTIONS OF NEW JERSEY'S COMMUNITIES AND IT'S RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

1.FACILITY PROJECTS - EXPENSES INCURRED TO PROMOTE PUBLIC INTEREST IN DRUMTHWACKET AND TO SUPPORT ITS RESTORATION AND RENOVATIONS.2.DISCOVER DRUMTHWACKET FIELD TRIP PROGRAM - THE GOALS OF THE DISCOVER DRUMTHWACKET FIELD TRIP PROGRAM ARE TO PROMOTE AN UNDERSTANDING OF NEW JERSEY HISTORY, PRIDE IN THE HERITAGE OF NJ AND AN AWARENESS OF LEADERSHIP AND GOOD CITIZENSHIP TO VISITING SCHOOL CHILDREN. 3.VARIOUS OTHER PROGRAMS TO SUPPORT THE MISSION


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Board, Officers & Key Employees

Name (title)Compensation
Tammy Murphy
President
$0
Mitchell Livingston
Chairman
$0
Thomas J Angell
Treasurer
$0
Robyn Brenner
Executive Dir.
$0
Phyllis Lacca
Trustee
$0
Whoopi Goldberg
Trustee
$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$503,637
Noncash contributions included in lines 1a–1f $238,473
Total Revenue from Contributions, Gifts, Grants & Similar$503,637
Total Program Service Revenue$0
Investment income $131,810
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $531,094
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,166,541

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Drumthwacket Foundation Inc has recieved totaling $250,619.

Awarding OrganizationAmount
Pseg Foundation Inc

Newark, NJ

PURPOSE: ENVIRONMENTAL

$100,000
International Union Of Painters And Allied Trades

Springfield, NJ

PURPOSE: CONTRIBUTION

$38,619
The Angelson Family Foundation

New York, NY

PURPOSE: CHARITABLE

$25,000
Hackensack Meridian Health Inc

Edison, NJ

PURPOSE: SPONSORSHIP SPONSORSHIP

$25,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: EDUCATIONAL PROGRAMS & OTHER STUDENT SVC

$25,000
At&t Foundation

Dallas, TX

PURPOSE: EDUCATION

$24,000
View Grant Recipient Profile

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