Subaru Of America Foundation Inc is located in Camden, NJ. The organization was established in 1985. 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. Subaru Of America 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 03/2023, Subaru Of America Foundation Inc generated $199.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.9%) each year. All expenses for the organization totaled $1.0m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Subaru Of America Foundation Inc has awarded 134 individual grants totaling $4,024,832. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeffrey A Walters President, Trustee | 0 | $0 | |
Sheila S Gallucci-Davis Secretary, Trustee | 0 | $0 | |
Kenneth C L'esperance Teasurer, Trustee | 0 | $0 | |
Tsuyoshi Egashira Trustee | 0 | $0 | |
Margaret Verdi Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $199,525 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $199,525 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,773 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $2,773 |
Contributions, gifts, grants paid | $1,022,042 |
Total expenses and disbursements | $1,024,815 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,373,735 |
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 | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $6,675 |
Total assets | $5,380,410 |
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 |
Over the last fiscal year, Subaru Of America Foundation Inc has awarded $1,022,042 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
HOPEWORKS 'N CAMDEN PURPOSE: EMPLOYMENT TRAINING | $20,000 |
IMPACT CHARITY SERVICES INC PURPOSE: EMPLOYMENT TRAINING | $20,000 |
SHOES FOR YOUR SOUL A PURPOSE: EMPLOYMENT TRAINING | $10,000 |
URBANPROMISE MINISTRIES PURPOSE: EMPLOYMENT TRAINING | $25,000 |
THE NATIONAL ENVIRONMENTAL EDUCATION PURPOSE: ENVIRONMENT | $50,000 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: MEMORIALS | $4,300 |