Frank Strick Foundation Inc
- Assets
- $967.4k
- Revenue
- $99.3k
- Investments
- $942.4k
- Employees
- 0
- Location
- Jenkintown, PA
- Founding
- 09/1988
- Data as of
- 12/2023
- EIN
- 23-2484958
Organization Overview
Frank Strick Foundation Inc is located in Jenkintown, PA. The organization was established in 1988. 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. Frank Strick 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, Frank Strick Foundation Inc generated $99.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $179.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frank Strick Foundation Inc has awarded 177 individual grants totaling $969,500. 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 |
|---|---|---|---|
Maida Gordon Chairman | 0 | $0 | |
C Bradford Sheppard Jr Sec/treas | 0 | $0 | |
Joseph Strick Trustee | 0 | $0 | |
Jacob Strick Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $378 |
| Dividends & Interest | $98,959 |
| 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 | $99,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $729 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,001 |
| Total operating and administrative expenses | $47,625 |
| Contributions, gifts, grants paid | $132,000 |
| Total expenses and disbursements | $179,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$47,869 |
| Savings and temporary cash investments | $72,920 |
| 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 | $967,432 |
| 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 | $1,747 |
| Total liabilities | $1,747 |
Grants Awarded
Over the last fiscal year, Frank Strick Foundation Inc has awarded $132,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CROW COLLEGE OF ASIAN ART PURPOSE: UNRESTRICTED | $500 |
DALLAS ARCHITECTURE FORUM PURPOSE: UNRESTRICTED | $500 |
DALLAS MUSEUM OF ART PURPOSE: UNRESTRICTED | $5,000 |
HARVARD SCHOOL OF PUBLIC HEALTH PURPOSE: UNRESTRICTED | $30,000 |
MULTIPLE MYELOMA RESEARCH FOUNDATIO PURPOSE: UNRESTRICTED | $10,000 |
UM SYLVESTER COMPREHENSIVE CANCER PURPOSE: UNRESTRICTED | $5,000 |