The William And Diane Nitterhouse Foundation
- Assets
- $0.0
- Revenue
- $26.6k
- Investments
- $566.4k
- Employees
- 0
- Location
- Chambersburg, PA
- Founding
- 04/1988
- Data as of
- 06/2022
- EIN
- 23-2493715
Organization Overview
The William And Diane Nitterhouse Foundation is located in Chambersburg, 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. William And Diane Nitterhouse 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 06/2022, William And Diane Nitterhouse Foundation generated $26.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $8.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (78.9%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, William And Diane Nitterhouse Foundation has awarded 38 individual grants totaling $928,857. 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 |
|---|---|---|---|
William K Nitterhouse Trustee | 1 | $0 | |
Diane R Nitterhouse Trustee | 0.5 | $0 | |
Karen N Diller Trustee | 0.5 | $0 | |
Laura E Martin Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $36,084 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,625 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $7,695 |
| Contributions, gifts, grants paid | $1,100 |
| Total expenses and disbursements | $8,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,697 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The William And Diane Nitterhouse Foundation has awarded $1,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MONARCHS WAY PURPOSE: GENERAL FUND | $1,000 |
SAINT PAUL UNITED METHODIST CHURCH PURPOSE: GENERAL FUND | $100 |