The Mary E Groff Charitable Trust
- Assets
- $5.5m
- Revenue
- $646.1k
- Investments
- $5.0m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 23-2725113
Organization Overview
The Mary E Groff Charitable Trust is located in Philadelphia, PA. The organization was established in 1993. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary E Groff Charitable Trust 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, Mary E Groff Charitable Trust generated $646.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $489.0k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 6 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.
Since 2015, Mary E Groff Charitable Trust has awarded 40 individual grants totaling $1,484,609. 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 |
|---|---|---|---|
Fatema E F Burkey ESQ Co-Trustee | 40 | $30,000 | |
Robert Fallah Co-Trustee | 25 | $15,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $151,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $494,421 |
| Capital Gain Net Income | $494,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $646,095 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54,675 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,804 |
| Total operating and administrative expenses | $155,681 |
| Contributions, gifts, grants paid | $333,334 |
| Total expenses and disbursements | $489,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $444,256 |
| 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 | $5,030,627 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,474,883 |
| 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 Mary E Groff Charitable Trust has awarded $333,334 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Williamstown, MA PURPOSE: NEUROSCIENCE FUND | $100,000 |
GEORGETOWN UNIVERSITY PURPOSE: STUDENT ENRICHMENT ENDOWED | $50,000 |
WASHINGTON UNIVERSITY PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
AMERICAN BRAIN FOUNDATION PURPOSE: LEWY BODY DEMENTIA FUND | $50,000 |
AMERICAN BRAIN FOUNDATION PURPOSE: CLINICAL RESEARCH TRAINING | $43,334 |
Williamstown, MA PURPOSE: SPENDABLE FUNDS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Washington Healthcare Services Inc Glen Burnie, MD | $14,143,338 | $73,433,237 |
Maryland Emergency Medicine Network Baltimore, MD | $21,964,029 | $68,662,746 |
Fair Health Inc New York, NY | $43,905,293 | $32,401,678 |
Primary Care Coalition Of Montgomery County Md Inc Silver Spring, MD | $9,442,665 | $30,675,941 |
Cicatelli Associates Inc New York, NY | $5,888,559 | $27,747,071 |
Center For Community Resources Incorporated Butler, PA | $7,781,042 | $25,238,032 |
Finger Lakes Migrant Health Care Project Inc Penn Yan, NY | $24,796,436 | $20,780,428 |
Spectrum Health Service Inc Philadelphia, PA | $21,459,031 | $22,165,615 |
Healthspan Partners Cincinnati, OH | $545,519,633 | $13,692,166 |
National Board For Certification In Occupational Therapy Inc Gaithersburg, MD | $70,301,051 | $17,288,402 |
Public Good Projects New York, NY | $3,040,032 | $8,988,626 |
Health Promotion Council Of Southeastern Pennsylvania Inc Philadelphia, PA | $4,768,529 | $8,462,838 |