Genuardi Family Foundation
- Assets
- $20.7m
- Revenue
- $1.2m
- Investments
- $18.7m
- Employees
- 0
- Location
- Blue Bell, PA
- Founding
- 08/2000
- Data as of
- 12/2022
- EIN
- 23-3041300
Organization Overview
Genuardi Family Foundation is located in Blue Bell, PA. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Genuardi Family 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 12/2022, Genuardi Family Foundation generated $1.2m 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 (7.2%) each year. All expenses for the organization totaled $3.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Genuardi Family Foundation has awarded 314 individual grants totaling $9,032,000. 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 |
|---|---|---|---|
Charles A Genuardi Director | 0 | $0 | |
James V Genuardi Director | 0 | $0 | |
Michael A Genuardi Director | 0 | $0 | |
Dominic S Genuardi Jr Treasurer | 0 | $0 | |
Laurence P Genuardi Vice President | 0 | $0 | |
Anthony D Genuardi Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $720 |
| Dividends & Interest | $521,635 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $630,009 |
| Capital Gain Net Income | $613,447 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,152,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $42,804 |
| Depreciation | $3,268 |
| Occupancy | $33,773 |
| Travel, conferences, and meetings | $228 |
| Printing and publications | $0 |
| Other expenses | $79,642 |
| Total operating and administrative expenses | $526,546 |
| Contributions, gifts, grants paid | $3,270,000 |
| Total expenses and disbursements | $3,796,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,393 |
| Savings and temporary cash investments | $2,002,499 |
| 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 | $2,460 |
| Total assets | $20,725,656 |
| 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, Genuardi Family Foundation has awarded $3,270,000 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
MEALS ON WHEELS OF CHESTER COUNTY PURPOSE: OPERATIONAL SUPPORT | $10,000 |
MISSION KIDS CHILD ADVOCACY CENTER OF MONTGOMERY COUNTY PURPOSE: OPERATIONAL SUPPORT | $5,000 |
MICHAEL J FOX FOUNDATION PURPOSE: OPERATIONAL SUPPORT | $16,500 |
MONTCO ANTI-HUNGER NETWORK PURPOSE: OPERATIONAL SUPPORT | $15,000 |
MONTGOMERY CHILD ADVOCACY PROJECT PURPOSE: OPERATIONAL SUPPORT | $5,000 |
MONTGOMERY COUNTY FOUNDATION INC PURPOSE: OPERATIONAL SUPPORT | $25,000 |