Ethel D Colket Foundation
- Assets
- $0.0
- Revenue
- $256.1k
- Investments
- $3.0m
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 08/1964
- Data as of
- 08/2020
- EIN
- 23-6292917
Organization Overview
Ethel D Colket Foundation is located in Newtown Square, PA. The organization was established in 1964. 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. Ethel D Colket 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 08/2020, Ethel D Colket Foundation generated $256.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (32.3%) each year. All expenses for the organization totaled $84.2k during the year ending 08/2020. As we would expect to see with falling revenues, expenses have declined by (41.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ethel D Colket Foundation has awarded 691 individual grants totaling $5,692,857. 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 |
|---|---|---|---|
Pnc Bank Na Co-Trustee | 3 | $16,352 | |
Ruth M Colket Co-Trustee | 1 | $0 | |
Carolyn C Cullen Co-Trustee | 1 | $0 | |
Tristram C Colket III Co-Trustee | 1 | $0 | |
Bryan D Colket Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $98,118 |
| Profit on Inventory Sales | $0 |
| Other Income | $44,209 |
| Total Revenue | $256,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,913 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $69,233 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $84,233 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,836 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,162,460 |
| Other assets | $714,052 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ethel D Colket Foundation has awarded $659,498 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
BANNER LAKE CLUB PURPOSE: GENERAL OPERATING | $500 |
BAR HARBOR FIRE DEPARTMENT PURPOSE: GENERAL OPERATING | $17,495 |
BAR HARBOR FOOD PANTRY PURPOSE: GENERAL OPERATING | $1,500 |
1000 FRIENDS OF FLORIDA PURPOSE: 2020 MARTIN COUNTY SPRING APPEAL | $2,000 |
BAR HARBOR POLICE DEPARTMENT PURPOSE: GENERAL OPERATING | $5,000 |
ACADIAN YOUTH SPORTS PURPOSE: GENERAL OPERATING | $5,000 |