Claneil Foundation Inc
- Assets
- $0.0
- Revenue
- $13.3m
- Investments
- $69.9m
- Employees
- 0
- Location
- Plymouth Meeting, PA
- Founding
- 06/1968
- Data as of
- 12/2021
- EIN
- 23-6445450
Organization Overview
Claneil Foundation Inc is located in Plymouth Meeting, PA. The organization was established in 1968. 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. Claneil 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 12/2021, Claneil Foundation Inc generated $13.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Claneil Foundation Inc has awarded 1,565 individual grants totaling $41,772,660. 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 |
|---|---|---|---|
Peter Menzies Director | 2 | $0 | |
Douglas Jordan Director/treasurer | 2 | $0 | |
Geoffrey T Freeman Director/vice Chair | 2 | $0 | |
Jennifer C Mcneil Director | 2 | $0 | |
Kaitlyn Ward Director/secretary | 2 | $0 | |
Anim Steel Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $112,749 |
| Profit on Inventory Sales | $0 |
| Other Income | $260,459 |
| Total Revenue | $13,295,639 |
| 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 | $174,978 |
| Contributions, gifts, grants paid | $2,951,920 |
| Total expenses and disbursements | $3,126,898 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,588 |
| Investments—mortgage loans | $0 |
| Investments—other | $68,253,385 |
| Other assets | $2,472,900 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $47,344 |
Grants Awarded
Over the last fiscal year, Claneil Foundation Inc has awarded $6,257,285 in support to 176 organizations.
| Grant Recipient | Amount |
|---|---|
412 FOOD RESCUE PURPOSE: GENERAL OPERATING | $15,000 |
ABOUT FRESH PURPOSE: GENERAL OPERATING | $75,000 |
ABOLITIONIST LAW CENTER PURPOSE: GENERAL OPERATING | $2,500 |
ACADEMY OF NATURAL SCIENCES OF DREXEL UNIVERSITY PURPOSE: GENERAL OPERATING | $7,500 |
ACLU OF PENNSYLVANIA PURPOSE: GENERAL OPERATING | $5,000 |
ACTIONAID USA PURPOSE: GENERAL OPERATING | $10,000 |