Claneil Foundation Inc
- Assets
- $0.0
- Revenue
- $7.9m
- Investments
- $63.5m
- Employees
- 0
- Location
- Plymouth Meeting, PA
- Founding
- 06/1968
- Data as of
- 12/2020
- 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 12/2020, Claneil Foundation Inc generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $4.9m during the year ending 12/2020. While expenses have increased by 5.3% 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 2014, Claneil Foundation Inc has awarded 1,389 individual grants totaling $35,515,375. 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 |
|---|---|---|---|
Geoffrey T Freeman Director/vice Chair | 2 | $0 | |
Mailee Walker See Stmt 20 Executive Director | 40 | $0 | |
Peter Menzies Director | 2 | $0 | |
Katherine Jordan Director | 2 | $0 | |
R Duane Perry Director/chair | 6 | $0 | |
Reginald Shuford Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $174 |
| Dividends & Interest | $110,738 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,674,694 |
| Total Revenue | $7,875,439 |
| 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 | $1,915,115 |
| Contributions, gifts, grants paid | $2,984,902 |
| Total expenses and disbursements | $4,900,017 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,407 |
| Investments—mortgage loans | $0 |
| Investments—other | $61,817,514 |
| Other assets | $105,141 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Claneil Foundation Inc has awarded $4,370,515 in support to 143 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: GENERAL OPERATING | $180,000 |
INNER CITY GREEN TEAM PURPOSE: GENERAL OPERATING | $180,000 |
THE MARCY LAB SCHOOL PURPOSE: GENERAL OPERATING | $180,000 |
Philadelphia, PA PURPOSE: GENERAL OPERATING | $107,500 |
STREETCRED PURPOSE: GENERAL OPERATING | $80,000 |
Burlington, VT PURPOSE: GENERAL OPERATING | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |