Anthony P Falcone Trust Uw is located in Hershey, PA. The organization was established in 1986. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Anthony P Falcone Trust Uw 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 08/2023, Anthony P Falcone Trust Uw generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $1.1m during the year ending 08/2023. While expenses have increased by 3.0% per year over the past 5 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 2016, Anthony P Falcone Trust Uw has awarded 85 individual grants totaling $4,074,060. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,147 |
| Dividends & Interest | $320,531 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,705,854 |
| Capital Gain Net Income | $1,705,854 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,038,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,973 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,117 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $767 |
| Total operating and administrative expenses | $149,057 |
| Contributions, gifts, grants paid | $915,134 |
| Total expenses and disbursements | $1,064,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $263,897 |
| 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 | $18,383,687 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,647,584 |
| 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 |
Over the last fiscal year, Anthony P Falcone Trust Uw has awarded $915,134 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHDIOCESE OF PHILADELPHIA PURPOSE: GENERAL USE | $65,344 |
BACHARACH INSTITUTION FOR REHABILITATION PURPOSE: GENERAL USE | $38,157 |
CHILDRENS HOSPITAL OF PHILADELPHIA PURPOSE: GENERAL USE | $38,157 |
DREXEL UNIVERSITY PURPOSE: GENERAL USE | $38,157 |
MERCY CATHOLIC MEDICAL CENTER PURPOSE: GENERAL USE | $57,196 |
OUR MOTHER OF GOOD COUNSEL PURPOSE: GENERAL USE | $65,344 |