The William E C And Mary Dearden Foundation is located in Hershey, PA. The organization was established in 1988. 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. William E C And Mary Dearden 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, William E C And Mary Dearden Foundation generated $27.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $20.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William E C And Mary Dearden Foundation has awarded 110 individual grants totaling $132,500. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Dearden President | 1 | $0 | |
Bryn Mawr Trust Co Trustee | 4 | $881 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $42 |
| Dividends & Interest | $3,616 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,352 |
| Capital Gain Net Income | $23,352 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,010 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $881 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $495 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $2,606 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $20,106 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,959 |
| 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 | $47,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $61,077 |
| 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, The William E C And Mary Dearden Foundation has awarded $17,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL CHARITABLE USE | $1,000 |
LANCASTER BIBLE COLLEGE PURPOSE: GENERAL CHARITABLE USE | $1,000 |
ALBRIGHT COLLEGE PURPOSE: GENERAL CHARITABLE USE | $1,000 |
AMERICAN PARKINSON DISEASE ASSOCIATION PURPOSE: GENERAL CHARITABLE USE | $1,000 |
BLANTON-PEALE INSTITUTE PURPOSE: GENERAL CHARITABLE USE | $1,500 |
GIRL SCOUTS IN THE HEART OF PA PURPOSE: GENERAL CHARITABLE USE | $1,000 |