Paul D Schurgot Foundation Inc
- Assets
- $6.7m
- Revenue
- $147.4k
- Investments
- $6.5m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/1972
- Data as of
- 12/2022
- EIN
- 23-7137799
Organization Overview
Paul D Schurgot Foundation Inc is located in Wilmington, DE. The organization was established in 1972. 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. Paul D Schurgot 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 12/2022, Paul D Schurgot Foundation Inc generated $147.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $414.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Paul D Schurgot Foundation Inc has awarded 201 individual grants totaling $3,562,285. 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 |
|---|---|---|---|
Patricia B Whitehill President And Treasurer | 0 | $0 | |
Judith A Butler Secretary | 0 | $0 | |
A Hays Butler Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $141,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,374 |
| Capital Gain Net Income | $5,374 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $147,366 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $732 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $284 |
| Total operating and administrative expenses | $15,592 |
| Contributions, gifts, grants paid | $399,210 |
| Total expenses and disbursements | $414,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,575 |
| Savings and temporary cash investments | $152,031 |
| 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 | $3,836,478 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,708,680 |
| 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 |
Grants Awarded
Over the last fiscal year, Paul D Schurgot Foundation Inc has awarded $399,210 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF ARIZONA PURPOSE: GENERAL SUPPORT | $15,000 |
AMERICAN ASSOCIATION FOR THE INTERNATIONAL COMMISSION OF JURISTS AAICJ PURPOSE: GENERAL SUPPORT | $35,000 |
ACLU FOUNDATION OF PA PURPOSE: GENERAL SUPPORT | $10,000 |
AMERICAN PROMISE EDUCATION FUND PURPOSE: GENERAL SUPPORT | $5,000 |
JEWISH FEDERATION OF GREATER PITTSBURGSHORE-WHITEHILL FUND PURPOSE: SHORE WHITEHILL ENDOWMENT FUND | $5,000 |
MAGEE RESEARCH INSTITUTE (MAGEE WOMAN'S HOSPITAL) PURPOSE: GENERAL SUPPORTGENERAL SUPPORT | $10,000 |