Symmco Foundation is located in Indiana, PA. The organization was established in 0000. 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. Symmco 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, Symmco Foundation generated $216.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $72.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Symmco Foundation has awarded 144 individual grants totaling $713,769. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John W Bean Trustee | 5 | $0 | |
James Curtis Trustee | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,232 |
| Dividends & Interest | $41,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $158,767 |
| Capital Gain Net Income | $158,767 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $750 |
| Total Revenue | $216,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,776 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $640 |
| Total operating and administrative expenses | $35,329 |
| Contributions, gifts, grants paid | $37,500 |
| Total expenses and disbursements | $72,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $93,680 |
| Net Accounts receivable | $11,484 |
| 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 | $1,560 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $196,794 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,439,554 |
| Accounts payable and accrued expenses | $2,326 |
| 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 | $2,326 |
Over the last fiscal year, Symmco Foundation has awarded $37,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
SYKESVILLE PUBLIC LIBRARY PURPOSE: DONATION | $24,000 |
FOUNDATION FOR IUP PURPOSE: DONATION | $10,000 |
ST JUDE CHILDREN RESEARCH HOSPITAL PURPOSE: DONATION | $500 |
SYKESVILLE AMERICAN LEGION PURPOSE: DONATION | $1,000 |
BIRDIES HAVEN FREE CLINIC PURPOSE: DONATION | $1,000 |
ST LEO'S SCHOOL PURPOSE: DONATION | $1,000 |