North American Railway Foundation

Organization Overview

North American Railway Foundation is located in Mechanicsburg, PA. The organization was established in 1997. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North American Railway 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 09/2024, North American Railway Foundation generated $905.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $1.6m during the year ending 09/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDED RAILROAD LABORERS AND THEIR SUPPORTING ORG'S WITH SPECIALIZED TRAINING AND EQUIPMENT IN ORDER TO PROMOTE RAIL TECHNOLOGY, SAFETY, EDUCATION AND HISTORY WITHIN THEIR FIELD.


THE FOUNDATION UNDERTOOK A PROJECT WITH THE RAILROADERS HERITAGE CORP TO ESTABLISH THE LUTHER G SMITH MEMORIAL YARD ON THE GROUNDS OF THE RAILROADER'S MEMORIAL MUSEUM.


THE FOUNDATION ASSISTED THE RAILROADERS HERITAGE CORP WITH NEEDED REPAIRS AND MAINTENANCE TO THE FUNICULAR AT THE HORSESHOE CURVE NATIONAL HISTORIC LANDMARK.


THE FOUNDATION PROVIDED SPECIALIZED EQUIPMENT TO THE HISTORIC PULLMAN FOUNDATION TO ENHANCE THEIR DAILY OPERATIONS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,121,963
Net Rental Income$0
Net Gain on Sale of Assets -$216,624
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $905,339

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