G R And Grace M Sponaugle Charitable Foundation is located in Harrisburg, PA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. G R And Grace M Sponaugle Charitable 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, G R And Grace M Sponaugle Charitable Foundation generated $49.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $40.7k during the year ending 12/2022. While expenses have increased by 7.7% per year over the past 7 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, G R And Grace M Sponaugle Charitable Foundation has awarded 98 individual grants totaling $344,962. 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 |
|---|---|---|---|
Glen R Sponaugle President | 0.25 | $0 | |
Michael Desanto Vice President | 0.25 | $0 | |
Griffin Sponaugle Treasurer | 0.25 | $0 | |
Cydney Sponaugle Secretary | 0.5 | $0 | |
William Sponaugle Chairman | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $49,500 |
| Interest on Savings | $16 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,450 |
| Contributions, gifts, grants paid | $39,200 |
| Total expenses and disbursements | $40,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,370 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,370 |
| 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, G R And Grace M Sponaugle Charitable Foundation has awarded $39,200 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BEN AND TIM DAY INC PURPOSE: GENERAL SUPPORT | $11,200 |
CENTRAL PENN COLLEGE PURPOSE: SCHOLARSHIP | $1,250 |
HARRISBURG AREA COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $1,250 |
PENN STATE UNIVERSITY DEVELOPMENT PURPOSE: RESEARCH AT PS HERSHEY CANCER INSTITUTE & PEDIATRIC RESEARCH DISCOVERY & EDUCATION FUND | $10,000 |
THOMAS JEFFERSON UNIVERSITY PURPOSE: SCHOLARSHIP | $1,250 |
PENN STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,250 |