Philip And Barbara Long Family Foundation Inc
- Assets
- $1.8m
- Revenue
- $164.9k
- Investments
- $1.8m
- Employees
- 0
- Location
- Salisbury, MD
- Founding
- 03/2009
- Data as of
- 06/2021
- EIN
- 26-3713283
Organization Overview
Philip And Barbara Long Family Foundation Inc is located in Salisbury, MD. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public 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. Philip And Barbara Long Family 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 06/2021, Philip And Barbara Long Family Foundation Inc generated $164.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $115.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Philip And Barbara Long Family Foundation Inc has awarded 117 individual grants totaling $547,443. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ST FRANCIS DE SALES
WORWIC COMMUNITY COLLEGE
CATHOLIC DIOCESE OF WILMINGTON
HORIZONS SCHOOL FOR ECONOMICALLY DISADVANTAGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia L Gardner Director | 1 | $0 | |
Angela Mclaughlin Director | 1 | $0 | |
Ryan Mclaughlin Director | 0 | $0 | |
C Galen Gardner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,735 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $127,127 |
| Capital Gain Net Income | $17,426 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $164,862 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,112 |
| Total operating and administrative expenses | $19,116 |
| Contributions, gifts, grants paid | $96,250 |
| Total expenses and disbursements | $115,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,150 |
| Savings and temporary cash investments | $0 |
| 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 | $1,835,616 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,843,766 |
| 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, Philip And Barbara Long Family Foundation Inc has awarded $96,250 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
EPOCH DREAM CENTER PURPOSE: EDUCATION | $40,000 |
ST FRANCIS DE SALES CHURCHSCHOOL PURPOSE: NON PROFIT RELIGIOUS | $10,000 |
WORCESTER PREP ANNUAL FUND PURPOSE: EDUCATION | $7,500 |
HORIZONS SALISBURY PURPOSE: EDUCATION | $6,500 |
AMERICAN CANCER SOC RELAY FOR LIFE PURPOSE: MEDICAL RESEARCH | $6,000 |
OFF STREETS SPORTS PERFORMANCE PURPOSE: CHILDREN & YOUTH | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Silver Valley Research Foundation Mclean, VA | $1,699,232 | $12,100,000 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
Helvetas Usa Washington, DC | $584,936 | $9,906,698 |
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |