Quantitative Foundation
- Assets
- $153.7m
- Revenue
- $21.5m
- Investments
- $93.4m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 09/2009
- Data as of
- 12/2019
- EIN
- 26-3922404
Organization Overview
Quantitative Foundation is located in Philadelphia, PA. The organization was established in 2009. 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.
For the year ending 12/2019, Quantitative Foundation generated $21.5m in total revenue. All expenses for the organization totaled $62.4m during the year ending 12/2019. While expenses have increased by 309.6% per year over the past 2 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 2019, Quantitative Foundation has awarded 29 individual grants totaling $61,582,550. 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 |
|---|---|---|---|
William W Foshay III Executive Dir. | 15 | $114,297 | |
Gordon R Giuliano CFO | 15 | $57,143 | |
Francis Johnson Program Dir. | 20 | $28,571 | |
Christina Luke Asst. To COO | 20 | $19,512 | |
Jaffray P Woodriff Trustee | 5 | $0 | |
Andrea Lawrence COO | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $266,108 |
| Dividends & Interest | $34,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,071,353 |
| Capital Gain Net Income | $21,071,353 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $93,359 |
| Total Revenue | $21,465,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $219,523 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $205,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $659 |
| Total operating and administrative expenses | $796,977 |
| Contributions, gifts, grants paid | $61,582,550 |
| Total expenses and disbursements | $62,379,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,353,179 |
| Savings and temporary cash investments | $58,949,008 |
| 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 | $93,428,834 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $153,731,021 |
| 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, Quantitative Foundation has awarded $61,582,550 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF VIRGINIA FINANCIAL ENGINEERING CENTER PURPOSE: EDUCATION SUPPORT | $60,000,000 |
CURRY SCHOOL OF EDUCATION FOUNDATION PURPOSE: EDUCATION SUPPORT | $525,000 |
Charlottesville, VA PURPOSE: EDUCATION SUPPORT | $225,000 |
FRIENDS OF VIRGINIA SQUASH PURPOSE: GENERAL SUPPORT | $200,000 |
UNIVERSITY OF VIRGINIA PURPOSE: EDUCATION SUPPORT | $75,000 |
AMPILO (FORMERLY LITERACY BRIDGE) PURPOSE: HEALTH, FOOD & NUTRITION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Bessemer Giving Fund Woodbridge, NJ | $409,066,331 | $210,062,584 |
Starr Foundation New York, NY | $1,224,410,899 | $115,036,092 |
S & G Foundation albany, NY | $1,147,138,007 | $304,610,125 |
Robertson Foundation New York, NY | $0 | $6,750,182 |
Surdna Foundation Inc New York, NY | $997,976,972 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $70,221,503 | $91,386,230 |
Quantitative Foundation Philadelphia, PA | $153,731,021 | $21,465,211 |
Paul E Singer Foundation New York, NY | $0 | $7,422,166 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $584,180,972 | $20,558,970 |
Foundation For A Just Society New York, NY | $669,006,896 | $96,141,739 |
Diana Davis Spencer Foundation Bethesda, MD | $1,443,215,686 | $32,545,761 |
Davis Family Foundation Hanover, MD | $952,920,743 | $74,464,123 |