William & Muriel Elliott Foundation is located in Hershey, PA.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Katherine D Elliott Trustee  | 1 | $6,336 | |
Neil E Cass Trustee  | 1 | $6,336 | |
William L Mckernan Trustee  | 1 | $6,336 | |
Bryn Mawr Trust Co Trustee  | 1 | $25,345 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $580 | 
| Dividends & Interest | $119,883 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $1,388,792 | 
| Capital Gain Net Income | $1,388,792 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $1,509,255 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $44,353 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $19,862 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $66,711 | 
| Contributions, gifts, grants paid | $2,456,000 | 
| Total expenses and disbursements | $2,522,711 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $2,795,380 | 
| 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 | $2,795,380 | 
| 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, William & Muriel Elliott Foundation has awarded $2,456,000 in support to 14 organizations.
| Grant Recipient | Amount | 
|---|---|
DREXEL UNIVERSITY PURPOSE: CHARITABLE USE  | $100,000 | 
EDUCATION THROUGH MUSIC PURPOSE: EDUCATIONAL  | $500,000 | 
FRIENDS SCHOOL PURPOSE: MULLICA HILL GIFT  | $10,000 | 
HOBART AND WILLIAM SMITH COLLEGES PURPOSE: EDUCATIONAL  | $100,000 | 
LASALLE ACADEMY PURPOSE: EDUCATIONAL  | $100,000 | 
MERCY VOCATIONAL HIGH SCHOOL PURPOSE: EDUCATIONAL  | $300,000 |