Tally Foundation
- Assets
- $4.7m
- Revenue
- $111.4k
- Investments
- $4.7m
- Employees
- 0
- Location
- Malvern, PA
- Founding
- 10/2011
- Data as of
- 12/2022
- EIN
- 27-5271301
Organization Overview
Tally Foundation is located in Malvern, PA. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Tally 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, Tally Foundation generated $111.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $412.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Tally Foundation has awarded 96 individual grants totaling $1,365,500. 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 |
|---|---|---|---|
Amanda A Ryan Secy/treas/d | 2 | $15,000 | |
Elizabeth G Atterbury President/di | 2 | $15,000 | |
Edwin R Boynton Director | 0.5 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $135,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,097 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,411 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,798 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49 |
| Total operating and administrative expenses | $84,296 |
| Contributions, gifts, grants paid | $328,000 |
| Total expenses and disbursements | $412,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,844 |
| Savings and temporary cash investments | $32,692 |
| 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 | $4,140,793 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,721,097 |
| 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, Tally Foundation has awarded $328,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BENCHMARK SCHOOL PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $25,000 |
BRANDYWINE CONSERVANCY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $12,000 |
CARNEGIE MELLON UNIVERSITY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $2,500 |
CHESTER CHARTER SCHOOL FOR THE ARTS PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $2,500 |
EPISCOPAL ACADEMY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $35,000 |
FOUNDATION FOR DELAWARE COUNTY PURPOSE: GRANT TO ANOTHER 501(C)(3) ORG | $1,000 |