Willard Thomas & Margaret Rose Plogsterth Foundation
- Assets
- $794.9k
- Revenue
- $69.9k
- Investments
- $764.2k
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 07/1987
- Data as of
- 07/2023
- EIN
- 31-1206807
Organization Overview
Willard Thomas & Margaret Rose Plogsterth Foundation is located in Pennington, NJ. The organization was established in 1987. 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. Willard Thomas & Margaret Rose Plogsterth 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 07/2023, Willard Thomas & Margaret Rose Plogsterth Foundation generated $69.9k 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 (4.4%) each year. All expenses for the organization totaled $50.4k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Willard Thomas & Margaret Rose Plogsterth Foundation has awarded 29 individual grants totaling $133,100. 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 |
|---|---|---|---|
Bank Of America Co-Trustee | 1 | $15,435 | |
Ms Ann Plogsterth Co-Trustee | 1 | $0 | |
Mr Thomas L Wooding Co-Trustee | 1 | $0 | |
Ms Susan Rousseau Co-Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,339 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $54,425 |
| Capital Gain Net Income | $54,425 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $145 |
| Total Revenue | $69,909 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,435 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,362 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41 |
| Total operating and administrative expenses | $16,838 |
| Contributions, gifts, grants paid | $33,600 |
| Total expenses and disbursements | $50,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,689 |
| Savings and temporary cash investments | $25,021 |
| 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 | $15,974 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $794,878 |
| 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, Willard Thomas & Margaret Rose Plogsterth Foundation has awarded $33,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CENTER FOR NONVIOLENCE INC PURPOSE: GENERAL OPERATING | $5,600 |
COMMUNITY HARVEST FOOD BANK PURPOSE: GENERAL OPERATING | $5,600 |
HEADWATERS COUNSELING PURPOSE: GENERAL OPERATING | $5,600 |
YWCA SHELTER FOR WOMEN PURPOSE: GENERAL OPERATING | $5,600 |
TRINITY ENGLISH LUTHERAN CHURCH PURPOSE: GENERAL OPERATING | $5,600 |
FORT WAYNE CHILDREN'S ZOO PURPOSE: GENERAL OPERATING | $5,600 |