Albert W Bader Foundation Inc
- Assets
- $1.5m
- Revenue
- $103.2k
- Investments
- $1.4m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 35-2425054
Organization Overview
Albert W Bader Foundation Inc is located in Philadelphia, PA. The organization was established in 2013. 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. Albert W Bader 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 12/2023, Albert W Bader Foundation Inc generated $103.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $172.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Albert W Bader Foundation Inc has awarded 263 individual grants totaling $943,915. 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 |
|---|---|---|---|
Alan H Mandeloff President & CEO | 3 | $16,000 | |
James Bogan Secretary | 3 | $16,000 | |
Richard Fitzgerald Treasurer | 3 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,495 |
| Dividends & Interest | $42,470 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,198 |
| Capital Gain Net Income | $52,198 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,163 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $48,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,556 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,625 |
| Total operating and administrative expenses | $61,314 |
| Contributions, gifts, grants paid | $111,500 |
| Total expenses and disbursements | $172,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,513 |
| Savings and temporary cash investments | $141,710 |
| 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 | $1,384,243 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,527,466 |
| 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, Albert W Bader Foundation Inc has awarded $111,500 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
BARC DEVELOPMENTAL SERVICES PURPOSE: SUPPORT RESIDENTIAL, VOCATIONAL AND EARLY INTERVENTION PROGRAMS FOR PEOPLE WITH INTELLECTUAL DISABILITIES AND AUTISM | $2,000 |
BENSALEM ALUMNI ASSOCIATION INC PURPOSE: TOWNSHIP HIGH SCHOOL SCHOLARSHIP FUND | $5,000 |
BENSALEM HIGH SCHOOL SPORTS ASSOCIATION PURPOSE: HIGH SCHOOL FIELD HOUSE | $2,500 |
BENSALEM RESCUE SQUAD PURPOSE: PURCHASE PEDIATRIC CPR MANAKINS & ALS TRAINING AIDS TO BE USED BY THE STAFF AND MEMBERS OF THE PUBLIC TO IMPROVE CARE TO CHILDREN SUFFERING FROM EMERGENCIES IN THE COMMUNITY | $2,500 |
BENSALEM RAMBLERS LITTLE LEAGUE PURPOSE: SUPPORT YOUTH SPORT | $10,000 |
BUCKS COUNTY CHILDREN'S MUSEUM PURPOSE: SPONSORSHIP OF MUSEUM'S FOR ALL ADMISSION | $4,000 |