Edgemoor Leadership Foundation
- Assets
- $151.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 01/2012
- Data as of
- 12/2018
- EIN
- 45-3304761
Organization Overview
Edgemoor Leadership Foundation is located in Dover, DE. The organization was established in 2012. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edgemoor Leadership 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 12/2018, Edgemoor Leadership Foundation generated $82.5k 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 (26.6%) each year. All expenses for the organization totaled $72.8k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
EDGEMOOR LEADERSHIP FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED TO PROVIDE SCHOLARSHIPS, GRANTS, AND LOANS TO STUDENTS AND/OR NOT-FOR-PROFIT ORGANIZATIONS TO PROMOTE EDUCATION AND/OR NON-ACADEMIC LIFE LEARNING EXPERIENCES FOR COLLEGE STUDENTS.
Describe the Organization's Program Activity:
Part 3
GRANTS WERE PROVIDED FOR EDUCATIONAL FACILITY IMPROVEMENTS AND REPAIRS AT THE CORNELL UNIVERSITY ISWZA FRATERNITY BUILDING. THE GRANTS WERE RECOGNIZED BY CORNELL UNIVERSITY AS CHARITABLE DONATIONS TO THE UNIVERSITY UNDER A FORMAL PROGRAM FOR NON-PROFIT ORGANIZATION COOPERATION FOR THE CREATION AND EXPANSION OF EDUCATIONAL FACILITIES FOR STUDENTS.
EDGEMOOR LEADERSHIP FOUNDATION BOARD MEMBERS DESIGNED AND LED MULTI-DAY STUDENT MENTAL HEALTH AND SUICIDE PREVENTION PROGRAMS FOR, WITH, AND AT CORNELL UNIVERSITY IN ITHACA, NY. EDGEMOOR LEADERSHIP FOUNDATION HAS SET ASIDE A RESERVE FUND NAMED THE MATTHEW OMANS' MEMORIAL FUND IN MEMORY OF A DECEASED CORNELL ALUMNUS IN ORDER TO CONTINUE AND EXPAND SUCH PROGRAMS AT CORNELL UNIVERSITY. MENTAL HEALTH AND SUICIDE PREVENTION IS A CRITICAL ISSUE AT CORNELL UNIVERSITY, WHERE THERE HAVE UNFORTUNATELY BEEN NUMEROUS WAVES OF SUICIDE CRISES IN THE PAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elliot Sloane President | 0.2 | $0 | |
James Morrill Treasurer | 0.15 | $0 | |
Douglas Skalka Secretary | 0.1 | $0 | |
Alex Aidun Board Member | 0.1 | $0 | |
Doug Levens Board Member | 0.1 | $0 | |
Greg Mcelroy Board Member | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,337 |
| Total Program Service Revenue | $0 |
| Membership dues | $187 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,524 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,517 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $72,774 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $150,998 |
| Other assets | $0 |
| Total assets | $150,998 |
| Total liabilities | $0 |
| Net assets or fund balances | $150,998 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Edgemoor Leadership Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: Social Services/Social Benefits | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Enoch Trust Pennington, NJ | $132,750,633 | $20,236,013 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Shemiras Sedorim Inc Lakewood, NJ | $633,948 | $4,898,239 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Wound Ostomy Continence Nurses Society Mount Laurel, NJ | $6,254,306 | $4,112,387 |
Digital Harbor Foundation Inc Baltimore, MD | $6,702,247 | $6,011,466 |