Alpha Foundation For The Improvement Of Mine Safety And Hea
- Assets
- $13.7m
- Revenue
- $735.0k
- Investments
- $13.3m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 45-5152759
Organization Overview
Alpha Foundation For The Improvement Of Mine Safety And Hea is located in Philadelphia, PA. The organization was established in 2012. 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. Alpha Foundation For The Improvement Of Mine Safety And Hea 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 12/2021, Alpha Foundation For The Improvement Of Mine Safety And Hea generated $735.0k 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 (14.2%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (36.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Alpha Foundation For The Improvement Of Mine Safety And Hea has awarded 81 individual grants totaling $11,397,572. 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 |
|---|---|---|---|
Thomas Barczak Executive Dir. | 20 | $135,338 | |
Keith Heasley Director | 8 | $80,000 | |
Michael Karmis Director | 12 | $80,000 | |
David H Wegman Director | 10 | $80,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $477,920 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $156,004 |
| Capital Gain Net Income | $618,115 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101,059 |
| Total Revenue | $734,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $375,338 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,364 |
| Printing and publications | $0 |
| Other expenses | $85,910 |
| Total operating and administrative expenses | $604,683 |
| Contributions, gifts, grants paid | $421,524 |
| Total expenses and disbursements | $1,026,207 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $260,335 |
| 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 | $7,471 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,678,007 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $52,240 |
| Total assets | $13,657,392 |
| Accounts payable and accrued expenses | $40,866 |
| Grants payable | $5,411,904 |
| 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 | $5,452,770 |
Grants Awarded
Over the last fiscal year, Alpha Foundation For The Improvement Of Mine Safety And Hea has awarded $4,863,622 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF KENTUCKY PURPOSE: AUTONOMOUS UNDERGROUND MINING SYSTEMS TO IMPROVE SAFETY - INTELLIGENT COAL MINING | $341,645 |
UNIVERSITY OF CALIFORNIA PURPOSE: AFCTG20-98 - RHEUMATOID ARTHRITIS IN HARD ROCK UNDERGROUND MINERS | $334,390 |
Socorro, NM PURPOSE: AFCRFP20-130 - DEMONSTRATION OF AN INTRINSICALLY SAFE DRONE PROPULSION SYSTEM FOR UNDERGROUND COAL MINING APPLICATIONS | $294,007 |
VIRGINIA POLYTECHNIC INSTITUTE AND PURPOSE: AFC518SP-89 - COLLECTING MINE DUST PARTICLES WITH LIQUID-COATED VIBRATING MESHES, PHASE 2 (REVISED PROPOSAL) | $282,468 |
UNIVERSITY OF ILLINOIS PURPOSE: AFCTG20-102 - CONTINUED EPIDEMIOLOGIC ANALYSES OF LARGE DATA SETS OF HEALTH DATA ON US COAL MINERS | $271,044 |
WEST VIRGINIA UNIVERSITY RESEARCH C PURPOSE: AFC719FO-101 - MINE-SPECIFIC, GEOLOGY-DEPENDENT PILLAR AND STANDING-SUPPORT DESIGN TOOLS | $225,019 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Foundation For The Improvement Of Mine Safety And Hea has recieved totaling $110,713.
| Awarding Organization | Amount |
|---|---|
Northeastern University Boston, MA PURPOSE: Sub-Award | $110,713 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |