Art Of Youth Foundation is located in Wilmington, DE. The organization was established in 2015. 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. Art Of Youth Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Art Of Youth Foundation has awarded 83 individual grants totaling $1,993,183. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin H Kelly Dir | 1 | $0 | |
Susan C Kelly Pres, Dir, Sec, Treas | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $45 |
| Dividends & Interest | $19,449 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$249,340 |
| Capital Gain Net Income | $275,583 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,993 |
| Total Revenue | -$222,853 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,818 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,234 |
| Total operating and administrative expenses | $46,059 |
| Contributions, gifts, grants paid | $1,239,517 |
| Total expenses and disbursements | $1,285,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,544 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,321,896 |
| 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 |
Over the last fiscal year, Art Of Youth Foundation has awarded $1,239,517 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF THE GREATER TWIN CITIE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BABSON COLLEGE PURPOSE: THE STEPHEN D. CUTLER CENTER FOR INVESTMENTS AND FINANCE | $5,000 |
BRECK SCHOOL PURPOSE: ROBOTICS - STAMPEDE 3630 FINANCIAL AID FOR THE WORLDS COMPETITION | $1,250 |
BRECK SCHOOL PURPOSE: THE EE FORD EDUCATIONAL LEADERSHIP MATCHING GRANT | $10,267 |
BUCKNELL UNIVERSITY PURPOSE: THE JUSTIN AND SUSAN KELLY ANNUAL SCHOLARSHIP FUND | $5,000 |
CONSTELLATION FUND PURPOSE: GENERAL & UNRESTRICTED | $100,000 |