Twomey Family Foundation
- Assets
- $0.0
- Revenue
- $7.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 12/2019
- EIN
- 46-3825018
Organization Overview
Twomey Family Foundation is located in Wilmington, DE. The organization was established in 2014. 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.
Since 2016, Twomey Family Foundation has awarded 26 individual grants totaling $733,027. 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 |
|---|---|---|---|
Chris Twomey Dir, Treas, VP | 1 | $0 | |
Darla Rae Twomey Dir, Pres, Sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,000 |
| Interest on Savings | $1,354 |
| Dividends & Interest | $3,436 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,237 |
| Capital Gain Net Income | $47,641 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,653 |
| Total Revenue | $7,206 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,650 |
| Total operating and administrative expenses | $20,027 |
| Contributions, gifts, grants paid | $589,747 |
| Total expenses and disbursements | $609,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Twomey Family Foundation has awarded $589,747 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
J JOHNSON PURPOSE: SHORT-TERM EMERGENCY ASSISTANCE GRANT | $2,500 |
M ANDERSON PURPOSE: SHORT-TERM EMERGENCY ASSISTANCE GRANT | $2,500 |
OUR LADY OF THE LAKE CATHOLIC CHURCH PURPOSE: ANNUAL FUND | $5,000 |
SCHWAB CHARITABLE FUND PURPOSE: TWOMEY FUND | $9,132 |
SCHWAB CHARITABLE FUND PURPOSE: TWOMEY FUND | $615 |
ST JOHNS PREPARATORY SCHOOL PURPOSE: 2019 - 2020 ANNUAL FUND | $10,000 |