Quad Family Foundation
- Assets
- $75.4m
- Revenue
- $41.0m
- Investments
- $70.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-3835222
Organization Overview
Quad Family Foundation is located in Wilmington, DE. The organization was established in 2014. 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. Quad Family 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 12/2021, Quad Family Foundation generated $41.0m in total revenue. All expenses for the organization totaled $3.2m during the year ending 12/2021.
Since 2020, Quad Family Foundation has awarded 50 individual grants totaling $6,707,230. 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 |
|---|---|---|---|
Allen Thorpe Dir, Sec, Treas, Co-President | 1 | $0 | |
Meghan Mackay Co-President, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $39,769,385 |
| Interest on Savings | $0 |
| Dividends & Interest | $608,114 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $583,253 |
| Capital Gain Net Income | $1,847,892 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,960,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $4,959 |
| Taxes | $42,106 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $914 |
| Total operating and administrative expenses | $74,339 |
| Contributions, gifts, grants paid | $3,174,282 |
| Total expenses and disbursements | $3,248,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,141,000 |
| 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 | $29,692,244 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $75,388,991 |
| 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, Quad Family Foundation has awarded $3,174,282 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL AND UNRESTRICTED. GIFTED 18,497 SHARES OF ACGL STOCK FMV - $804,250FMV - $804,350BV - $491,920BOOK VALUE IS THE DONORS COST BASIS AT DATE OF DONATION TO FOUNDATIONFMV IS VALUE ON DATE OF GIFT | $804,250 |
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY PURPOSE: GENERAL AND UNRESTRICTED. GIFTED 354 SHARES OF LLY STOCK FMV - $507,830FMV - $507,831BV - $307,434BOOK VALUE IS THE DONORS COST BASIS AT DATE OF DONATION TO FOUNDATIONFMV IS VALUE ON DATE OF GIFT | $507,831 |
LEVERAGED FOUNDATION PURPOSE: GENERAL AND UNRESTRICTED | $500,000 |
Cohoes, NY PURPOSE: GENERAL AND UNRESTRICTED | $500,000 |
ZETA CHARTER SCHOOLS INC PURPOSE: GENERAL AND UNRESTRICTED | $250,000 |
New York, NY PURPOSE: GENERAL AND UNRESTRICTED | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |