Martha & Donald Farley Family Foundation
- Assets
- $1.4m
- Revenue
- $37.6k
- Investments
- $1.4m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-1460827
Organization Overview
Martha & Donald Farley Family Foundation is located in Pennington, NJ. 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. Martha & Donald Farley 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 12/2022, Martha & Donald Farley Family Foundation generated $37.6k 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 (43.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Martha & Donald Farley Family Foundation has awarded 132 individual grants totaling $2,153,583. 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 |
|---|---|---|---|
Ms Carol A Farley Board Of Directors | 1 | $0 | |
Sarah M Farley Board Of Directors | 1 | $0 | |
Virginia R Farley Board Of Directors | 1 | $0 | |
Harley Olivia Meyer Board Of Directors | 1 | $0 | |
Lydia Meredith Meyer Board Of Directors | 1 | $0 | |
Mr Donald C Farley Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,246 |
| Capital Gain Net Income | $8,246 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $15,978 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $22,256 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $39,956 |
| Contributions, gifts, grants paid | $1,018,000 |
| Total expenses and disbursements | $1,057,956 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $543 |
| Savings and temporary cash investments | $27,990 |
| 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 | $360,456 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,394,092 |
| 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, Martha & Donald Farley Family Foundation has awarded $1,018,000 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
BIKES NOT BOMBS INC PURPOSE: GENERAL OPEARTING | $10,000 |
UNION OF CONCERNED SCIENTISTS INC PURPOSE: GENERAL OPEARTING | $10,000 |
CLIMATE GENERATION A WILL STEGER LEGACY PURPOSE: GENERAL OPEARTING | $10,000 |
UNITED FOR A FAIR ECONOMY INC PURPOSE: GENERAL OPEARTING | $10,000 |
BOSTON MEDICAL CENTER CORPORATION PURPOSE: GENERAL OPEARTING | $25,000 |
PROTEUS FUND INC PURPOSE: GENERAL OPEARTING | $10,000 |