Eutopia Foundation
- Assets
- $22.9m
- Revenue
- -$254.4k
- Investments
- $18.9m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 47-3998424
Organization Overview
Eutopia Foundation is located in Wilmington, DE. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eutopia 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 2017, Eutopia Foundation has awarded 147 individual grants totaling $9,980,654. 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 |
|---|---|---|---|
Susan Danziger Co- Pres, Dir | 1 | $0 | |
Albert Wenger Dir, Sec, Treas, Co- Pres | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rockefeller Capital Management | 12/30/22 | $71,286 |
Foundation Source | 12/30/22 | $62,750 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,632 |
| Dividends & Interest | $196,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$480,339 |
| Capital Gain Net Income | $3,223,836 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$254,400 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $317,123 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $68,626 |
| Total operating and administrative expenses | $472,093 |
| Contributions, gifts, grants paid | $5,303,147 |
| Total expenses and disbursements | $5,775,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,018,003 |
| 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 | $800,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,948,529 |
| 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, Eutopia Foundation has awarded $5,303,147 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
BASILICA ARTS INC PURPOSE: GENERAL & UNRESTRICTED | $8,700 |
BLACK ENTREPRENEUR MARKET PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BERKSHIRE RESOURCES FOR INTEGRATION OF DIVERSE GR PURPOSE: GENERAL & UNRESTRICTED | $2,500 |
CLIMATE EMERGENCY FUND PURPOSE: GENERAL & UNRESTRICTED | $550,000 |
BROOKINGS INSTITUTION PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
CHAPEL & YORK US FOUNDATION INC PURPOSE: SWITCH IT PROJECT | $111,245 |