E Rhodes And Leona B Carpenter Foundation
- Assets
- $250.9m
- Revenue
- $43.5m
- Investments
- $234.1m
- Employees
- 0
- Location
- Radnor, PA
- Founding
- 09/1975
- Data as of
- 12/2021
- EIN
- 51-0155772
Organization Overview
E Rhodes And Leona B Carpenter Foundation is located in Radnor, PA. The organization was established in 1975. 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. E Rhodes And Leona B Carpenter 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, E Rhodes And Leona B Carpenter Foundation generated $43.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.6% each year . All expenses for the organization totaled $16.9m during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, E Rhodes And Leona B Carpenter Foundation has awarded 800 individual grants totaling $36,461,085. 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 |
|---|---|---|---|
Diane L Collins Co-Executive Director | 50 | $353,000 | |
Joseph A O'connor Director/co-Exe.dir. | 35 | $282,661 | |
John T Yoder Cpa | 50 | $125,000 | |
Kathleen A Mcnamee Exec. Admin Assistan | 50 | $107,000 | |
Ann B Day Director/president | 10 | $57,000 | |
Paul B Day Jr Dir./v. Pres./secretary | 10 | $57,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wedge Capital Mgt Llp | 12/30/21 | $227,449 |
Bny Mellon Wealth Management | 12/30/21 | $207,148 |
Jennison Associates | 12/30/21 | $188,479 |
Lcg Associates Inc | 12/30/21 | $148,535 |
Kennedy Capital Mgt Inc | 12/30/21 | $188,810 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $787,434 |
| Dividends & Interest | $4,750,241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,922,554 |
| Capital Gain Net Income | $37,922,554 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $43,460,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $980,740 |
| Other employee salaries and wages | $135,290 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $330,093 |
| Depreciation | $24,828 |
| Occupancy | $120,696 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,870 |
| Other expenses | $51,462 |
| Total operating and administrative expenses | $2,811,852 |
| Contributions, gifts, grants paid | $14,084,966 |
| Total expenses and disbursements | $16,896,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,739,339 |
| 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 | $11,430 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $33,993,124 |
| Net Land, buildings, and equipment | $101,728 |
| Other assets | $0 |
| Total assets | $250,926,779 |
| 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, E Rhodes And Leona B Carpenter Foundation has awarded $14,084,966 in support to 262 organizations.
| Grant Recipient | Amount |
|---|---|
HAMPDEN-SYDNEY COLLEGE PURPOSE: SCHOLARSHIP ENDOWMENT FUND | $2,000,000 |
JOHNS HOPKINS UNIVERSITIY PURPOSE: COSTS OF RENOVATION OF AND ADDITION TO PINKARD BUILDING | $1,000,000 |
HADWEN PARK CONGREGATIONAL UNITED CHURCH OF CHRIST PURPOSE: GENERAL CHARITABLE AND RELIGIOUS PURPOSES; HELP WITH THE COSTS OF STAFF POSITIONS AND DIRECT COSTS OF ASYLUM SEEKERS | $290,000 |
Richmond, VA PURPOSE: GENERAL CHARITABLE PURPOSES; HELP WITH THE COSTS OF ITS 2021-2022 SEASON PROGRAMMING, ITS WORK WITH LOW-INCOME STUDENTS AND "HUGS AND KISSES" PROGRAM | $255,000 |
BON SECOURS MERCY HEALTH FOUNDATION PURPOSE: REPRESENTING A GIFT TO EVELYN D. REINHART GUEST HOUSE AT BON SECOURS FOR GENERAL PURPOSES IN MEMORY AND IN HONOR OF M. H. REINHART | $250,000 |
CITY OF AUBURN PURPOSE: HELP WITH COSTS OF PURCHASING A NEW FREIGHTLINER PUMPER/TANKER | $235,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |