Struthers Family Foundation
- Assets
- $2.8m
- Revenue
- $376.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/1999
- Data as of
- 12/2022
- EIN
- 51-0392526
Organization Overview
Struthers Family Foundation is located in Wilmington, DE. The organization was established in 1999. 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. Struthers 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, Struthers Family Foundation generated $376.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $934.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Struthers Family Foundation has awarded 187 individual grants totaling $2,228,874. 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 |
|---|---|---|---|
Richard K Struthers President & Treasurer | 0 | $0 | |
Sharon M Struthers Vice President & Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $65,351 |
| Interest on Savings | $161 |
| Dividends & Interest | $59,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $251,537 |
| Capital Gain Net Income | $251,537 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $376,781 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,812 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $117 |
| Total operating and administrative expenses | $27,645 |
| Contributions, gifts, grants paid | $906,966 |
| Total expenses and disbursements | $934,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $179,125 |
| 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 | $1,863,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $371 |
| Total assets | $2,841,844 |
| 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, Struthers Family Foundation has awarded $540,875 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
DELAWARE NATURE SOCIETY INC PURPOSE: TO FOSTER UNDERSTANDING, APPRECIATION AND ENJOYMENT OF THE NATURAL WORLD THROUGH EDUCATION; PRESERVE ECOLOGICALLY SIGNIFICANT AREAS; AND ADVOCATE STEWARDSHIP AND CONSERVATION | $500 |
FAITHFUL FRIENDS PURPOSE: TO REDUCE THE HOMELESS POPULATION OF DOGS AND CATS | $130,800 |
SANFORD SCHOOL PURPOSE: CONTRIBUTION FOR FUNDING AND BUILDING OF SPORTS CENTER AT SCHOOL | $200,000 |
DELAWARE BREAST CANCER COALITION PURPOSE: TO FIGHT AGAINST BREAST CANCER | $250 |
PENN STATE UNIVERSITY PURPOSE: TO SUPPORT A PREMIERE INSTITUTION OF HIGHER EDUCATION | $131,500 |
CENTRE COUNTY PAWS PURPOSE: TO FIND FOREVER HOMES FOR CATS AND DOGS AND EDUCATING CITIZENS ON RESPONSIBLE PET OWNERSHIP. | $250 |