Arguild Foundation
- Assets
- $1.6m
- Revenue
- $6.7k
- Investments
- $1.6m
- Employees
- 0
- Location
- Greenville, DE
- Founding
- 12/1960
- Data as of
- 12/2022
- EIN
- 51-6016487
Organization Overview
Arguild Foundation is located in Greenville, DE. The organization was established in 1960. 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. Arguild 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, Arguild Foundation generated $6.7k 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 (26.5%) each year. All expenses for the organization totaled $153.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arguild Foundation has awarded 37 individual grants totaling $804,550. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ACCEPTS APPLICATIONS IN LETTER FORMAT FROM ORGANIZATIONS OPERATED FOR RELIGIOUS, CHARITABLE OR EDUCATIONAL PURPOSES AS PROVIDED FOR IN IRC SEC 501(C)(3).
GRANT REQUESTS FOR THE FURTHERANCE OF OPERATIONAL PROGRAMS OR CAPITAL EXPENDITURES ARE REVIEWED AND ACTED UPON. DIRECT CONTRIBUTIONS DURING YEAR:
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Connolly Braun President | 0 | $0 | |
Wilson Jc Braun Jr Executive Vice President | 0 | $0 | |
Courtney C Braun Vice President | 0 | $0 | |
Wilson Jc Braun III Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $624 |
| Dividends & Interest | $34,273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$28,206 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,691 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,087 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $233 |
| Total operating and administrative expenses | $24,230 |
| Contributions, gifts, grants paid | $129,100 |
| Total expenses and disbursements | $153,330 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $48,558 |
| 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 | $586 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,606,560 |
| 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, Arguild Foundation has awarded $129,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHRIST CHURCH CHRISTIANA HUNDRED PURPOSE: RELIGOUS PURPOSE | $6,600 |
THE AGAWAM COUNCIL PURPOSE: RECREATION PURPOSE | $2,500 |
THE INTERNATIONAL FRIENDS OF THE LONDON LIBRARY PURPOSE: EDUCATIONAL PURPOSE | $10,000 |
THE UNIVERSITY OF PENNSYLVANIA PURPOSE: EDUCATIONAL PURPOSE | $110,000 |