Philip L Graham Fund
- Assets
- $88.6m
- Revenue
- $3.4m
- Investments
- $83.2m
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 10/1964
- Data as of
- 12/2022
- EIN
- 52-6051781
Organization Overview
Philip L Graham Fund is located in Arlington, VA. The organization was established in 1964. 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. Philip L Graham Fund 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, Philip L Graham Fund generated $3.4m 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 (17.8%) each year. All expenses for the organization totaled $7.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pinkie Mayfield Trusteetreasurer | 2 | $0 | |
Carol Melamed Trusteesecretary | 2 | $0 | |
Emily Firippis Assistant Treasurer | 2 | $0 | |
Laura O'shaughnessy Trusteecochair | 2 | $0 | |
Katharine Weymouth Trusteecochair | 2 | $0 | |
Richard Bynum Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $81,891 |
| Dividends & Interest | $1,633,859 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,536,325 |
| Capital Gain Net Income | $1,536,325 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101,010 |
| Total Revenue | $3,353,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $368,085 |
| Other employee salaries and wages | $102,500 |
| Pension plans, employee benefits | $26,439 |
| Interest | $0 |
| Taxes | $88,298 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $40,588 |
| Total operating and administrative expenses | $722,814 |
| Contributions, gifts, grants paid | $6,875,000 |
| Total expenses and disbursements | $7,597,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,144 |
| Savings and temporary cash investments | $5,331,023 |
| 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 | $15,932,658 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $88,608,845 |
| 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 |