Athena Foundation is located in Fort Washington, PA. The organization was established in 2004. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Athena 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 06/2023, Athena Foundation generated $11.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.0% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ATHENA FOUNDATION DONATED CERTAIN DIAGNOSTIC EQUIPMENT TO RADIATING HOPE, A TAX EXEMPT 501(C)(3) ORGANIZATION.
THE ATHENA FOUNDATION DONATED $20,000 IN CASH TO THE FEDERATION OF HELLENIC AMERICAN SOCITIES OF PHILADELPHIA, A TAX EXEMPT 501(C)(3)ORGANIZATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Athena Karabots Chairperson | 1 | $0 | |
Andrea Duloc Vice President | 0.5 | $0 | |
Despina Mcnulty President | 0.5 | $0 | |
William Bonner Secretary & Treasurer | 0.5 | $0 | |
Constance Kolkka Vice President | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,632 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,632 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $20,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $305,210 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $305,210 |
| 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 |
Over the last fiscal year, Athena Foundation has awarded $20,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RADIATING HOPE PURPOSE: DONATION OF MEDICAL EQUIPMENT TO501(C)(3) EXEMPT ORGANIZATION | $0 |
FEDERATION OF HELLENIC AMERICAN SOCITIES OF PHILA PURPOSE: CHARITABLE PURPOSESOF EXEMPT ORGANIZATION | $20,000 |