Dr Anthony R Volpe And Mrs Marlene M Volpe Charitable Trust
- Assets
- $22.0m
- Revenue
- $2.7m
- Investments
- $14.8m
- Employees
- 0
- Location
- Princeton Junction, NJ
- Founding
- 02/2017
- Data as of
- 12/2023
- EIN
- 81-4816370
Organization Overview
Dr Anthony R Volpe And Mrs Marlene M Volpe Charitable Trust is located in Princeton Junction, NJ. The organization was established in 2017. 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. Dr Anthony R Volpe And Mrs Marlene M Volpe Charitable Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2023, Dr Anthony R Volpe And Mrs Marlene M Volpe Charitable Trust has awarded 26 individual grants totaling $1,033,000. 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 |
|---|---|---|---|
Anthony R Volpe Deceased 10820 Trustee | 0 | $0 | |
Marlene M Volpe Deceased 61720 Trustee | 0 | $0 | |
Russell U Schenkman Trustee | 0 | $0 | |
William J Gatarz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,177,431 |
| Interest on Savings | $11,199 |
| Dividends & Interest | $760,816 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $722,154 |
| Capital Gain Net Income | $722,154 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,710 |
| Total Revenue | $2,690,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $97,512 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50,472 |
| Depreciation | $48,216 |
| Occupancy | $23,365 |
| Travel, conferences, and meetings | $86,210 |
| Printing and publications | $0 |
| Other expenses | $119,942 |
| Total operating and administrative expenses | $564,596 |
| Contributions, gifts, grants paid | $1,033,000 |
| Total expenses and disbursements | $1,597,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,150,217 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,807,399 |
| Net Land, buildings, and equipment | $9,598 |
| Other assets | $0 |
| Total assets | $21,967,214 |
| 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, Dr Anthony R Volpe And Mrs Marlene M Volpe Charitable Trust has awarded $1,033,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
DENTAL LIFELINE NETWORK PURPOSE: GENERAL SUPPORT | $10,000 |
SAINT MATHIAS SCHOOL PURPOSE: GENERAL SUPPORT | $10,000 |
SETON HALL PREPARATORY SCHOOL PURPOSE: GENERAL SUPPORT | $100,000 |
RUTGERS UNIVERSITY FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
DIOCESE OF METUCHEN PURPOSE: GENERAL SUPPORT | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL SUPPORT | $10,000 |