Ivywood Foundation
- Assets
- $4.3m
- Revenue
- $2.2m
- Investments
- $4.1m
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-1183281
Organization Overview
Ivywood Foundation is located in Bala Cynwyd, PA. The organization was established in 2019. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ivywood 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, Ivywood Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.5%) each year.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rogers M Smith Trustee | 5 | $0 | |
Mary E Summers Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,912,868 |
| Interest on Savings | $566 |
| Dividends & Interest | $65,440 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,019 |
| Capital Gain Net Income | $183,748 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,155,893 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,079 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7 |
| Total operating and administrative expenses | $26,396 |
| Contributions, gifts, grants paid | $1,358,500 |
| Total expenses and disbursements | $1,384,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $174,210 |
| 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 | $4,141,783 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,315,993 |
| 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, Ivywood Foundation has awarded $1,358,500 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PURPOSE: TEACHERS INSTITUTE OF PHILADELPHIA | $1,200,000 |
CHILDREN FIRST PURPOSE: GENERAL FUND | $90,000 |
EPISCOPAL CHURCH OF THE INCARNATION PURPOSE: GENERAL FUND | $40,000 |
TERRA FIRMA INTERNATIONAL PURPOSE: GENERAL FUND | $5,000 |
AMERICAN PHILOSOPHICAL SOCIETY PURPOSE: GENERAL FUND | $10,000 |
AMERICAN ACADEMY OF ARTS & SCIENCES PURPOSE: GENERAL FUND | $2,500 |