Pine Street Foundation Inc
- Assets
- $5.5m
- Revenue
- $882.3k
- Investments
- $5.1m
- Employees
- 0
- Location
- Narberth, PA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-2352028
Organization Overview
Pine Street Foundation Inc is located in Narberth, 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. Pine Street Foundation Inc 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, Pine Street Foundation Inc generated $882.3k 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 (17.9%) each year. All expenses for the organization totaled $350.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Pine Street Foundation Inc has awarded 66 individual grants totaling $773,762. 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 |
|---|---|---|---|
Jonathan Seltzer Director | 1 | $0 | |
Elizabeth Seltzer Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $15,783 |
| Dividends & Interest | $150,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $615,717 |
| Capital Gain Net Income | $615,717 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $124 |
| Total Revenue | $882,308 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35,548 |
| Total operating and administrative expenses | $56,061 |
| Contributions, gifts, grants paid | $294,148 |
| Total expenses and disbursements | $350,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $345,446 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,480,027 |
| 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, Pine Street Foundation Inc has awarded $294,148 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTHRIGHT ISRAEL PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $5,000 |
COMMUNITY FOOD BANK OF NJ PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $1,046 |
ENTREPRENEUR WORKS PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $3,000 |
FREE LIBRARY PHILADELPHIA PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $10,000 |
JEVS HUMAN SERVICES PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $7,500 |
FRIENDS OF THE ISRAELI DEFENSE FORCE (FIDF) PURPOSE: TO PROMOTE AND SUPPORT THE EDUCATIONAL EXEMPT PURPOSE PURSUANT TO SECTION 501(C)(3) OF THE RECIPIENT. | $15,000 |