Tark Family Foundation
- Assets
- $1.8m
- Revenue
- $91.6k
- Investments
- $1.8m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- Data as of
- 12/2022
- EIN
- 83-2671425
Organization Overview
Tark Family Foundation is located in Philadelphia, PA. 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. Tark Family 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, Tark Family Foundation generated $91.6k 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 (46.0%) each year.
Since 2020, Tark Family Foundation has awarded 21 individual grants totaling $385,050. 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.
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 |
|---|---|---|---|
Howard N Bolte Director | 0.25 | $0 | |
Sheila H Bolte Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $77,917 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,602 |
| Capital Gain Net Income | $13,602 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $98 |
| Total Revenue | $91,619 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $61 |
| Taxes | $2,028 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $48,381 |
| Total operating and administrative expenses | $67,616 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $202,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,502 |
| 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 | $1,835,035 |
| 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, Tark Family Foundation has awarded $135,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LIGHTHOUSE FAMILY RETREAT PURPOSE: SUPPORT OPERATIONS | $27,000 |
BAY AREA CRISIS NURSERY PURPOSE: SUPPORT OPERATIONS | $5,000 |
NBCC FOUNDATION PURPOSE: SUPPORT OPERATIONS | $17,000 |
OUT YOUTH PURPOSE: SUPPORT OPERATIONS | $16,200 |
PHILABUNDANCE PURPOSE: SUPPORT OPERATIONS | $27,000 |
SANDY HOOK PROMISE FOUNDATION PURPOSE: SUPPORT OPERATIONS | $5,000 |