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Charles And Barbara Close Foundation is a private trust based in RADNOR, PA. The foundation received its IRS ruling in 2010. The principal officer is % Haverford Trust Company. It holds total assets of $4.6M. Annual income is reported at $1.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Charles And Barbara Close Foundation has made 8 grants totaling $2.2M, with a median grant of $289K. Individual grants have ranged from $10K to $500K, with an average award of $272K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Charles And Barbara Close Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in PA.
Charles And Barbara Close Foundation has distributed a total of $2.2M across 8 grants. The median grant size is $289K, with an average of $272K. Individual grants have ranged from $10K to $500K.
Charles And Barbara Close Foundation typically selects its grantees rather than accepting unsolicited proposals.
Charles And Barbara Close Foundation is headquartered in RADNOR, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jim Berneski | TRUSTEE | $22K | $0 | $22K |
| William Mckernan | TRUSTEE | $22K | $0 | $22K |
| Frederick Padden | TRUSTEE | $22K | $0 | $22K |
| Mike Doyle | TRUSTEE | $22K | $0 | $22K |
Total Giving
$968K
Total Assets
$4.5M
Fair Market Value
$7.9M
Net Worth
$4.5M
Grants Paid
$825K
Contributions
$0
Net Investment Income
$689K
Distribution Amount
$390K
Total: $4.2M
Total Grants
8
Total Giving
$2.2M
Average Grant
$272K
Median Grant
$289K
Unique Recipients
3
Most Common Grant
$10K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Drexel UniversityCLOSE FOUNDATION DESIGNATED | Philadelphia, PA | $500K | 2022 |
| Drexel University - David O'BrienENTREPRENEURSHIP IN | Philadelphia, PA | $280K | 2022 |
| Friends Of Saint MalachyUNRESTRICTED | Philadelphia, PA | $10K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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