Philantropic Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2008. The principal officer is % Timothy Matz. It holds total assets of $70K. Annual income is reported at $3K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Philantropic Foundation has made 5 grants totaling $24K, with a median grant of $5K. Annual giving has decreased from $10K in 2020 to $4K in 2023. Individual grants have ranged from $4K to $5K, with an average award of $5K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and District of Columbia. Contributions to this foundation are tax-deductible.
Philantropic Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MA, DC.
Philantropic Foundation has distributed a total of $24K across 5 grants. The median grant size is $5K, with an average of $5K. Individual grants have ranged from $4K to $5K.
Philantropic Foundation typically selects its grantees rather than accepting unsolicited proposals.
Philantropic Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Bruce Whelihan | TREASURER & DIRECTOR | $0 | $0 | $0 |
| Timothy B Matz | VP, GENERAL COUNSEL & DIRECTOR | $0 | $0 | $0 |
| Julio E Huertematte | VICE PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Edwin K Hall | VICE PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Harry Teeter | DIRECTOR | $0 | $0 | $0 |
Total Giving
$6K
Total Assets
$70K
Fair Market Value
$70K
Net Worth
$70K
Grants Paid
$4K
Contributions
$1K
Net Investment Income
$0
Distribution Amount
$3K
Total Grants
5
Total Giving
$24K
Average Grant
$5K
Median Grant
$5K
Unique Recipients
4
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Harpswell FoundationSupport Education of young women in Combodia | Concord, MA | $4K | 2023 |
| Skl IncGrant | Winnipeg, DC | $5K | 2021 |
| Honduras Independence Bilingual SchoolSCHOOL CONSTRUCTION | Quimistan | $5K | 2020 |
| The Harpswell FoundationEDUCATING WOMEN IN CAMBODIA | Concord, MA | $5K | 2020 |
Other foundations that have funded Philantropic Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Kenneth T And Eileen L Norris Foundation | $25K | 2023 | FACULTY MINI-GRANT PROGRAM |
| Kenneth T And Eileen L Norris Foundation | $25K | 2022 | FACULTY MINI-GRANT PROGRAM |
| Kenneth T And Eileen L Norris Foundation | $25K | 2022 | FACULTY MINI-GRANT PROGRAM |
| Kenneth T And Eileen L Norris Foundation | $20K | 2021 | FACULTY MINI-GRANTS PROGRAM |
| Dana T Ackerly |
| VICE PRESIDENT & DIRECTOR |
| $0 |
| $0 |
| $0 |
| Geoffrey B Baker | SECRETARY & DIRECTOR | $0 | $0 | $0 |
| Malcolm Mb Sterrett | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Kenneth T And Eileen L Norris Foundation | $20K | 2020 | FACULTY MINI-GRANTS PROGRAM |
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