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Thomas L Cline Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2004. The principal officer is % Clarence Asbury. It holds total assets of $2.7M. Annual income is reported at $2.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Thomas L Cline Foundation has made 12 grants totaling $789K, with a median grant of $70K. Annual giving has decreased from $439K in 2020 to $120K in 2022. Individual grants have ranged from $10K to $100K, with an average award of $66K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Thomas L Cline Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in PA.
Thomas L Cline Foundation has distributed a total of $789K across 12 grants. The median grant size is $70K, with an average of $66K. Individual grants have ranged from $10K to $100K.
Thomas L Cline Foundation typically selects its grantees rather than accepting unsolicited proposals.
Thomas L Cline Foundation is headquartered in PHILADELPHIA, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Sue Cline | DIRECTOR | $0 | $0 | $0 |
| Sharon C Magraw | DIRECTOR | $0 | $0 | $0 |
| Leigh M Ayers | DIRECTOR | $0 | $0 | $0 |
| Leslie T Magraw | DIRECTOR | $0 | $0 | $0 |
| Clark D Robertson Esq | DIRECTOR | $0 | $0 | $0 |
Total Giving
$211K
Total Assets
$2.6M
Fair Market Value
$3.8M
Net Worth
$2.6M
Grants Paid
$195K
Contributions
$0
Net Investment Income
$78K
Distribution Amount
$186K
Total: $2.3M
Total Grants
12
Total Giving
$789K
Average Grant
$66K
Median Grant
$70K
Unique Recipients
6
Most Common Grant
$70K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Adams County Community FoundationFOR ADAMS COUNTY HISTORICAL SOCIETY | Gettysburg, PA | $70K | 2022 |
| Conewago Valley School DistrictFOR COLONIAL CAREER & TECH CENTER | New Oxford, PA | $100K | 2021 |
| Central Pa Youth BalletCHARITABLE USE | Carlisle, PA | $100K | 2020 |
| Adams County Arts CouncilCHARITABLE USE | Gettysburg, PA | $80K | 2020 |
| Adams County - Mercy House & Recovery CenterCHARITABLE USE | Gettysburg, PA | $75K |
| Francis X Mehaffey |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2020 |
| Gettysburg College - Majestic TheatreCHARITABLE USE | Gettysburg, PA | $14K | 2020 |
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