Grundy Foundation

Bristol, PA
Tax-exempt since May 1963
EIN: 23-1609243

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$2.77M (2023)

Expenses

$3.89M (2023)

Total Assets

$28.5M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$2,766,250

Expenses

$3,885,882

Net Income

-$1,119,632

Net Assets

$28,517,284

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$108,541	3.9%
Interest Revenue	$17,156	0.6%
Dividends	$828,679	30.0%
Sales of Assets	$1,778,896	64.3%
Other Income	$7,447	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,812,680	98.1%
Compensation of Officers*	$319,166	8.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,517,284
Total Liabilities	$0
Net Assets	$28,517,284

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$199,753	$27,113
Dana Barber (Library Director)	$108,387	$16,527
Steven Vitarelli (Technology Administr)	$90,120	$5,038
Phila Trust Co Co Michael Crofton (Trustee)	$73,202	$0
Kevin Farley (Patron Services Mana)	$67,722	$9,807
Gretchen Stallone (Community Services M)	$58,446	$18,992
Barbara Gerhard (Librarian)	$58,151	$19,605
Frederick Jm Lavalley Esq (Trustee)	$11,553	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$11,553	$0
Carl E White (Trustee)	$11,553	$0
Christina M Fournais (Trustee)	$11,553	$0

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990-PF

Filed on Nov. 14, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$2,799,521

Expenses

$6,695,922

Net Income

-$3,896,401

Net Assets

$29,636,916

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$30,934	1.1%
Interest Revenue	$1,312	0.0%
Dividends	$782,055	27.9%
Sales of Assets	$1,983,800	70.9%
Other Income	$1,420	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,607,980	98.7%
Compensation of Officers*	$356,203	5.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$29,636,916
Total Liabilities	$0
Net Assets	$29,636,916

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$185,000	$26,588
Dana Barber (Library Director)	$98,477	$19,271
Phila Trust Co Co Michael Crofton (Trustee)	$87,942	$0
Steven Vitarelli (Technology Administr)	$83,246	$6,140
Kevin Farley (Patron Services Mana)	$66,008	$11,911
Gretchen Stallone (Community Services M)	$62,373	$26,529
Barbara Gerhard (Librarian)	$55,136	$22,855
Frederick Jm Lavalley Esq (Trustee)	$14,170	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$14,170	$0
Carl E White (Trustee)	$14,170	$0
Christina M Fournais (Trustee)	$14,170	$0

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990-PF

Filed on Nov. 16, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$3,058,008

Expenses

$6,277,209

Net Income

-$3,219,201

Net Assets

$33,533,317

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$31,712	1.0%
Interest Revenue	$0
Dividends	$787,348	25.7%
Sales of Assets	$2,236,928	73.1%
Other Income	$2,020	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,123,572	97.6%
Compensation of Officers*	$403,791	6.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$33,533,317
Total Liabilities	$0
Net Assets	$33,533,317

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$185,000	$26,168
Phila Trust Co Co Michael Crofton (Trustee)	$98,767	$0
Dana Barber (Library Director)	$90,447	$18,790
Steven Vitarelli (Technology Administr)	$75,628	$5,671
Gretchen Stallone (Community Services M)	$64,523	$25,876
Kevin Farley (Patron Services Mana)	$58,765	$11,477
Bernadette Lester (Office Administrator)	$58,140	$8,945
Frederick Jm Lavalley Esq (Trustee)	$16,922	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$16,922	$0
Carl E White (Trustee)	$16,922	$0
Christina M Fournais (Trustee)	$16,922	$0

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990-PF

Filed on Nov. 12, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2020

Revenue

$2,989,045

Expenses

$5,986,089

Net Income

-$2,997,044

Net Assets

$36,752,517

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$47,261	1.6%
Interest Revenue	$0
Dividends	$893,526	29.9%
Sales of Assets	$2,041,594	68.3%
Other Income	$6,664	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,865,845	98.0%
Compensation of Officers*	$467,930	7.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$36,752,518
Total Liabilities	$1
Net Assets	$36,752,517

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$202,167	$38,965
Phila Trust Co Co Michael Crofton (Trustee)	$96,010	$0
Dana Barber (Library Administrato)	$87,329	$32,147
Steven Vitarelli (Technology Administr)	$80,192	$8,556
Kevin Farley (Patron Services Mana)	$61,960	$13,241
Gretchen Stallone (Community Services M)	$60,204	$27,401
Bernadette Lester (Office Administrator)	$55,710	$22,258
Frederick M Lavalley Esq (Trustee)	$16,349	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$16,349	$0
Carl E White (Trustee)	$16,349	$0
Christina M Fournais Esq (Trustee)	$16,349	$0

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990-PF

Filed on Aug. 26, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$2,585,066

Expenses

$3,636,386

Net Income

-$1,051,320

Net Assets

$39,749,561

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$30,883	1.2%
Interest Revenue	$0
Dividends	$1,131,701	43.8%
Sales of Assets	$1,405,550	54.4%
Other Income	$16,932	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,498,846	96.2%
Compensation of Officers*	$400,075	11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$39,749,562
Total Liabilities	$1
Net Assets	$39,749,561

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$187,053	$45,421
Phila Trust Co Co Michael Crofton (Trustee)	$99,534	$0
Dana Barber (Library Administrato)	$84,597	$32,286
Steven Vitarelli (Technology Administr)	$77,535	$8,336
Gretchen Stallone (Community Services M)	$65,785	$7,109
Kevin Farley (Patron Services Mana)	$59,512	$11,488
Bernadette Lester (Office Administrator)	$54,906	$1,919
Frederick M Lavalley Esq (Trustee)	$17,017	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$17,017	$0
Carl E White (Trustee)	$17,017	$0
Christina M Fournais Esq (Trustee)	$17,017	$0

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990-PF

Filed on Oct. 23, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$2,605,965

Expenses

$2,557,922

Net Income

$48,043

Net Assets

$40,800,882

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$31,135	1.2%
Interest Revenue	$0
Dividends	$1,082,330	41.5%
Sales of Assets	$1,473,791	56.6%
Other Income	$18,709	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,453,216	95.9%
Compensation of Officers*	$348,340	13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$40,800,882
Total Liabilities	$0
Net Assets	$40,800,882

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$132,391	$39,676
Phila Trust Co Co Dean A Walters (Trustee)	$104,706	$0
Dana Barber (Library Administrato)	$90,543	$16,932
Shirley Hickey (Youth Services Coord)	$71,732	$11,776
Gretchen Stallone (Community Services M)	$63,913	$6,692
Steven Vitarelli (Technology Administr)	$62,329	$32,515
Kevin Farley (Patrol Services Mana)	$56,217	$10,988
Frederick M Lavalley Esq (Trustee)	$17,920	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$17,920	$0
Carl E White (Trustee)	$17,920	$0
Christina M Fournais Esq (Trustee)	$11,844	$0
Bonnie J O'boyle (Trustee)	$5,962	$0

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990-PF

Filed on Oct. 29, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$1,302,131

Expenses

$2,466,149

Net Income

-$1,164,018

Net Assets

$40,752,839

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$34,786	2.7%
Interest Revenue	$0
Dividends	$967,788	74.3%
Sales of Assets	$282,502	21.7%
Other Income	$17,055	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,354,084	95.5%
Compensation of Officers*	$340,069	13.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$40,752,839
Total Liabilities	$0
Net Assets	$40,752,839

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$131,017	$36,448
Phila Trust Co Co Dean A Walters (Trustee)	$103,064	$0
Dana Barber (Library Administrato)	$81,271	$20,200
Shirley Hickey (Youth Services Coord)	$65,892	$14,397
Steven Vitarelli (Technology Administr)	$62,590	$27,234
Gretchen Stallone (Community Services M)	$61,467	$6,488
Kevin Farley (Patrol Services Mana)	$50,833	$9,836
Frederick M Lavalley Esq (Trustee)	$17,744	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$17,744	$0
Bonnie J O'boyle (Trustee)	$17,744	$0
Carl E White (Trustee)	$16,308	$0

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990-PF

Filed on Sept. 27, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$1,839,503

Expenses

$2,439,845

Net Income

-$600,342

Net Assets

$41,916,857

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,448	0.2%
Interest Revenue	$0
Dividends	$870,303	47.3%
Sales of Assets	$944,587	51.4%
Other Income	$20,165	1.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,328,506	95.4%
Compensation of Officers*	$324,458	13.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$41,916,857
Total Liabilities	$0
Net Assets	$41,916,857

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$132,027	$35,290
Phila Trust Co Co Dean A Walters (Trustee)	$97,169	$0
Dana Barber (Library Administrato)	$76,740	$22,129
Steven Vitarelli (Technology Administr)	$63,191	$24,830
Jane Frazer (Support Staff Servic)	$61,245	$12,178
Shirley Hickey (Youth Services Coord)	$55,657	$27,928
Frederick M Lavalley Esq (Trustee)	$16,395	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$16,395	$0
Bonnie J O'boyle (Trustee)	$16,395	$0
Leonard N Snyder (Trustee)	$10,787	$0

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990-PF

Filed on Sept. 28, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$2,252,876

Expenses

$2,414,761

Net Income

-$161,885

Net Assets

$42,517,199

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,200	0.2%
Interest Revenue	$0
Dividends	$908,261	40.3%
Sales of Assets	$1,319,761	58.6%
Other Income	$20,654	0.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,212,142	91.6%
Compensation of Officers*	$332,144	13.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$42,517,199
Total Liabilities	$0
Net Assets	$42,517,199

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$130,979	$33,815
Phila Trust Co Co Dean A Walters (Trustee)	$101,305	$0
Dana Barber (Library Administrato)	$74,636	$20,294
Steven Vitarelli (Technology Administr)	$59,491	$22,248
Jane Frazer (Support Staff Servic)	$58,924	$9,469
Shirley Hickey (Youth Services Coord)	$54,263	$25,392
Frederick Jm Lavalley Esq (Trustee)	$17,268	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$17,268	$0
Leonard N Snyder (Trustee)	$17,268	$0
Bonnie J O'boyle (Trustee)	$17,268	$0

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990-PF

Filed on Nov. 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$3,672,852

Expenses

$2,517,028

Net Income

$1,155,824

Net Assets

$42,679,084

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,219	0.1%
Interest Revenue	$0
Dividends	$1,302,634	35.5%
Sales of Assets	$2,346,744	63.9%
Other Income	$20,255	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,352,715	93.5%
Compensation of Officers*	$337,178	13.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$42,679,084
Total Liabilities	$0
Net Assets	$42,679,084

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$131,305	$30,462
Phila Trust Co Co Dean A Walters (Trustee)	$104,187	$0
Mary Jane Mannherz Ret123113 (Library Director Sev)	$82,400	$0
Dana Barber (Library Administrato)	$77,199	$13,308
Jane Frazer (Support Staff Servic)	$59,146	$9,132
Steven Vitarelli (Technology Administr)	$58,787	$20,638
Bianca Demattia (Community Services M)	$58,267	$9,104
Frederick Jm Lavalley Esq (Trustee)	$17,806	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$17,806	$0
Leonard N Snyder (Trustee)	$17,806	$0
Bonnie J O'boyle (Trustee)	$17,806	$0

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990-PF

Filed on Oct. 19, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$2,198,597

Expenses

$2,347,660

Net Income

-$149,063

Net Assets

$41,523,260

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$858	0.0%
Interest Revenue	$0
Dividends	$913,550	41.6%
Sales of Assets	$1,262,441	57.4%
Other Income	$21,748	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,237,174	95.3%
Compensation of Officers*	$318,933	13.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$41,523,260
Total Liabilities	$0
Net Assets	$41,523,260

Compensation

Key Employees and Officers	Compensation	Other
Eugene Williams Esq (Executive Director)	$127,195	$27,144
Phila Trust Co Co Dean A Walters (Trustee)	$97,582	$0
Mary Jane Mannherz (Library Director)	$89,614	$14,902
Dana Barber (Associate Library Di)	$69,952	$6,995
Shirley Hickey (Youth Services Coord)	$59,386	$17,697
Steven Vitarelli (Technology Director)	$56,682	$20,093
Jane Frazer (Support Services & D)	$53,016	$11,243
Frederick Jm Lavalley Esq (Trustee)	$16,753	$0
Thomas F Praiss Ea Cfp Aep (Trustee)	$16,753	$0
Leonard N Snyder (Trustee)	$16,753	$0
Bonnie J O'boyle (Trustee)	$16,753	$0

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990-PF

Filed on Nov. 4, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$2,492,454

Expenses

$2,525,774

Net Income

-$33,320

Net Assets

$41,607,094

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$133	0.0%
Interest Revenue	$0
Dividends	$930,566	37.3%
Sales of Assets	$1,529,642	61.4%
Other Income	$32,113	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,407,177	95.3%
Compensation of Officers*	$274,665	10.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$41,607,095
Total Liabilities	$1
Net Assets	$41,607,094

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$2,387,167

Expenses

$2,359,972

Net Income

$27,195

Net Assets

$41,640,414

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$937,734	39.3%
Sales of Assets	$1,420,335	59.5%
Other Income	$29,098	1.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,230,274	94.5%
Compensation of Officers*	$281,773	11.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$41,640,415
Total Liabilities	$1
Net Assets	$41,640,414

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Grundy Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $2.77M (2023)

Expenses $3.89M (2023)

Total Assets $28.5M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$2.77M (2023)

Expenses

$3.89M (2023)

Total Assets

$28.5M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001