Overview
What is Penn Foundation Trust?
Penn Foundation Trust is a nonprofit organization that accepts charitable contributions, grants, and donations. Its primary goal is to build and manage an endowment fund and other financial resources for the benefit of Penn Foundation, Inc. This support allows Penn Foundation, Inc. to fulfill its mission. One of the specific initiatives of Penn Foundation Trust is to establish a children's services director position and develop integrated care programs. By doing so, the Trust aims to enhance the overall capabilities and services for Penn Foundation, Inc., ultimately benefiting the community it serves.
Is Penn Foundation Trust legitimate?
Penn Foundation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn Foundation Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Penn Foundation Trust?
The Penn Foundation Trust is a charitable organization that receives donations, grants, and contributions with the primary objective of establishing, maintaining, and managing an endowment fund and other funds. This is done with the intention of benefitting Penn Foundation, Inc. The organization's activities include creating a children's services director position and developing integrated care programs. In essence, the Penn Foundation Trust serves as a platform to receive philanthropic support, which is then utilized to enhance the operations and services provided by Penn Foundation, Inc., particularly focusing on children's services and integrated care programs.
Who is the CEO of Penn Foundation Trust?
H Bruce Detweiler is the President of Penn Foundation Trust.
What is the revenue of Penn Foundation Trust?
Penn Foundation Trust's revenue in 2023 was $263,555.
Who are the executives of Penn Foundation Trust and what are their salaries?
There 5 volunteers at Penn Foundation Trust.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Penn Foundation Trust?
Penn Foundation Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Penn Foundation Trust
The Penn Foundation Trust, as a non-profit organization, is dedicated to receiving charitable contributions, grants, and donations with the primary objective of establishing, maintaining, and administering an endowment fund and other funds. This mission is intended to benefit Penn Foundation, Inc., a separate entity. By undertaking this task, the Penn Foundation Trust seeks to contribute to the betterment of its respective organization.
In addition to managing funds, the Penn Foundation Trust has also taken on the responsibility of creating a children's services director position within their organization. This role is likely to oversee and manage various children's programs and services, ensuring they are effectively executed and aligned with the organization's mission. Moreover, the Penn Foundation Trust is actively involved in the development of integrated care programs. These programs aim to provide a holistic and comprehensive approach to addressing various needs, likely encompassing healthcare, education, and social services. By implementing such programs, the Penn Foundation Trust aims to contribute positively to the well-being of its beneficiaries.
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Impact
October, 2024
Penn Foundation Trust plays a pivotal role in enhancing community well-being through its focus on securing charitable contributions, grants, and donations. These funds are essential in establishing and maintaining an endowment fund aimed at supporting various initiatives under Penn Foundation, Inc.
Significantly, the Trust's impact includes the creation of a children's services director position, which directly addresses the needs of young individuals and ensures they have access to vital resources and support. Additionally, the Trust is crucial in the development of integrated care programs, promoting holistic approaches to health and well-being for individuals and families in the community. By pooling financial resources and fostering collaboration, Penn Foundation Trust strengthens the overall capacity of the Penn Foundation, enhancing its ability to address pressing social issues in Sellersville, PA, and beyond.
This information is meant to be a general summary of Penn Foundation Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $259,524
- Gross Receipts: $1,327,603
Assets and Liabilities:
- Total Assets: $7,273,094
- Total Liabilities: $43,997
- Net Assets: $7,229,097
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Organization Details
Founding Year
2003
Phone
(215) 257-6551Principal Officer
H Bruce Detweiler
Main Address
807 LAWN AVENUE PO BOX 32, SELLERSVILLE, PA, 18960
NTEE Category
Code: T20 - Philanthropy
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