The Groff Family Memorial Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 236807121 ✦ Bala cynwyd, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Groff Family Memorial Trust?

The Groff Family Memorial Trust is a charitable organization based in Bala Cynwyd, Pennsylvania. With a focus on philanthropy, the trust primarily provides financial aid to the College of Physicians in Philadelphia. As a supporting organization, its sole mission is to fund and support this esteemed institution, contributing to its ongoing operations and initiatives. The trust's location at 333 E City Ave STE 300, Bala Cynwyd, PA 19004, underscores its commitment to this purpose.

Is The Groff Family Memorial Trust legitimate?

The Groff Family Memorial Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Groff Family Memorial 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Groff Family Memorial Trust?

The Groff Family Memorial Trust serves as a supporting organization, dedicated to providing financial assistance to the College of Physicians of Philadelphia. Its sole purpose is to offer cash grants to this supported organization, aiming to contribute to its ongoing operations and initiatives. The trust does not have a mission statement in the traditional sense, as its focus is purely on financial support for the College of Physicians.

Who is the CEO of The Groff Family Memorial Trust?

Kenneth J Weiss Md is the Trustee of The Groff Family Memorial Trust.

What is the revenue of The Groff Family Memorial Trust?

The Groff Family Memorial Trust's revenue in 2022 was $55,940.

Who are the executives of The Groff Family Memorial Trust and what are their salaries?


Here are 4 key members and their salaries:


Robert V Desilverio Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Goplerud (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rhonda L Soricelli Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth J Weiss Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Groff Family Memorial Trust?

The Groff Family Memorial Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Groff Family Memorial Trust

The Groff Family Memorial Trust is an organization with a singular mission. Established with the purpose of providing financial support, this trust serves as a benefactor to the College of Physicians of Philadelphia. Its role is to contribute funds to this supported organization, thereby aiding in its ongoing operations and initiatives. The trust's primary objective is to contribute financially to the College of Physicians, ensuring its continued growth and success.

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Impact




October, 2024

The Groff Family Memorial Trust significantly impacts the College of Physicians of Philadelphia by providing essential financial support through cash grants. By funneling resources to this esteemed institution, the Trust enhances its ability to carry out its mission in the medical and public health fields. This financial backing not only helps to maintain programs but also fosters research, education, and community engagement initiatives that are vital to advancing healthcare and improving public health outcomes. Ultimately, the Trust's contributions play a crucial role in strengthening the resources available for medical professionals and the broader community in Philadelphia.




This information is meant to be a general summary of The Groff Family Memorial 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.

Revenue
$55,940 (2022)
Expenses
$76,205 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $55,940
  • Gross Receipts: $93,469

Assets and Liabilities:

  • Total Assets: $743,469
  • Total Liabilities: $0
  • Net Assets: $743,469

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Organization Details

Founding Year

1985

Principal Officer

Kenneth J Weiss Md

Main Address

333 E CITY AVE STE 300, BALA CYNWYD, PA, 19004

NTEE Category

Code: T00 - Philanthropy

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