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Employer Identification Number 25-6902295

CORE PHILLY CHARITABLE TRUST 2098-00-11 is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:CORE PHILLY CHARITABLE TRUST 2098-00-11
Employer identification number (EIN):25-6902295
EIN TypeTrusts, Estates, and Non-Profit/Exempt Organizations under the Tax Equity and Fiscal Responsibility Act (TEFRA)
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE PURPOSE OF CORE PHILLY CHARITABLE TRUST IS TO RAISE FUNDS IN FORM OF AN ENDOWMENT FOR THE LONG-TERM SUPPORT OF A PROGRAM TO PROVIDE COLLEGE SCHOLARSHIPS TO GRADUATING, RESIDENT STUDENTS OF PHILADELPHIA PUBLIC, PAROCHIAL AND PRIVATE HIGH SCHOOLS. THE PROGRAM IS INTENDED TO BE BROAD BASED AND TO FOCUS UPON FUNDING WHICH MOST STUDENTS FACE, I.E. THE DEFICIENCY BETWEEN THE AGGREGATE EDUCATIONAL COSTS AND THE FUNDS WHICH ARE OTHERWISE AVAILABLE FROM THE STUDENT, HIS FAMILY AND INSTITUTIONAL AND GOVERNMENTAL PROGRAMS. THE PHILADELPHIA PUBLIC AND PAROCHIAL SCHOOLS AND ITS PRIVATE SCHOOLS CONTAIN A TREMENDOUS NUMBER OF STUDENTS OF LOWER MIDDLE INCOME FOR WHOM THIS FUND "GAP" EXISTS. THAT NEED WILL BE THE PRIMARY CRITERIA FOR THE AWARD OR SCHOLARSHIPS IN THE SCHOLARSHIP PROGRAM. THE TRUST ANTICIPATES ACCOMPLISHING ITS PURPOSE BY MAKING CONTRIBUTIONS TO PHILADELHIA COLLEGE OPPORTUNITY RESOURCES FOR EDUCATION ("CORE PHILLY"), WHICH IS AN EXEMPT PENNSYLVANIA NONPROFIT CORPORATION WHICH PRESENT
Number of Employees0
Year Formed2006

Organization Governance

Legal DomicilePA
Voting Members - Governing Body1
Voting Members - Independent0

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 2,509
Net unrelated business incomeUSD $ 254
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 328,073
Investment Income from current yearUSD $ 170,162
Other Revenue from prior yearUSD $ 44,201
Other Revenue from current yearUSD $ 89,499
Gross receipts from all sourcesUSD $ 1,124,453
Net assets / fund balances at end of fiscal yearUSD $ 4,657,824
Net assets / fund balances at beginning of fiscal yearUSD $ 4,651,966
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 4,657,824
Total assets at beginning of fiscal yearUSD $ 4,651,966
Revenues less expenses for current yearUSD $ 5,858
Revenues less expenses for previous yearUSD $ 132,322
Total expenses for current yearUSD $ 253,803
Total expenses for previous yearUSD $ 239,952
Other expenses in current yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 20,900
Employee salary and benefits paid in previous yearUSD $ 22,861
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 232,903
Grants and similar amounts paid in previous yearUSD $ 217,091
Total revenue in current fiscal yearUSD $ 259,661
Total revenue in previous fiscal yearUSD $ 372,274
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 89,499
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 107,300
Investment Income from current yearUSD $ 328,073
Other Revenue from prior yearUSD $ -20,828
Other Revenue from current yearUSD $ 44,201
Gross receipts from all sourcesUSD $ 688,931
Net assets / fund balances at end of fiscal yearUSD $ 4,651,966
Net assets / fund balances at beginning of fiscal yearUSD $ 4,519,644
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 4,651,966
Total assets at beginning of fiscal yearUSD $ 4,519,644
Revenues less expenses for current yearUSD $ 132,322
Revenues less expenses for previous yearUSD $ -147,298
Total expenses for current yearUSD $ 239,952
Total expenses for previous yearUSD $ 233,770
Other expenses in current yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 22,861
Employee salary and benefits paid in previous yearUSD $ 18,714
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 217,091
Grants and similar amounts paid in previous yearUSD $ 215,056
Total revenue in current fiscal yearUSD $ 372,274
Total revenue in previous fiscal yearUSD $ 86,472
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 44,201
2020-12-31
Total unrelated business incomeUSD $ 4,430
Net unrelated business incomeUSD $ 1,215
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 184,888
Investment Income from current yearUSD $ 107,300
Other Revenue from prior yearUSD $ 53,067
Other Revenue from current yearUSD $ -20,828
Gross receipts from all sourcesUSD $ 1,546,595
Net assets / fund balances at end of fiscal yearUSD $ 4,519,644
Net assets / fund balances at beginning of fiscal yearUSD $ 4,666,942
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 4,519,644
Total assets at beginning of fiscal yearUSD $ 4,666,942
Revenues less expenses for current yearUSD $ -147,298
Revenues less expenses for previous yearUSD $ -10,199
Total expenses for current yearUSD $ 233,770
Total expenses for previous yearUSD $ 248,154
Other expenses in current yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 18,714
Employee salary and benefits paid in previous yearUSD $ 15,166
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 215,056
Grants and similar amounts paid in previous yearUSD $ 232,988
Total revenue in current fiscal yearUSD $ 86,472
Total revenue in previous fiscal yearUSD $ 237,955
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ -20,828
2019-12-31
Total unrelated business incomeUSD $ 6,943
Net unrelated business incomeUSD $ 3,163
Program Service Revenue from current yearUSD $ 0
Investment Income from prior yearUSD $ 217,252
Investment Income from current yearUSD $ 184,888
Other Revenue from prior yearUSD $ -10,908
Other Revenue from current yearUSD $ 53,067
Gross receipts from all sourcesUSD $ 1,864,209
Net assets / fund balances at end of fiscal yearUSD $ 4,666,942
Net assets / fund balances at beginning of fiscal yearUSD $ 4,677,141
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 4,666,942
Total assets at beginning of fiscal yearUSD $ 4,677,141
Revenues less expenses for current yearUSD $ -10,199
Revenues less expenses for previous yearUSD $ -40,357
Total expenses for current yearUSD $ 248,154
Total expenses for previous yearUSD $ 246,701
Other expenses in current yearUSD $ 0
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 15,166
Employee salary and benefits paid in previous yearUSD $ 14,675
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 232,988
Grants and similar amounts paid in previous yearUSD $ 232,026
Total revenue in current fiscal yearUSD $ 237,955
Total revenue in previous fiscal yearUSD $ 206,344
Contributions and grants from current yearUSD $ 0
Total of other revenueUSD $ 53,067

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 256902295

USA Mailing Address
GLENMEDE TRUST CO NA 1650 MARKE
PHILADELPHIA
PA
191037391
Date first seen: 2020-11-11
Date last seen: 2023-11-10

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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