Form 990 for tax year 2022
Filed by PHILADELPHIA CLUB FOUNDATION INC.
Totals
- Total revenue
- $125,894
- Total expenses
- $142,138
- Contributions and grants received
- $48,633
- Grants paid
- $109,723
- Program service revenue
- $0
- Investment income
- $56,267
- Other revenue
- $20,994
- Total assets, end of year
- $809,809
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $809,809
- Program services expenses (Part IX)
- $119,549
- Management and general expenses
- $22,589
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $119,549
Program services were 84.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$48,633
-
3 · Investment income
total $56,267 · excluded $56,267
-
8a · Fundraising events: gross income
$102,500
-
8b · Fundraising events: direct expenses
$81,506
-
8c · Net income from fundraising events
total $20,994 · excluded $20,994
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $58,008 · program services $58,008
-
2 · Grants to domestic individuals
total $51,715 · program services $51,715
-
23 · Insurance
total $1,447 · management and general $1,447
-
24a · Other expenses: ADMINISTRATIVE
total $20,992 · management and general $20,992
-
24b · Other expenses: EDUCATION EXPENSES
total $9,826 · program services $9,826
-
24c · Other expenses: MISCELLANEOUS
total $150 · management and general $150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $82,251 · end of year $19,031
-
4 · Accounts receivable
beginning of year $31,611 · end of year $20,570
-
9 · Prepaid expenses and deferred charges
end of year $1,751
-
13 · Investments: program-related
beginning of year $844,511 · end of year $768,457
-
27 · Net assets without donor restrictions
beginning of year $958,373 · end of year $809,809
Mission and programs · 2022
Mission
THE PURPOSE OF PHILADELPHIA CLUB FOUNDATION INC IS I) TO HOST AN ANNUAL GOLF TOURNAMENT SPONSORED BY THE PHILADELPHIA AND NEW JERSEY CHAPTERS OF THE CLUB MANAGERS ASSOCIATION OF AMERICA IN ORDER TO RAISE FUNDS FOR MAKE-A-WISH FOUNDATION AND OTHER CHARITABLE ORGANIZATIONS II) TO FINANCIALLY SUPPORT EDUCATIONAL PROGRAMS FOR MEMBERS OF THE PHILADELPHIA CHAPTER OF THE CLUB MANAGERS ASSOCIATION OF AMERICA WHO ARE WORKING AS CLUB MANAGERS AND ASSISTANT MANAGERS IN ORDER TO FURTHER THE CLUB MANAGEMENT PROFESSION THROUGH CONTINUING EDUCATION PROGRAMS III) TO PROVIDE FINANCIAL ASSISTANCE TO STUDENTS INTERESTED IN THE CLUB AND/OR HOSPITALITY PROGRAMS, AND IV) PROMOTE THE CLUB MANAGEMENT PROFESSION THROUGH ACADEMIC PROGRAMS OFFERED BY COMMUNITY COLLEGES, TRADE SCHOOLS, CULINARY SCHOOLS AND UNIVERSITIES, BOTH IN PENNSYLVANIA AND IN OTHER STATES.
Activities or mission (Part I)
DEDICATED TO RAISING FUNDS TO PROVIDE FUNDING FOR MANAGERS IN OUR LOCAL CHAPTER WITH ASSISTANCE IN EDUCATION, THROUGH SCHOLARSHIPS AND GRANTS.
-
PROVIDE SCHOLARSHIPS TO SUPPORT EDUCATIONAL PROGRAMS FOR CLUB MANAGERS AND STUDENTS INTERESTED IN THE CLUB AND/OR HOSPITALITY FIELD.
Expenses $61,541 · Grants $51,715 · Revenue $43,460
-
HOLD AN ANNUAL GOLF OUTING TO RAISE MONEY FOR A CHARITABLE CONTRIBUTION TO THE MAKE-A-WISH FOUNDATION OF PHILADELPHIA.
Expenses $58,008 · Grants $58,008 · Revenue $59,040
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Joseph MendezJOSEPH MENDEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey P McFaddenJEFFREY P MCFADDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jon SchneiderJON SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob AnenROB ANEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly BradyKIMBERLY BRADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Paula KellyPAULA KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel LeaceRACHEL LEACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick WallerNICK WALLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janine BudziusJANINE BUDZIUS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Linda CozziLINDA COZZI
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Colin Mack-AllenCOLIN MACK-ALLEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
DONATION FOR NONPROFIT'S STATED CAUSE
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303149349304180
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