Overview

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Est.

1972

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

PETER SPENCER FAMILY LIFE FOUNDATION INC is a nonprofit focused on economic development and youth services, with a mission to provide educational and cultural programs that enhance the quality of life for families in its communities. In filing year 2024, it operated on a $582.9K budget and generated $530.9K in total revenue, with support from funders including LONGWOOD FOUNDATION INC, CORNERSTONE WEST COMMUNITY DEV CORP, and WELFARE FOUNDATION INC.

Mission Statement

TO PROVIDE EDUCATIONAL AND CULTURAL PROGRAMS THAT ENHANCE THE QUALITY OF THE LIFE FOR FAMILIES IN OUR COMMUNITIES USING THE PRINCIPLES OF
Revenues
$530.9K
Expenses
$582.9K
Net Income:
-$52K
Assets
$346.8K
Liabilities
$96.2K
Net Assets:
+$250.5K
Operating Budget
$582.9K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$25K
Largest grant received
$50K
T
Thyra Brumskill
Board Member
A
Arthur M Ayres
Board Member
H
Henry Smith Iii
Board Member
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  • 5 funders
  • 14 board & team members
  • 4 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is PETER SPENCER FAMILY LIFE FOUNDATION INC’s budget?
In 2024, PETER SPENCER FAMILY LIFE FOUNDATION INC reported an annual operating budget of around $583 thousand. More detailed financial information is available to registered users.
What causes does PETER SPENCER FAMILY LIFE FOUNDATION INC support?
PETER SPENCER FAMILY LIFE FOUNDATION INC supports work in Economic development and Youth services.
Where does PETER SPENCER FAMILY LIFE FOUNDATION INC operate?
PETER SPENCER FAMILY LIFE FOUNDATION INC is headquartered in Wilmington, DE.
Who funded PETER SPENCER FAMILY LIFE FOUNDATION INC recently?
In 2024, PETER SPENCER FAMILY LIFE FOUNDATION INC received grants from WELFARE FOUNDATION INC, JPMORGAN CHASE FOUNDATION, and CORNERSTONE WEST COMMUNITY DEV CORP. More information on this organization’s funders is available to registered users.
What is the largest grant PETER SPENCER FAMILY LIFE FOUNDATION INC received in 2024?
The largest grant to PETER SPENCER FAMILY LIFE FOUNDATION INC in 2024 exceeds $50 thousand.
What is PETER SPENCER FAMILY LIFE FOUNDATION INC’s reliance on government grants?
PETER SPENCER FAMILY LIFE FOUNDATION INC relied on government grants for more than 15% of their total revenue in 2024.