NonprofitsCore Philly Charitable Tr

Education

Core Philly Charitable Tr

PHILADELPHIA, PA

Total revenue

$784K

Total expenses

$267K

Net assets

$5.4M

Grants received

EIN

256902295

Tax year

2024

Mission

The 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

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$685K
Other revenue$98K
Total revenue$784K

Expenses

Grants paid$241K
Salaries & benefits
Fundraising
Other expenses$26K
Total expenses$267K
Total assets$5.4M
Net assets$5.4M

People

1 listed

NameRoleCompensation

THE GLENMEDE TRUST COMPANY NA

TRUSTEE

Board

$21K

5 hrs/wk

Details

EIN256902295
NTEE codeB82
Subsection03
Ruling date2007-06
Formed2006
Employees0
CORE PHILLY CHARITABLE TR — Mission, Financials & Grants Received | Grantivo