G Fred Dibona Jr Memorial Foundation

Analysis

G Fred Dibona Jr Memorial Foundation is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, G Fred Dibona Jr Memorial Foundation reported income of $1.5m and spending of $1.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+8.1%), an average of +2.0% a year. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, G Fred Dibona Jr Memorial Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Mount Kisco Interfaith Food Pantry Inc ($1.5m), Liberty Healthcare System Foundation Inc ($1.5m) and Maury Regional Healthcarefoundation ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $415k. At year end it held assets of $5.0m against liabilities of $54k, net assets of $5.0m. It reported 5 employees.