MONTGOMERY COUNTY FOUNDATION INC

EIN: 233070457 501(c)(3) Public & Societal Benefit

BLUE BELL, PA

Total Revenue
$1,101,432
Total Expenses
$1,156,606
Total Assets
$8,354,757
Net Assets
$7,781,207
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
PA
Principal Officer
VIRGINIA FRANTZ
Phone
4845327387
Tax Period
2025-01-01 to 2025-12-31

MONTGOMERY COUNTY FOUNDATION INC, founded in 2001, is a community nonprofit in the Public & Societal Benefit sector that reported $1.1M in total revenue in fiscal year 2025. Net assets of $7.8M represent 85 months of operating reserves.

Mission

TO DEVELOP, RECEIVE, ADMINISTER AND MANAGE, UNDER COMMUNITY CONTROL, FUNDS RECEIVED FROM PUBLIC AND PRIVATE SOURCES AND DISTRIBUTE THEM FOR CHARITABLE PURPOSES, PRIMARILY TO MEET LOCAL NEEDS.

Program Service Accomplishments

Program 1
Expenses: $964,733 Revenue: $39,638

THE FOUNDATION COLLECTS AND DISTRIBUTES FUNDS TO ASSIST A WIDE RANGE OF COMMUNITY NEEDS THAT INCLUDE EDUCATION, HEALTH AND HUMAN SERVICES AND CULTURAL GROUPS SERVING RESIDENTS OF MONTGOMERY COUNTY...

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THE FOUNDATION COLLECTS AND DISTRIBUTES FUNDS TO ASSIST A WIDE RANGE OF COMMUNITY NEEDS THAT INCLUDE EDUCATION, HEALTH AND HUMAN SERVICES AND CULTURAL GROUPS SERVING RESIDENTS OF MONTGOMERY COUNTY. AS WELL AS ASSISTING DONORS TO ESTABLISH PERMANENT ENDOWMENT FUNDS, THE FOUNDATION ACCEPTS DONATIONS OF ALL SIZES TO ADDRESS ISSUES IN THE COMMUNITY. THE FOUNDATION IS A COMMUNITY FOUNDATION AND HAS TAKEN ON THE ROLE OF 'A CATALYST FOR COMMUNITY SOLUTIONS' BY CONVENING INDIVIDUALS, AGENCIES AND GROUPS TO STRENGTHEN COMMUNITIES TO ADDRESS THOSE NEEDS.THE FOUNDATION PROVIDES EDUCATIONAL PROGRAMS TO STAFF AND BOARD MEMBERS OF NON-PROFITS TO ENHANCE THEIR CAPACITY. THESE PROGRAMS ADDRESS ORGANIZATIONAL ISSUES, FINANCIAL ISSUES AND OTHER CURRENT TOPICS CRITICAL TO THE OPERATIONS OF NON-PROFIT ORGANIZATIONS.BUILDING STRONG COMMUNITIES AND ASSISTING THOSE MOST IN NEED IS POSSIBLE ONLY THROUGH DONATIONS FROM THOSE WHO WANT TO MAKE A DIFFERENCE.THE FOUNDATION SUPPORTS THE NON-PROFIT COMMUNITY THROUGH GRANTS AND AS FOLLOWS:WE REGULARLY ASSIST DONORS IN ACHIEVING THEIR PHILANTHROPIC GOALS BY PROVIDING EDUCATION ABOUT ISSUES, NON-PROFITS, THE BEST OPTIONS FOR MAKING A DIFFERENCE IN THE COMMUNITY.WE PROVIDE MONTHLY EDUCATIONAL PROGRAMS FOR NON-PROFIT STAFF AND BOARDS ASSISTING THEM WITH INFORMATION ABOUT ISSUES THEY ARE FACING. THESE PROGRAMS ARE PROVIDED AT NO CHARGE AND TOPICS INCLUDE FUNDRAISING, ACCOUNTING, CYBER ISSUES, AND OTHER IMPORTANT TOPICS.WE SPONSOR YOUR WAY HOME, A CONTINUING COLLABORATION WITH MONTGOMERY COUNTY, OTHER FOUNDATIONS, NON-PROFIT HOUSING AGENCIES, AND OTHERS TO MAKE HOMELESSNESS RARE, BRIEF, AND NON-RECURRING. THIS INCLUDES WORKING TO CHANGE THE SYSTEM THAT ASSISTS PEOPLE WHO ARE HOMELESS OR ABOUT TO BE HOMELESS. THE NEW SYSTEM WILL LEAD TO SUCCESSFUL SOLUTIONS TO THE ISSUES AND WITH MORE PERMANENT AND QUICKER RESULTS.DURING THE THREE-YEAR COVID PANDEMIC, WE PROVIDED THE NONPROFITS WITH COACHES AND SOFTWARE TO TEACH THEIR STAFF HOW TO INCREASE THEIR FUNDING - THIS WAS A HIGHLY SUCCESSFUL PUBLIC PRIVATE PARTNERSHIP.DURING THE THREE-YEAR COVID PANDEMIC, WE WORKED WITH OTHERS TO RAISE OVER $1,000,000 TO ASSIST NONPROFITS CONTINUING TO SERVE THOSE MOST IN NEED.WE FUNDED LOCAL RESEARCH PROJECTS IN COLLABORATION WITH OTHER FUNDERS TO IDENTIFY COMMUNITY NEEDS. THE RESULTS OF THOSE RESEARCH PROJECTS OFTEN RESULT IN THE UNDERTAKING OF CATALYST FOR COMMUNITY SOLUTIONS PROJECTS LIKE THE HUMAN SERVICES RESOURCE DIRECTORY. THIS PROJECT WAS DEVELOPED AND IMPLEMENTED BY THIS FOUNDATION TO PROVIDE CURRENT INFORMATION TO THOSE IN NEED OF SERVICES AND IS NOW LINKED WITH A CALL CENTER AND ONLINE ACCESS AT WWW.211SEPA.ORG.THE FOUNDATION RECEIVED A GRANT FROM ATLANTIC PHILANTHROPIES FOR A 4-YEAR PERIOD TO PROVIDE CIVIC ENGAGEMENT SUPPORT TO A PROGRAM FOR ADULTS 60+, GIVING THEM OPPORTUNITIES TO VOLUNTEER WITH LOCAL NONPROFITS USING THEIR SKILLS TO MAKE AN IMPACT.CREATIVE MONTCO WAS A PARTNERSHIP BETWEEN THE FOUNDATION, INDIVIDUALS, GOVERNMENT, FOUNDATIONS, CORPORATIONS, AND OTHERS, TO COMPLETE A RESEARCH PROJECT TO DEVELOP A 10-YEAR PLAN FOR ARTS AND CULTURE FOR MONTGOMERY COUNTY. THE PROJECT IS IN IMPLEMENTATION PHASE CURRENTLY AND INVOLVED APPROXIMATELY 100 VOLUNTEERS, INDICATING TREMENDOUS COMMUNITY SUPPORT.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $906,229
Program Service Revenue $0
Investment Income $176,836
Other Revenue $18,367
TOTAL REVENUE $1,101,432

Expense Breakdown

Grants Paid $356,698
Salaries & Benefits $514,165
Fundraising Expenses $39,973
Program Expenses $964,733
Other Expenses $285,743
TOTAL EXPENSES $1,156,606

Year-over-Year Comparison

2025 2024 Change
Revenue $1,101,432 $1,113,162 0.0%
Expenses $1,156,606 $1,029,555 +0.1%
Net Income $-55,174 $83,607 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$288,834
Total Directors
12
$288,834
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA FRANTZ PRESIDENT AND CEO 40.00
Officer Director
$129,202 $29,824 $159,026
CINDY DICCIANNI RN CHFC CSA CLTC VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
DR THURMAN D BOOKER SECRETARY 1.00
Officer Director
$0 $0 $0
SHEILA D STITH CSA TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM G TONER CO-CEO 1.00
Officer Director
$129,808 $0 $129,808
DR A KIRK FIELD BOARD MEMBER 1.00
Director
$0 $0 $0
CATHERINE M HARPER ESQ CHAIRPERSON 1.00
Officer Director
$0 $0 $0
GERALD E GORSKI BOARD MEMBER 1.00
Director
$0 $0 $0
MARSHA B BOLDEN ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN RULE ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA M FARNSWORTH CFA BOARD MEMBER 1.00
Director
$0 $0 $0
JOSEPH ST PEDRO CEO BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,101,432 $1,156,606 $8,354,757 $-55,174
2024 $1,113,162 $1,029,555 $7,713,861 $83,607
2023 $1,940,090 $1,022,291 $7,333,542 $917,799
2022 $845,541 $1,098,092 $5,786,273 $-252,551
2021 $2,066,247 $1,197,230 $6,846,904 $869,017
2020 $2,095,255 $2,087,852 $5,743,180 $7,403
2019 $1,010,606 $1,103,990 $5,097,707 $-93,384
2018 $949,305 $922,763 $4,520,630 $26,542
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