Catherine D Sharpe Charitable Trust FY2020 filing

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Supporting organization of designated 501(c)(3) organizations.

501(c)(3) charity; gifts are tax-deductible.
58¢ of each $1 spent went to programs.
$181K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $50K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
58%
of spending
Worth a look: 58% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$181K
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
9 mo
of spending, in cash
Plus $29.3M in investments, Pt X · Ln 11–13
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
1
of 1 voting members
Looks good: 1 of 1 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$991K
Spent
$2.2M
To programs
58%
Net assets
$31.0M
By yearFY2020–FY2025
Revenue
$991K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$991K
FY2021$2.3M
FY2022$1.0M
FY2023$2.3M
FY2024$1.7M
FY2025$1.8M
Expenses
$2.2M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.2M
FY2021$1.5M
FY2022$1.6M
FY2023$1.7M
FY2024$1.7M
FY2025$1.6M
Net assets
$31.0M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$31.0M
FY2021$31.4M
FY2022$30.8M
FY2023$33.0M
FY2024$32.0M
FY2025$30.1M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 1978.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

58 cents of each dollar spent went to programs.

Program services 58% · $1.3M Management & general 42% · $935K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $181K paid to officers and key staff.

Part VII, Section A · reportable compensation
Institutional Trustee
$180,868Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Haverford Trust Company$201,688$194,643$185,257$191,898$200,184$180,868

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Catherine D Sharpe Charitable Trust executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides administrative and financial support to other charities.

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Provided by the organization

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3 programs · $634K · in their own filed words · FY2020
01

Pennsylvania Hospital, Department of Neurosurgery

Provides primary support for research for the sharpe spine biomechanics laboratory.

$254Kprogram expense
02

The Wharton School of the University of Pennsylvania

For scholarship aid to candidates from southeastern pennsylvania under the sharpe scholarship program for sharpe scholars.

$190Kprogram expense
03

Princeton University

For scholarship aid to candidates from southeastern pennsylvania

$190Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 62 grants · $21.2M · 2020–2025
The Franklin InstitutePA · FY2025$138,825
Bryn Mawr Hospital C0 Mlh FinancePA · FY2025$69,413
The Seeing Eye INCNJ · FY2025$69,413
The Salvation ArmyNY · FY2025$69,413
The Franklin InstitutePA · FY2024$130,022
Bryn Mawr Hospital C0 Mlh FinancePA · FY2024$65,011
See all 62 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$991K
Ln 12
Investment incomeLn 3$991K
Money outPt IX
$2.2M
Ln 25
Programscol B$1.3M
Managementcol C$935K
Owns and owesPt X
$31.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$31.0M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$991K
Gains on assetsLn 7$253K
Total revenueLn 12$991K
Assets in detailPt X, end of year
SavingsLn 2$1.7M
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$29.3M
Total assetsLn 16$31.0M
LiabilitiesLn 26$0
Net assetsLn 32$31.0M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.1M$1.7M
InvestmentsLn 11–13$30.1M$29.3M
Total assetsLn 16$32.2M$31.0M
LiabilitiesLn 26$0$0
Net assetsLn 32$32.2M$31.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.3M$1.3M
Investment management feesLn 11f$181K$181K
Other fees for servicesLn 11g$8K$8K
Other expenses (24a–d)Ln 24$746K$746K
Total functional expensesLn 25$2.2M$1.3M$935K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.8M$1.6M$142K$30.1M 990 PDF
FY2024 $1.7M$1.7M−$55K$32.0M 990 PDF
FY2023 $2.3M$1.7M$587K$33.0M 990 PDF
FY2022 $1.0M$1.6M−$605K$30.8M 990 PDF
FY2021 $2.3M$1.5M$845K$31.4M 990 PDF
FY2020 Viewing $991K$2.2M−$1.2M$31.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $991,409 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,896,018$991,409
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,896,018$991,409
I-13 Grants and similar amounts paidPrior year $1,268,270$1,268,270
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $260,639$934,643
I-18 Total expensesPrior year $1,528,909$2,202,913
I-19 Revenue less expensesPrior year $1,367,109−$1,211,504
Part VI · Governance 1 of 1 board members independent, 3 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $991,409 across 3 lines filed
VIII-3 Investment incomeRelated to mission $738,523$738,523
VIII-7 Net gain or loss on sales of assetsRelated to mission $252,886$252,886
VIII-12 Total revenueRelated to mission $991,409 · Unrelated business $0 · Excluded from tax $0$991,409
Part IX · Statement of functional expenses $2,202,913 across 4 lines filed
IX-1 Grants to domestic organizationsPrograms $1,268,270$1,268,270
IX-11f Investment management feesManagement $180,868$180,868
IX-11g Other fees for servicesManagement $7,944$7,944
IX-24 Other expenses (24a–d)Management $745,831$745,831
IX-25 Total functional expensesPrograms $1,268,270 · Management $934,643 · Fundraising $0$2,202,913
Part X · Balance sheet $30,983,903 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $2,104,986$1,672,040
X-11 Publicly traded securitiesStart of year $25,439,871$26,138,061
X-12 Other securitiesStart of year $4,650,068$3,173,802
X-16 Total assetsStart of year $32,194,925$30,983,903
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $32,194,925$30,983,903
X-33 Total liabilities and net assetsStart of year $32,194,925$30,983,903
Part XI · Reconciliation of net assets $30,983,903 net assets at year end
XI-1 Total revenue$991,409
XI-2 Total expenses$2,202,913
XI-3 Revenue less expenses−$1,211,504
XI-4 Net assets at start of year$32,194,925
XI-8 Prior period adjustments$482
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$30,983,903

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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