Public Charity

THE DRUMTHWACKET FOUNDATION INC

THE DRUMTHWACKET FOUNDATION INC is a Public Charity headquartered in PRINCETON, NJ. Financial data from the 2024 filing: $2.7M revenue, $1.8M expenses, $10.6M total assets. 22 publicly reported grants to this organization, totaling roughly $507K, appear in IRS filings.

EIN: 222429563 PRINCETON, NJ Latest filing: 2024
Total Revenue$2.7M
Total Expenses$1.8M
Total Assets$10.6M
Grant Records22
Funding Total$507K
Filing Years2020–2024

Mission

TO INSPIRE PRIDE AND ENHANCE CIVIC AWARENESS FOR ALL NEW JERSEYANS BY RESTORING THE HISTORIC DRUMTHWACKET PROPERTY, THE OFFICIAL RESIDENCE ON NJ GOVERNORS, AND BY EDUCATIONAL ACTIVITIES THAT RECOGNIZE THE RICH DIVERSITY AND ONGOING CONTRIBUTIONS OF NEW JERSEY'S COMMUNITIES AND IT'S RESIDENTS.

Where $100 goes at The Drumthwacket Foundation Inc

How The Drumthwacket Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$75 Programs the work itself
$10 Management running the organization
$15 Fundraising raising the next dollar

Inside the $75 for programs

$75
1.Facility projects - expenses incurred to promote public interest in drumthwacket and to support its restoration and renovations.2.Discover drumthwacket field trip program - the goals of the discover…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Amy Cradic
Trustee Aquatia Owens
Trustee Braxton Plummer
Vice President David Pascrell
Trustee Dennis Drazin
Trustee Dr Balpreet Grewal-Virk

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$267,250 13 grants
Fundraising & Sponsorship
$125,000 4 grants
Arts & Culture
$85,000 3 grants
Education
$25,000 1 grant
Human & Social Services
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $1.8M $10.6M
2023 $1.2M $1.2M $9.6M
2022 $1.4M $920K $9.4M
2021 $1.2M $857K $8.2M
2020 $1.6M $594K $7.9M

Between 2020 and 2024, reported annual revenue grew from $1.6M to $2.7M (+70%), with total assets most recently reported at $10.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for THE DRUMTHWACKET FOUNDATION INC

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