Maurice Romy Foundation

BENSALEM, PA EIN: 20-4204376

Maurice Romy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENSALEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 13 grants totaling $138K. Net investment income was $266K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.5M

+1.3% YoY

Annual Giving

$138K

+8.7% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$11K

+17.1% YoY

Under IRS private-foundation payout rules, Maurice Romy Foundation reported a distributable amount of $193K for 2024 — the minimum it must pay out in qualifying distributions.

About Maurice Romy Foundation

Based on IRS filings

Maurice Romy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENSALEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 13 grants totaling $138K. Net investment income was $266K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BensalemCheltenhamChesterCollingdaleEast LansdowneFolcroftMortonPhiladelphiaSharon HillWillow Grove

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$151K$302K$453K$605K20202021202220232024
Metric202420232022
Total Assets$3,548,993$3,504,434$3,693,558
Revenue$329,229$84,267$163,801
Expenses$273,520$259,496$296,651
Qualifying Distributions$211,337$201,894$220,718
Net Investment Income$265,508$33,808$98,841
Distributable Amount$192,515$181,593$190,593

Giving Over Time

Total grant dollars and number of grants per year

$0$39K$77K$116K$154K11 grants202014 grants202112 grants202214 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST MARTIN OF TOURS CATHO…$15KCHILDREN'S SCHOLARSHIP F…$15KTHE DEPAUL CATHOLIC SCHOOL$15KDREXEL NEUMANN ACADEMY$14KFRANCIS SCOTT KEY ELEMEN…$10KMASTERY CHARTER SCHOOL C…$10KOUR LADY OF ANGELS CATHO…$10KMASTERY SCHOOL PASTORIUS…$10KMASTERY SCHOOL FREDERICK…$10KCROSSROADS ACCELERATED A…$10K

Grant Size Distribution

64 grants across all recorded years

64<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Martin of Tours Catholic School ($15,000), Children's Scholarship Fund Philadelphia ($15,000), The Depaul Catholic School ($15,000).

RecipientPurposeAmount
ST MARTIN OF TOURS CATHOLIC SCHOOL PHILADELPHIA, PAPHYSICAL BARRIERS ON$15,000
ST VERONICA SCHOOL PHILADELPHIA, PAIPHONE/CAMERA UNIT,$1,700
FRANCIS SCOTT KEY ELEMENTARY SCHOOL PHILADELPHIA, PAIMAC DESKTOP COMPUTERS FOR$10,000
CROSSROADS ACCELERATED ACADEMY PHILADELPHIA, PALEGO EDUCATION SPIKE PRIME$9,999
RICHARD WRIGHT SCHOOL PHILADELPHIA, PALEGO EDUCATION SPIKE$7,358
HORACE H FURNESS HIGH SCHOOL PHILADELPHIA, PASPHERO ROBOTS$9,931
DREXEL NEUMANN ACADEMY CHESTER, PADIGITAL ART PROGRAM FOR$14,000
CHILDREN'S SCHOLARSHIP FUND PHILADELPHIA PHILADELPHIA, PAELEMENTARY SCHOOL$15,000
MASTERY CHARTER SCHOOL CLYMER ELEMENTARY PHILADELPHIA, PAI-READY ONLINE SOFTWARE$10,000
OUR LADY OF ANGELS CATHOLIC SCHOOL MORTON, PAPURCHASE CHROMEBOOKS$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

AIDEN F FLATLEY JRPRESIDENT$25KEDWARD C FROELICH JRVICE PRESIDENT$25KCAROL SPENCECO-TRUSTEE$5KKIMBERLY O'DOHERTYCO-TRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
AIDEN F FLATLEY JRPRESIDENT4$24,800
EDWARD C FROELICH JRVICE PRESIDENT4$24,800
CAROL SPENCECO-TRUSTEE4$4,800
KIMBERLY O'DOHERTYCO-TRUSTEE4$4,800

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Maurice Romy Foundation?

Maurice Romy Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BENSALEM, PA. It holds $3.5M in total assets as of 2024.

How large is Maurice Romy Foundation?

As of 2024, Maurice Romy Foundation holds $3.5M in total assets with $329K in annual revenue. It awarded 13 grants totaling $138K in 2024.

Where does Maurice Romy Foundation operate?

Maurice Romy Foundation has awarded grants in Pennsylvania.

What size grants does Maurice Romy Foundation award?

In 2024, Maurice Romy Foundation awarded 13 grants totaling $138K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Maurice Romy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Maurice Romy Foundation reported a distributable amount of $193K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Maurice Romy Foundation's EIN?

Maurice Romy Foundation's EIN (Employer Identification Number) is 20-4204376. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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