Financial Summary
For Fiscal 2023 (ending June 30, 2024), The Phyllis Recca Foundation finished the year with assets of $292,220. Expenses for the year totaled $64,483 of which $53,800 (82%) was for charitable grants and $1,183 (2%) for taxes, legal and accounting fees. Unfortunately we experienced fraud when one of our donation checks was stolen from the US Mail system and the amount and payee changed. These funds ($9,500, 14.7% of expenses) have since been recovered and will appear in next year's financials. Had this fraud not occurred the charitable grants percent would have been 98%.
Since its founding in 2000, the Phyllis Recca Foundation has donated $335,771 to The Children's Hospital of Philadelphia. An additional $228,851 has been donated to other organizations for education and community programs. Some of these organizations include:
American Friends of Lafayette
Angel Wings Kitty Sanctuary
Chadds Ford Historical Society
Chester County DAR
Barn at Spring Brook Farm
Friends of Barnard Station
Kennett Area Community Services
Kennett Heritage Center
Kennett Library
Kennett Underground Railroad
Locust Grove Schoolhouse renovation
Mansion House Foundation
Nemours Childrens Hospital
Sanderson Museum
Unionville Communty Fair