Catherine D Sharpe Charitable Trust
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SUPPORTING ORGANIZATION OF DESIGNATED 501(C)(3) ORGANIZATIONS.
- Income
- $1.8 million
- Spending
- $1.6 million
- Spent on programs
- 86%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 100%
- Employees
- 0
- Highest pay
- $201,688, institutional trustee
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 8% of income.
Income trend
15 of 15Income rose 6% on the year before.
Spending floor
15 of 1586% of spending went to programs.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 35 out of 100.
Independent board
0 of 250 of 0 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
0 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $273,801 spent. Penn Neurosurgical Research Institute
- $239,474 spent. PRINCETON UNIVERSITY SCHOLARSHIP AID
- $239,474 spent. THE WHARTON SCHOOL OF THE UNIVERSITY OF PENNSYLVANIA FOR SCHOLARSHIP AID TO CANDIDATES FROM SOUTHEASTERN PENNSYLVANIA UNDER THE SHARPE SCHOLARSHIP PROGRAM FOR SHARPE SCHOLARS.
- THE PENNSYLVANIA HOSPITAL EXPENSES 69,412.74. INCLUDING GRANTS OF 69,412.74. REVENUE 0. THE ACADEMY OF NATURAL SCIENCES FOR THE MAINTENANCE AND EXPANSION OF ITS REFERENCE LIBRARY AND FOR THE EXTENSION OF ITS TEACHING PROGRAM AND RESEARCH FACILITIES. EXPENSES 138,825.48 INCLUDING GRANTS OF 138,825.48 REVENUE 0. THE FRANKLIN INSTITUTE WITH THE SUGGESTION FOR USE BY THE MUSEUM EDUCATION DEPT IN FURTHERANCE OF GROUP VISITATIONS AND INSTRUCTION FOR SCHOOL AGE CHILDREN TO ENCOURAGE INTEREST IN ENGINEERING AND SCIENCE. EXPENSES 138,825.48 INCLUDING GRANTS OF 138,825.48. REVENUE 0. THE SALVATION ARMY FOR THE PENNSYLVANIA DIVISION. EXPENSES 69,412.74 INCLUDING GRANTS OF 69,412.74. REVENUE 0. THE SEEING EYE FOR GENERAL SUPPORT.
- EXPENSES 69,412.74. INCLUDING GRANTS OF 69,412.74 REVENUE 0. BRYN MAWR HOSPITAL WITH THE SUGGESTION THAT THE INCOME BE EXPENDED ONE HALF FOR THE PURCHASE OF XRAY AND RELATED EQUIPMENT AND ONE HALF FOR MAINTENANCE OF THE PORTION OF THE HOSPITAL BUILDINGS, HOUSING THE LABORATORY XRAY AND OUT PATIENT DEPARTMENTS, AND WITH THE FURTHER SUGGESTION THAT ANY PORTION OF THE GRANT WHICH CANNOT BE USED PROFITABLY USED FOR SUCH PURPOSES MAY BE EXPENDED FOR THE GENERAL OPERATING EXPENSES OF THE HOSPITAL. EXPENSES 69,412.74. INCLUDING GRANTS OF 69,412.74. REVENUE 0. DIVERSIFIED COMMUNITY SERVICES EXPENSES 69,412.74. INCLUDING GRANTS OF 69,412.74. REVENUE 0. THE SHARPE STRUMIA RESEARCH FOUNDATION EXPENSES 43,382.96.INCLUDING
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1978.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.