Sholley Foundation Inc
- Assets
- $0.0
- Revenue
- $46.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1947
- Data as of
- 04/2021
- EIN
- 04-6014010
Organization Overview
Sholley Foundation Inc is located in New York, NY. The organization was established in 1947. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sholley Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2021, Sholley Foundation Inc generated $46.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $144.6k during the year ending 04/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sholley Foundation Inc has awarded 177 individual grants totaling $436,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Moynagh Sholley Secretary/trustee | 2 | $6,700 | |
Peter Sholley Trustee | 1 | $0 | |
Lucinda Sholley Trustee | 1 | $0 | |
Mary Kathleen O'connell Treasurer/trustee | 2 | $0 | |
J Adam Sholley President/trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $55,681 |
| Profit on Inventory Sales | $0 |
| Other Income | $879 |
| Total Revenue | $46,365 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,700 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $32,607 |
| Contributions, gifts, grants paid | $112,000 |
| Total expenses and disbursements | $144,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $307 |
| Investments—mortgage loans | $0 |
| Investments—other | $614,045 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sholley Foundation Inc has awarded $112,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
New Bedford, MA PURPOSE: UNRESTRICTED GENERAL | $20,000 |
COMMONWEALTH SHAKESPEARE COMPANY INC PURPOSE: UNRESTRICTED GENERAL | $15,000 |
Dedham, MA PURPOSE: UNRESTRICTED GENERAL | $6,500 |
ST MICHAEL'S EPISCOPAL CHURCH PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Worcester, MA PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Boston, MA PURPOSE: UNRESTRICTED GENERAL | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sholley Foundation Inc has recieved totaling $1,800.
| Awarding Organization | Amount |
|---|---|
David J Beyda Memorial Foundation Lakewood, NJ PURPOSE: TO FURTHER THE GOALS SER OUT IN THE FOUNDATION'S CHARTER | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |