Gristmill Foundation
- Assets
- $259.3k
- Revenue
- $22.9k
- Investments
- $202.2k
- Employees
- 0
- Location
- Manhasset, NY
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 11-3433997
Organization Overview
Gristmill Foundation is located in Manhasset, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Gristmill Foundation 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 12/2022, Gristmill Foundation generated $22.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $26.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL SUPPORT OF ORGANZS THAT EDUCATE YOUNG PEOPLE
FINANCIAL SUPPORT OF INFANT MENTAL HEALTH ORGANIZATIONS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candida Cucharo President | 1 | $0 | |
Robert Spano Secretary | 1 | $0 | |
Mary Giordano Director | 1 | $0 | |
Stephen Cucharo Director | 1 | $0 | |
John Mckegney Treasurer | 1 | $0 | |
Howard Jurist Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57 |
| Dividends & Interest | $4,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,570 |
| Capital Gain Net Income | $18,570 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $22,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $704 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,664 |
| Total operating and administrative expenses | $5,553 |
| Contributions, gifts, grants paid | $21,200 |
| Total expenses and disbursements | $26,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,107 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $259,282 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $579 |
| Total liabilities | $579 |
Grants Awarded
Over the last fiscal year, Gristmill Foundation has awarded $21,200 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
NYS ASSOC FOR INFANT MENTAL HEALTH PURPOSE: SUPPORT FOR OPERATIONS | $7,000 |
ST MARY'S HEALTH CARE FOR CHILDREN PURPOSE: SUPPORT FOR OPERATIONS | $2,500 |
INNER-CITY SCHOLARSHIP FUND PURPOSE: SUPPORT FOR OPERATIONS | $2,700 |
HARMONY PROGRAM PURPOSE: SUPPORT FOR OPERATIONS | $1,000 |
ADVENTURES IN LEARNING PURPOSE: SUPPORT FOR OPERATIONS | $1,500 |
THE VISCARDI CENTER PURPOSE: SUPPORT FOR OPERATIONS | $5,000 |