Jacob & Valeria Langeloth Foundation
- Assets
- $0.0
- Revenue
- $8.2m
- Investments
- $78.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1975
- Data as of
- 12/2020
- EIN
- 13-1773646
Organization Overview
Jacob & Valeria Langeloth Foundation is located in New York, NY. The organization was established in 1975. 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. Jacob & Valeria Langeloth 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 12/2020, Jacob & Valeria Langeloth Foundation generated $8.2m 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 (6.0%) each year. All expenses for the organization totaled $29.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Jacob & Valeria Langeloth Foundation has awarded 385 individual grants totaling $68,252,490. 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 |
|---|---|---|---|
Scott Moyer President | 40 | $235,417 | |
Andrea Fionda Program Officer | 40 | $168,795 | |
Melissa Houston Grants & Admin. | 40 | $86,372 | |
Carmen Nevarez MD Chairman | 3 | $0 | |
Faith Mitchell Director | 3 | $0 | |
Ed Ehlinger Director | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Glenmede Trust Co | 12/30/21 | $191,631 |
First Manhattan Co | 12/30/21 | $86,391 |
Harriet Barlow | 12/30/21 | $52,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $96,278 |
| Dividends & Interest | $1,053,637 |
| Profit on Inventory Sales | $0 |
| Other Income | -$267,638 |
| Total Revenue | $8,210,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $205,000 |
| Pension plans, employee benefits | $139,146 |
| Depreciation | $0 |
| Occupancy | $82,723 |
| Travel, conferences, and meetings | $3,726 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,445,358 |
| Contributions, gifts, grants paid | $28,353,687 |
| Total expenses and disbursements | $29,799,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,329,567 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Jacob & Valeria Langeloth Foundation has awarded $22,562,084 in support to 123 organizations.
| Grant Recipient | Amount |
|---|---|
NEO PHILANTHROPY FOR STATE INFRASTRUCTURE FUND (SIF) PURPOSE: CIVIC ENGAGEMENT FUND | $3,500,000 |
NEO PHILANTHROPY FOR STATE INFRASTRUCTURE FUND (SIF) PURPOSE: CIVIC ENGAGEMENT FUND | $2,350,000 |
HEARTLAND FUND CO WINDWARD FUND PURPOSE: CIVIC ENGAGEMENT FUND | $1,500,000 |
HEARTLAND FUND CO WINDWARD FUND PURPOSE: CIVIC ENGAGEMENT FUND | $1,450,000 |
SAN FRANCISCO PUBLIC HEALTH FOUNDATION FOR TRANSITION CLINIC PURPOSE: CORE GRANT-PROJECT SUPPORT | $599,999 |
NEO PHILANTHROPY FOR STATE INFRASTRUCTURE FUND (HDHP) PURPOSE: CIVIC ENGAGEMENT FUND | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |
The Heinz Endowments Pittsburgh, PA | $0 | $54,378,087 |
Zoom Foundation Greenwich, CT | $956,305,373 | $176,914,821 |
Fidelity Foundation Boston, MA | $2,530,107,332 | $803,389,715 |
Klarman Family Foundation Boston, MA | $754,784,032 | $145,872,662 |
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 |