Scriven Foundation
- Assets
- $260.4m
- Revenue
- $38.9m
- Investments
- $180.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1976
- Data as of
- 12/2022
- EIN
- 13-2865735
Organization Overview
Scriven Foundation is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scriven 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, Scriven Foundation generated $38.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $11.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Scriven Foundation has awarded 313 individual grants totaling $88,581,121. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO OTSEGO COUNTY, NY BASED CHARITIES
Describe the Organization's Program Activity:
CONTRIBUTIONS TO CHARITIES AND SUPPORT FOR THE MARY IMOGENE BASSETT HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane F Clark President/director | OfficerTrustee | 0.1 | $0 |
Terry T Fulmer Director | Trustee | 0.1 | $0 |
Edward Gozigian ESQ Director | Trustee | 0.1 | $0 |
Stephen M Duff Vice President/director | OfficerTrustee | 0.1 | $0 |
Charles B Kieler Director | Trustee | 0.1 | $0 |
J Michael Moffat Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $38,913,850 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$39,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,874,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,552,048 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,734,026 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,578 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,636 |
| Insurance | $31,456 |
| All other expenses | $128 |
| Total functional expenses | $11,418,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,663,519 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $254,976 |
| Investments—publicly traded securities | $44,987,697 |
| Investments—other securities | $180,485,604 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,391,796 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $4,958,571 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,958,571 |
| Net assets without donor restrictions | $255,433,225 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $260,391,796 |
Grants Awarded
Over the last fiscal year, Scriven Foundation has awarded $8,545,448 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT FOR ITS OPERATIONS IN OTSEGO COUNTY | $7,500 |
BUTTERNUT VALLEY ARTS & CRAFTS CENTER INC PURPOSE: ROOFING REPAIRS | $26,500 |
CATHOLIC CHARITIES OF DELAWARE OTSEGO AND SCHOHARIE COUNTIES PURPOSE: GENERAL SUPPORT | $35,000 |
CATSKILL AREA HOSPICE AND PALLIATIVE CARE INC (DBA HELIOS CARE) PURPOSE: GENERAL SUPPORT | $50,000 |
COOPERSTOWN ART ASSOCIATION PURPOSE: GENERAL SUPPORT | $50,000 |
COOPERSTOWN CONCERT SERIES INC PURPOSE: GENERAL SUPPORT | $8,000 |