The Threshold Foundation
- Assets
- $7.5m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 5
- Location
- Brewster, NY
- Founding
- 08/1984
- Data as of
- 12/2023
- EIN
- 13-3028214
Organization Overview
The Threshold Foundation is located in Brewster, NY. The organization was established in 1984. According to its NTEE Classification (Q40) the organization is classified as: International Peace & Security, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2023, Threshold Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Threshold 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 12/2023, Threshold Foundation generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Threshold Foundation has awarded 394 individual grants totaling $15,455,050. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A JUST, JOYFUL,AND GENERATIVE WORLD BY RAISING AND DISTRIBUTING FUNDS FOR PHILANTHROPIC PURPOSES TO INNOVATIVE NON-PROFIT ORGANIZATIONS IN THE AREAS OF ENVIROMENTAL SUSTAINABILITY, CIVIC PARTICIPATION, AND SOCIAL JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROMOTES INNOVATIVE NON-PROFIT ORGANIZATIONS IN THE AREAS OF ENVIROMENTAL SUSTAINABILITY, CIVIC PARTICIPATION, AND SOCIAL JUSTICE THROUGH GRANTMAKING AND PRESENTATION OF EDUCATIONAL CONFERENCE.
THE FOUNDATION PROMOTES INNOVATIVE NON-PROFIT ORGANIZATIONS IN THE AREAS OF ENVIROMENTAL SUSTAINABILITY, CIVIC PARTICIPATION, AND SOCIAL JUSTICE THROUGH GRANTMAKING AND PRESENTATION OF EDUCATIONAL CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Graves Coo/fdn Dir | Officer | 40 | $145,000 |
Marsela Pecanac President | OfficerTrustee | 2 | $0 |
Josh Mailman Secretary | OfficerTrustee | 1 | $0 |
Karen Swift Formr Treasure | OfficerTrustee | 1 | $0 |
Emily Schwartz Board Member | Trustee | 1 | $0 |
Jim Gollin Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tides Foundation Management & Operation | 12/30/17 | $287,417 |
Cavallo Point Conference & Hospitality | 12/30/17 | $147,716 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $381,226 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,107,747 |
| Noncash contributions included in lines 1a–1f | $492,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,488,973 |
| Total Program Service Revenue | $240,561 |
| Investment income | $99,377 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $107,219 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,954,700 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,297,409 |
| 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. | $157,759 |
| Compensation of current officers, directors, key employees. | $72,755 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,324 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $36,632 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,283 |
| Fees for services: Accounting | $92,477 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,869 |
| Fees for services: Other | $22,496 |
| Advertising and promotion | $0 |
| Office expenses | $20,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $501 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $432,341 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,917 |
| All other expenses | $0 |
| Total functional expenses | $3,222,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,167,717 |
| Savings and temporary cash investments | $0 |
| 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 | $81,481 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,950,484 |
| Investments—other securities | $0 |
| Investments—program-related | $265,000 |
| Intangible assets | $0 |
| Other assets | $2,594 |
| Total assets | $7,467,276 |
| Accounts payable and accrued expenses | $169,361 |
| Grants payable | $0 |
| 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 | $4,622 |
| Total liabilities | $173,983 |
| Net assets without donor restrictions | $1,174,632 |
| Net assets with donor restrictions | $6,118,661 |
| 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 | $7,467,276 |
Grants Awarded
Over the last fiscal year, The Threshold Foundation has awarded $4,594,818 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
#WHILEBLACK PURPOSE: GENERAL SUPPORT | $25,000 |
ABENAKI HELPING ABENAKI PURPOSE: GENERAL SUPPORT | $30,800 |
ARTSXCHANGE PURPOSE: GENERAL SUPPORT | $41,414 |
AUDIT USA PURPOSE: FAIR ELECTIONS FUNDING | $40,000 |
BIOFUELWATCH PURPOSE: GENERAL SUPPORT | $85,000 |
COALITION FOR GOOD GOVERANCE PURPOSE: FAIR ELECTIONS FUNDING | $40,000 |