The Common Sense Fund Inc
- Assets
- $27.0m
- Revenue
- $2.3m
- Investments
- $23.8m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 13-3157570
Organization Overview
The Common Sense Fund Inc is located in Greenwich, CT. The organization was established in 1983. 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. Common Sense Fund 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 12/2021, Common Sense Fund Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 6.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Common Sense Fund Inc has awarded 267 individual grants totaling $15,398,398. 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
2021
Describe the Organization's Program Activity:
CONFERENCE CONVENED-EDUCATIONAL OPPORTUNITY FOR GRANTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Schwartz Trustee | 0 | $0 | |
Carolyn Schwartz Trustee | 0 | $0 | |
Adlyn S Loewenthal President | 0 | $0 | |
Debra Fram Trustee | 0 | $0 | |
Ted Loewenthal Secretary | 0 | $0 | |
Eric Schwartz Vp/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $525,485 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,760,047 |
| Capital Gain Net Income | $1,760,047 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$21,106 |
| Total Revenue | $2,264,426 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $87,972 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,402 |
| Printing and publications | $0 |
| Other expenses | $67,512 |
| Total operating and administrative expenses | $390,874 |
| Contributions, gifts, grants paid | $2,400,500 |
| Total expenses and disbursements | $2,791,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,623 |
| Savings and temporary cash investments | $1,314,156 |
| 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 | $7,286,303 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,761,698 |
| Total assets | $26,951,535 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Common Sense Fund Inc has awarded $2,400,500 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
San Francisco, CA PURPOSE: CONTRIBUTION TO A DONOR-ADVISED FUND ACCOUNT. | $150,000 |
ACADIA CENTER PURPOSE: TO SUPPORT THE ORGANIZATION'S COMMITTMENT TO BUILD CLEAN, LOW CARBON AND CONSUMER FRIENDLY ECONOMIES. CHARACTERIZED BY RELIABLE INFORMATION, COMPREHENSIVE ADVOCACY AND PROBLEM SOLVING THROUGH INNOVATION AND COLLABORATION. | $100,000 |
THE HESCHEL CENTER FOR SUSTAINABILITY PURPOSE: TO SUPPORT THE WORK OF THE HESCHEL CENTER SUSTAINABILITY IN ISRAEL IN THEIR WORK TO BUILD AND STRENGTHEN THE RAPIDLY GROWING SUSTAINAILITY MOVEMENT IN ISRAEL. | $100,000 |
Storrs Manfld, CT PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PROVIDE MUNICIPALITIES WITH A MENU OF COORDINATED, VOLUNTARY ACTIONS, TO CONTINUALLY BECOME MORE SUSTAINABLE; TO PROVIDE RESOURCES AND TOOLS TO ASSIST MUNICIPALITIES IN IMPLEMENTING SUSTAINABILITY ACTIONS AND ADVANCING THEIR PROGRAMS FOR THE BENEFIT OF ALL RESIDENTS; AND TO CERTIFY AND RECOGNIZE MUNICIPALITIES FOR THEIR ONGOING SUSTAINABILITY ACHIEVEMENTS. | $100,000 |
INSIDE CLIMATE NEWS PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION TO PRODUCE CLEAR, OBJECTIVE STORIES THAT GIVE THE PUBLIC AND DECISION-MAKERS THE INFORMATION THEY NEED TO NAVIGATE THE HEAT AND EMOTION OF CLIMATE AND ENERGY DEBATES. | $100,000 |
CAMBODIAN LIVING ARTS PURPOSE: TO SUPPORT THE MISSION OF CAMBODIAN LIVING ARTS TO FACILITATE THE TRANSFORMATION OF CAMBODIA THROUGH THE ARTS. THE ORGANIZATION WORKS IN COLLABORATION WITH OTHERS TO CREATE AN ENVIRONMENT WHERE CAMBODIAN ARTS EMPOWER AND TRANSFORM INDIVIDUALS AND COMMUNITIES. ENCOURAGING THE GROWTH OF ARTISTS AND THE ARTS COMMUNITY, BY PROMOTING AWARENESS OF THE ARTS, AND BY ADVOCATING FOR THE ARTS WITH CULTURAL POLICYMAKERS AND MAJOR INSTITUTIONS. IN DOING SO, WE AIM TO CREATE VALUE AND UNDERSTANDING OF WHAT IT MEANS TO BE CAMBODIAN AND TO CREATE A SENSE OF UNITY AND SHARED CULTURE. WE BELIEVE THAT THROUGH CREATIVITY WE CAN EACH EXPAND OUR POTENTIAL AS HUMAN BEINGS. | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Eastern Bank Charitable Foundation Lynn, MA | $286,575,476 | $18,352,628 |
G Harold And Leila Mathers Charitable Foundation Rye Brook, NY | $96,045,942 | $16,941,265 |
Elms Foundation Providence, RI | $0 | -$22,907 |
Thomas L Kempner Jr Foundation Inc Southampton, NY | $328,355,645 | $44,754,721 |