Pells-Mayton Foundation Inc
- Assets
- $696.1k
- Revenue
- $11.4k
- Investments
- $650.8k
- Employees
- 0
- Location
- Scarsdale, NY
- Founding
- 06/1984
- Data as of
- 12/2023
- EIN
- 13-3187866
Organization Overview
Pells-Mayton Foundation Inc is located in Scarsdale, NY. The organization was established in 1984. 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. Pells-Mayton Foundation 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 12/2023, Pells-Mayton Foundation Inc generated $11.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $43.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION ONLY MAKES CONTRIBUTIONS TO PRE-SELECTED CHARITABLE 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 |
|---|---|---|---|
Gladys Parker Treasurer | 1 | $0 | |
Kim Marie Parker President | 20 | $26,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,950 |
| Dividends & Interest | $27,952 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,538 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $46 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,717 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $36,317 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $43,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $45,274 |
| 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 | $696,058 |
| 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, Pells-Mayton Foundation Inc has awarded $7,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CALVARY HOSPITAL FUND PURPOSE: CHARITABLE | $2,000 |
DAMON RUNYON CANCER RESEARCH PURPOSE: CHARITABLE | $2,000 |
ST JUDES CHILDRENS HOSPITAL PURPOSE: CHARITABLE | $1,000 |
AMERICAN INSTITUE FOR CANCER RESEARCH PURPOSE: CHARITABLE | $2,000 |