Pollock-Krasner Foundation Inc
- Assets
- $63.9m
- Revenue
- $11.3m
- Investments
- $49.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1985
- Data as of
- 06/2022
- EIN
- 13-3255693
Organization Overview
Pollock-Krasner Foundation Inc is located in New York, NY. The organization was established in 1985. 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. Pollock-Krasner 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 06/2022, Pollock-Krasner Foundation Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $6.4m during the year ending 06/2022. While expenses have increased by 1.6% 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 2015, Pollock-Krasner Foundation Inc has awarded 1,251 individual grants totaling $29,271,000. 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 |
|---|---|---|---|
Ronald Spencer Chairman | 40 | $354,988 | |
Samuel Sachs President | 20 | $193,084 | |
Kerrie Buitrago Executive V.P. | 40 | $302,296 | |
Caroline Black Executive V.P. | 40 | $163,458 | |
Beth Cochems-Budris Grants Manager | 40 | $127,193 | |
Jennifer Gillett Office Manager | 40 | $85,498 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Resnicow And Associates | 6/29/22 | $107,226 |
Earnest Partners Llc | 6/29/22 | $69,912 |
Westfield Capital Management | 6/29/22 | $60,718 |
Cbiz Investment Advisors | 6/29/22 | $48,873 |
Cooke & Bieler | 6/29/22 | $52,879 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,000 |
| Interest on Savings | $2,620 |
| Dividends & Interest | $1,377,633 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,583,195 |
| Capital Gain Net Income | $9,583,195 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $251,679 |
| Total Revenue | $11,270,127 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,013,826 |
| Other employee salaries and wages | $323,868 |
| Pension plans, employee benefits | $704,526 |
| Interest | $0 |
| Taxes | $269,454 |
| Depreciation | $99,533 |
| Occupancy | $149,337 |
| Travel, conferences, and meetings | $72,969 |
| Printing and publications | $1,415 |
| Other expenses | $494,392 |
| Total operating and administrative expenses | $3,702,469 |
| Contributions, gifts, grants paid | $2,715,000 |
| Total expenses and disbursements | $6,417,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,304,161 |
| Savings and temporary cash investments | $7,330,566 |
| 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 | $66,321 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,220,138 |
| Net Land, buildings, and equipment | $1,149,128 |
| Other assets | $2,379,358 |
| Total assets | $63,910,484 |
| 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 | $214,204 |
| Total liabilities | $214,204 |
Grants Awarded
Over the last fiscal year, Pollock-Krasner Foundation Inc has awarded $2,715,000 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
GIANLUCA CONCIALDI PURPOSE: GENERAL | $20,000 |
MARJORIE WELISH PURPOSE: GENERAL | $10,000 |
ROYA AMIGH PURPOSE: GENERAL | $30,000 |
ANTHONY AZIZCUCHER SAMUEL PURPOSE: GENERALGENERALGENERAL | $30,000 |
MIROSLAV ANTIC PURPOSE: GENERAL | $20,000 |
MALADO FRANCINE BALDWIN PURPOSE: GENERAL | $30,000 |