Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose
- Assets
- $23.1m
- Revenue
- $1.6m
- Investments
- $21.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 13-3585674
Organization Overview
Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose 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, Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose generated $1.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. While expenses have increased by 6.8% per year over the past 4 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 2020, Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose has awarded 11 individual grants totaling $4,846,316. 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 |
|---|---|---|---|
Citibank N A Trustee, As Required | 0 | $99,732 | |
Howard G Seitz Co-Ttee, As Required | 0 | $17,091 | |
Archdiocese Of New York Co-Ttee, As Required | 0 | $17,091 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $586,085 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $994,494 |
| Capital Gain Net Income | $994,494 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,580,579 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $133,914 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $82,682 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,225 |
| Total operating and administrative expenses | $465,891 |
| Contributions, gifts, grants paid | $1,751,025 |
| Total expenses and disbursements | $2,216,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,567,400 |
| 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 | $21,556,905 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,124,305 |
| 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, Edward L & Joan B Steiniger Fndtn For Rc Charitable Ed Purpose has awarded $1,751,025 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PARTNERSHIP SCHOOLS PURPOSE: GENERAL OPERATING | $250,000 |
SAINT JOSEPHS SEMINARY PURPOSE: GENERAL OPERATING | $373,089 |
CATHOLIC CHARITEIS PURPOSE: GENERAL OPERATING | $402,936 |
ARCHDIOCESE OF NEW YORK PURPOSE: GENERAL OPERATING | $725,000 |