Switzer Foundation
- Assets
- $6.0m
- Revenue
- $276.8k
- Investments
- $5.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1938
- Data as of
- 12/2023
- EIN
- 13-5596831
Organization Overview
Switzer Foundation is located in New York, NY. The organization was established in 1938. 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. Switzer 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, Switzer Foundation generated $276.8k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $352.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Switzer Foundation has awarded 71 individual grants totaling $884,714. 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.
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 |
|---|---|---|---|
Frank Dougan President | 0 | $32,000 | |
Michael Glen Treasurer | 0 | $5,000 | |
Katie Franklin Asst. Secretary | 0 | $0 | |
Casey Dougan Asst Treasurer | 0 | $0 | |
Peggy Warren Secretary | 0 | $1,000 | |
John Franklin Jr Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $106,349 |
| Dividends & Interest | $59,512 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,974 |
| Capital Gain Net Income | $110,974 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $276,835 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,574 |
| Total operating and administrative expenses | $92,474 |
| Contributions, gifts, grants paid | $259,714 |
| Total expenses and disbursements | $352,188 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $128,192 |
| 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 | $5,986,989 |
| 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, Switzer Foundation has awarded $259,714 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ADELPHI SCHOOL OF NURSING PURPOSE: SCHOLARSHIP | $10,000 |
COCHARAN SCHOOL OF NURSING PURPOSE: SCHOLARSHIP | $10,000 |
BLOOMFIELD COLLEGE PURPOSE: SCHOLARSHIP | $10,000 |
COLLEGE OF ST ELIZABETHS PURPOSE: SCHOLARSHIP | $10,000 |
DOMINICAN COLLEGE PURPOSE: SCHOLARSHIP | $10,000 |
HELENE FULD SCHOOL OF NURSING PURPOSE: SCHOLARSHIP | $10,000 |