Sinsheimer Foundation P60134007
- Assets
- $8.7m
- Revenue
- $459.2k
- Investments
- $8.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 10/1959
- Data as of
- 04/2023
- EIN
- 13-6047421
Organization Overview
Sinsheimer Foundation P60134007 is located in Chicago, IL. The organization was established in 1959. 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. Sinsheimer Foundation P60134007 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 04/2023, Sinsheimer Foundation P60134007 generated $459.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $365.6k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Sinsheimer Foundation P60134007 has awarded 37 individual grants totaling $2,297,900. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $267,789 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $191,399 |
| Capital Gain Net Income | $191,399 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $459,188 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $128,262 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,545 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $140,557 |
| Contributions, gifts, grants paid | $225,000 |
| Total expenses and disbursements | $365,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,631 |
| Savings and temporary cash investments | $115,000 |
| 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 | $729,961 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,665,356 |
| 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, Sinsheimer Foundation P60134007 has awarded $225,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ICAHN SCHOOL OF MEDICINE AT MT SINAI PURPOSE: GENERAL | $75,000 |
THE JOAN AND SANFORD I WEIL MEDICAL PURPOSE: GENERAL | $25,000 |
NEW YORK MEDICAL COLLEGE PURPOSE: GENERAL | $75,000 |
COLUMBIA UNIVERSITY COLLEGE OF PURPOSE: GENERAL | $25,000 |
NEW YORK UNIVERSITY SCHOOL OF MEDICINE PURPOSE: GENERAL | $25,000 |