Carnegie Fund For Authors
- Assets
- $1.3m
- Revenue
- $26.8k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1942
- Data as of
- 12/2022
- EIN
- 13-6084244
Organization Overview
Carnegie Fund For Authors is located in New York, NY. The organization was established in 1942. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carnegie Fund For Authors 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, Carnegie Fund For Authors generated $26.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $78.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Carnegie Fund For Authors has awarded 145 individual grants totaling $366,200. 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 |
|---|---|---|---|
Barbara Magalnick Trustee | 5 | $1,969 | |
Fred Plotkin Trustee | 1 | $1,477 | |
Daniel Roberts Trustee | 1 | $1,477 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $26,977 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$153 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,833 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,923 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $597 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,771 |
| Total operating and administrative expenses | $11,221 |
| Contributions, gifts, grants paid | $67,500 |
| Total expenses and disbursements | $78,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,544 |
| Savings and temporary cash investments | $13,120 |
| 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 | $1,244,138 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,291,802 |
| 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, Carnegie Fund For Authors has awarded $67,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT YOUNG PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $5,000 |
DAKOTA LANE PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $2,000 |
ADRIAN TODD ZUNIGA PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $2,000 |
AVRIL VAN DER MERWE PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $5,000 |
DAN OWENS-REID PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $3,000 |
FOWZIA KARIMI PURPOSE: FINANCIAL RELIEF FOR AUTHOR SUFFERING ILLNESS OR AILMENTS | $5,000 |