William S Paley Foundation Inc
- Assets
- $152.4m
- Revenue
- $14.6m
- Investments
- $147.3m
- Employees
- 0
- Location
- Valhalla, NY
- Founding
- 04/1951
- Data as of
- 12/2021
- EIN
- 13-6085929
Organization Overview
William S Paley Foundation Inc is located in Valhalla, NY. The organization was established in 1951. 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. William S Paley 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 12/2021, William S Paley Foundation Inc generated $14.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $9.0m during the year ending 12/2021. While expenses have increased by 6.1% 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 2014, William S Paley Foundation Inc has awarded 295 individual grants totaling $65,600,133. 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 |
|---|---|---|---|
Patrick S Gallagher Executive Dir. | 16 | $104,777 | |
Henry A Kissinger Chairman/dir | 1 | $0 | |
William C Paley Vice Pres/dir | 1 | $0 | |
Daniel L Mosley Treas&sec/dir | 1 | $0 | |
Faiza J Saeed Director | 1 | $0 | |
Jacqueline Scalisi Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bencivenga Ward & Company Cpas | 12/30/21 | $108,142 |
Brown Brothers Harriman | 12/30/21 | $179,932 |
Ruane Cunniff & Co | 12/30/21 | $464,515 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $774 |
| Dividends & Interest | $2,618,351 |
| Net Rental Income | $555,736 |
| Net Gain on Sale of Assets | $10,933,795 |
| Capital Gain Net Income | $10,933,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,404 |
| Total Revenue | $14,608,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $104,777 |
| Other employee salaries and wages | $123,300 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $623,945 |
| Depreciation | $84,867 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $486,827 |
| Total operating and administrative expenses | $3,396,658 |
| Contributions, gifts, grants paid | $5,605,791 |
| Total expenses and disbursements | $9,002,449 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $243,687 |
| Savings and temporary cash investments | $2,816,933 |
| Net Accounts receivable | $141,742 |
| 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 | $67,406 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $52,888,506 |
| Net Land, buildings, and equipment | $1,828,205 |
| Other assets | $0 |
| Total assets | $152,417,340 |
| Accounts payable and accrued expenses | $397,125 |
| Grants payable | $4,384,746 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $103,297,631 |
| Total liabilities | $108,079,502 |
Grants Awarded
Over the last fiscal year, William S Paley Foundation Inc has awarded $9,080,670 in support to 39 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL PROGRAM | $4,124,746 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,624,569 |
Valhalla, NY PURPOSE: PALEY PARK - PROGRAM SUPPORT | $735,000 |
New York, NY PURPOSE: PALEY TELEVISON FESTIVAL | $501,355 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $110,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |