Surdna Foundation Inc
- Assets
- $1.2b
- Revenue
- $50.9m
- Investments
- $1.2b
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1938
- Data as of
- 06/2022
- EIN
- 13-6108163
Organization Overview
Surdna Foundation Inc is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Surdna 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 06/2022, Surdna Foundation Inc generated $50.9m 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 (8.4%) each year. All expenses for the organization totaled $51.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Surdna Foundation Inc has awarded 3,683 individual grants totaling $493,049,655. 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 |
|---|---|---|---|
Donald Chen President/ceo | 40 | $615,000 | |
Marc DE Venoge VP Finance And Administration | 40 | $460,347 | |
Jonathan Goldberg Dir. Of Learning & Grant Oper. | 40 | $258,075 | |
Francisco Torres-Campos Program Dir. Thriving Cultures | 40 | $207,060 | |
Adam Connaker Director - Impact Investing | 40 | $61,923 | |
Manuela Arciniegas Program Director | 40 | $173,697 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sands Capital Management | 6/29/22 | $324,777 |
Cambridge Associates | 6/29/22 | $1,854,555 |
The Northern Trust Company | 6/29/22 | $489,335 |
Iridian | 6/29/22 | $259,618 |
Silchester | 6/29/22 | $303,964 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $227,494 |
| Dividends & Interest | $3,669,777 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,833,681 |
| Capital Gain Net Income | $110,597,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,169,105 |
| Total Revenue | $50,900,057 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,223,011 |
| Other employee salaries and wages | $2,346,969 |
| Pension plans, employee benefits | $1,635,537 |
| Interest | $0 |
| Taxes | $163,034 |
| Depreciation | $233,207 |
| Occupancy | $927,556 |
| Travel, conferences, and meetings | $334,616 |
| Printing and publications | $25,778 |
| Other expenses | $475,104 |
| Total operating and administrative expenses | $13,428,870 |
| Contributions, gifts, grants paid | $37,787,461 |
| Total expenses and disbursements | $51,216,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,608,553 |
| 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 | $166,983 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,146,831,193 |
| Net Land, buildings, and equipment | $1,662,189 |
| Other assets | $14,736,190 |
| Total assets | $1,222,374,293 |
| Accounts payable and accrued expenses | $2,654,107 |
| Grants payable | $30,702,939 |
| 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 | $33,357,046 |
Grants Awarded
Over the last fiscal year, Surdna Foundation Inc has awarded $77,722,760 in support to 484 organizations.
| Grant Recipient | Amount |
|---|---|
2164 PURPOSE: GENERAL SUPPORT | $50,000 |
60 DECIBELS PURPOSE: GENERAL SUPPORT | $50,000 |
A NEW CHANCE ANIMAL RESCUE PURPOSE: GENERAL SUPPORT | $1,000 |
ACCELERATE 500 PURPOSE: GENERAL SUPPORT | $405,000 |
ACLU FOUNDATION OF GEORGIA PURPOSE: GENERAL SUPPORT | $10,000 |
ACTING WITHOUT BOUNDARIES PURPOSE: GENERAL SUPPORT | $4,500 |