Surdna Foundation Inc
- Assets
- $998.0m
- Revenue
- $71.4m
- Investments
- $928.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1938
- Data as of
- 06/2020
- 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.
For the year ending 06/2020, Surdna Foundation Inc generated $71.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $72.0m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Surdna Foundation Inc has awarded 3,200 individual grants totaling $412,503,656. 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 | $535,000 | |
Marc DE Venoge VP Finance And Administration | 40 | $461,825 | |
Jonathan Goldberg Dir. Of Learning & Grant Oper. | 40 | $241,567 | |
Helen Chin Prgm Dir -Sustainable Environ. | 40 | $210,885 | |
Shuaib Siddiqui Director Of Impact Investing | 40 | $210,000 | |
Mekaelia Davis Program Dir - Inclusive Econo. | 40 | $203,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silchester | 6/29/20 | $263,533 |
Cambridge Associates | 6/29/20 | $1,768,575 |
Silchester | 6/29/20 | $263,533 |
Glow Global Events | 6/29/20 | $153,442 |
Cambridge Associates | 6/29/20 | $1,768,575 |
The Northern Trust Company | 6/29/20 | $489,194 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $321,765 |
| Dividends & Interest | $3,228,040 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,327,285 |
| Capital Gain Net Income | $33,607,607 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66,515,036 |
| Total Revenue | $71,392,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,235,511 |
| Other employee salaries and wages | $1,852,873 |
| Pension plans, employee benefits | $1,386,077 |
| Interest | $0 |
| Taxes | $305,321 |
| Depreciation | $225,641 |
| Occupancy | $916,049 |
| Travel, conferences, and meetings | $654,827 |
| Printing and publications | $31,854 |
| Other expenses | $608,093 |
| Total operating and administrative expenses | $13,049,479 |
| Contributions, gifts, grants paid | $58,985,502 |
| Total expenses and disbursements | $72,034,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,710,110 |
| 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 | $152,856 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $867,155,963 |
| Net Land, buildings, and equipment | $2,105,526 |
| Other assets | $34,510,171 |
| Total assets | $997,976,972 |
| Accounts payable and accrued expenses | $1,943,680 |
| Grants payable | $40,858,291 |
| 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 | $42,801,971 |
Grants Awarded
Over the last fiscal year, Surdna Foundation Inc has awarded $164,876,886 in support to 1,012 organizations.
| Grant Recipient | Amount |
|---|---|
Yonkers, NY PURPOSE: GENERAL SUPPORT | $2,800,000 |
HastingsonHudson, NY PURPOSE: GENERAL SUPPORT | $2,800,000 |
Yonkers, NY PURPOSE: GENERAL SUPPORT | $2,800,000 |
HastingsonHudson, NY PURPOSE: GENERAL SUPPORT | $2,800,000 |
Yonkers, NY PURPOSE: GENERAL SUPPORT | $1,409,900 |
Yonkers, NY PURPOSE: GENERAL SUPPORT | $1,409,900 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Surdna Foundation Inc has recieved totaling $330,750.
| Awarding Organization | Amount |
|---|---|
Living Cities Inc The National Community Development Initiative New York, NY PURPOSE: SEE PART IV | $243,750 |
Puerto Rico Conservation Trust San Juan, PR PURPOSE: TO SUPPORT TWO YOUTH DEVELOPMENT PROJECTS IN LOW INCOME COMMUNITIES. | $87,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Bessemer Giving Fund Woodbridge, NJ | $409,066,331 | $210,062,584 |
Starr Foundation New York, NY | $1,224,410,899 | $115,036,092 |
S & G Foundation albany, NY | $1,147,138,007 | $304,610,125 |
Robertson Foundation New York, NY | $0 | $6,750,182 |
Surdna Foundation Inc New York, NY | $997,976,972 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $70,221,503 | $91,386,230 |
Quantitative Foundation Philadelphia, PA | $153,731,021 | $21,465,211 |
Paul E Singer Foundation New York, NY | $0 | $7,422,166 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $584,180,972 | $20,558,970 |
Foundation For A Just Society New York, NY | $669,006,896 | $96,141,739 |
The Nathan Cummings Foundation Inc New York, NY | $444,315,012 | $24,977,243 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $1,477,774 |