The Spiritus Gladius Foundation
- Assets
- $1.7m
- Revenue
- $235.9k
- Investments
- $1.6m
- Employees
- 0
- Location
- Purchase, NY
- Founding
- 01/1961
- Data as of
- 08/2017
- EIN
- 13-6113272
Organization Overview
The Spiritus Gladius Foundation is located in Purchase, NY. The organization was established in 1961. 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.
For the year ending 08/2017, Spiritus Gladius Foundation generated $235.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $397.0k during the year ending 08/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nedenia H Hartley Dec'd President; Trustee | 0 | $0 | |
Donald E Handelman Vp/treasurer; Trustee | 0.5 | $0 | |
William R Handelman Secretary; Trustee | 0 | $0 | |
Joseph W Handelman Trustee | 0 | $0 | |
Stanley H Rumbough Trustee | 0 | $0 | |
Nedenia C Rumbough Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $221 |
| Dividends & Interest | $193,285 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,432 |
| Capital Gain Net Income | $42,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $235,938 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,404 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,054 |
| Total operating and administrative expenses | $25,458 |
| Contributions, gifts, grants paid | $371,500 |
| Total expenses and disbursements | $396,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,489 |
| Savings and temporary cash investments | $60,059 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,669,525 |
| 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, The Spiritus Gladius Foundation has awarded $371,500 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
EUGENE O'NEILL THEATER CENTER PURPOSE: THEATER ARTS | $50,000 |
GUILD HALL OF EAST HAMPTON PURPOSE: ARTS | $100,000 |
HILLWOOD ESTATE MUSEUM & GARDENS PURPOSE: ARTS | $100,000 |
CAPROCK CULTURAL ASSOCIATION PURPOSE: COMMUNITY DEVELOPMENT | $4,000 |
GARZA CO HISTORICAL MUSEUM PURPOSE: COMMUNITY DEVELOPMENT | $6,000 |
LEWY BODY DEMENTIA RESOURCE CENTER PURPOSE: MEDICAL CARE | $2,000 |