Van Ameringen Foundation Inc
- Assets
- $77.2m
- Revenue
- $6.0m
- Investments
- $75.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1953
- Data as of
- 12/2022
- EIN
- 13-6125699
Organization Overview
Van Ameringen Foundation Inc is located in New York, NY. The organization was established in 1953. 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. Van Ameringen 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 12/2022, Van Ameringen Foundation Inc generated $6.0m 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 (6.9%) each year. All expenses for the organization totaled $14.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Van Ameringen Foundation Inc has awarded 821 individual grants totaling $69,593,000. 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 |
|---|---|---|---|
Kenneth A Kind President And Treasurer | 1 | $0 | |
Maurizio J Morello VP And Secretary | 1 | $0 | |
Judith Beck Director | 1 | $0 | |
Alexandra Herzan Director | 1 | $0 | |
Christina Kind Director | 1 | $0 | |
Andrew Kindfuller Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neuberger Berman Trust Company Na | 12/30/22 | $368,033 |
Amalgamated Bank | 12/30/22 | $133,212 |
Phillips Oppenheim | 12/30/22 | $70,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,543,500 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,434,454 |
| Capital Gain Net Income | $4,447,586 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,977,954 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $283,000 |
| Other employee salaries and wages | $87,446 |
| Pension plans, employee benefits | $111,593 |
| Interest | $0 |
| Taxes | $137,968 |
| Depreciation | $5,610 |
| Occupancy | $66,488 |
| Travel, conferences, and meetings | $10,371 |
| Printing and publications | $0 |
| Other expenses | $107,853 |
| Total operating and administrative expenses | $1,513,926 |
| Contributions, gifts, grants paid | $13,417,930 |
| Total expenses and disbursements | $14,931,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,968 |
| Savings and temporary cash investments | $1,216,710 |
| 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 | $6,288 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $15,691,188 |
| Net Land, buildings, and equipment | $30,685 |
| Other assets | $493,955 |
| Total assets | $77,188,652 |
| Accounts payable and accrued expenses | $48,181 |
| Grants payable | $10,796,890 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $502,861 |
| Total liabilities | $11,347,932 |
Grants Awarded
Over the last fiscal year, Van Ameringen Foundation Inc has awarded $23,184,000 in support to 230 organizations.
| Grant Recipient | Amount |
|---|---|
ABOLITIONIST LAW CENTER PURPOSE: CONTINUED SUPPORT FOR ADVOCACY TO CURTAIL OR ABOLISH SOLITARY CONFINEMENT IN PENNSYLVANIA. | $125,000 |
ADVOCACY INSTITUTE FUND PURPOSE: GENERAL OPERATING GRANT VIA CLARENCE SUNDRAM -DDG | $15,000 |
ACKERMAN INSTITUTE FOR THE FAMILY PURPOSE: FIRST-TIME GRANT FUNDING FOR AN ESTABLISHED THERAPY INSTITUTE TO HIRE ONE CLINICIAN AND ONE OUTREACH WORKER TO PROVIDE MENTAL HEALTH CARE FOR LOW-INCOME MINORITY ADOLESCENTS AND THEIR FAMILIES IN UNDERSERVED NEW YORK COMMUNITIES. | $75,000 |
AFRICAN FAMILY HEALTH ORGANIZATION PURPOSE: COMMUNITY-BASED SOCIAL SERVICES ORGANIZATION SEEKS FIRST-TIME VAF SUPPORT TO CREATE MENTAL HEALTH SUPPORT GROUPS FOR RECENT AFRICAN AND CARIBBEAN IMMIGRANTS AND REFUGEES IN PHILADELPHIA. | $50,000 |
ALLIANCE OF FAMILIES FOR JUSTICE PURPOSE: FIRST-TIME SUPPORT FOR NEW YORK CITY SOCIAL SERVICES AGENCY TO ENGAGE CULTURALLY COMPETENT THERAPISTS FOR BLACK AND LATINX YOUTH WHOSE LOVED ONES ARE JUSTICE-INVOLVED. | $75,000 |
AFRICAN SERVICES COMMITTEE PURPOSE: RENEWED FUNDING FOR A SOCIAL SERVICE AGENCY'S MENTAL HEALTH PROGRAM SERVING THE AFRICAN IMMIGRANT COMMUNITY IN NEW YORK CITY. | $75,000 |