Samuel & Rose Mitchell Foundation
- Assets
- $710.0k
- Revenue
- $87.7k
- Investments
- $266.3k
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1957
- Data as of
- 12/2021
- EIN
- 13-6128527
Organization Overview
Samuel & Rose Mitchell Foundation is located in New York, NY. The organization was established in 1957. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel & Rose Mitchell Foundation 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, Samuel & Rose Mitchell Foundation generated $87.7k 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 (13.0%) each year. All expenses for the organization totaled $157.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samuel & Rose Mitchell Foundation has awarded 39 individual grants totaling $197,776. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLEACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BYCONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNALREVENUE CODE SECTION 501(C)(3).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Polansky Secretary | 20 | $6,000 | |
Nancy K Greene Treasurer | 20 | $6,000 | |
Patricia Heffron President | 20 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $149 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $87,520 |
| Total Revenue | $87,695 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11,629 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $20,815 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $8,725 |
| Total operating and administrative expenses | $65,119 |
| Contributions, gifts, grants paid | $92,350 |
| Total expenses and disbursements | $157,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,870 |
| Savings and temporary cash investments | $93,619 |
| 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 | $320,254 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $266,258 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $710,001 |
| 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, Samuel & Rose Mitchell Foundation has awarded $92,350 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION OF EMANU-EL PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $22,200 |
AMERICAN TECH SOCIETY PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $3,500 |
NYU AIDS RESEARCH PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $3,500 |
NEW YORK PRESBYTERIAN PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $3,250 |
WHITNEY MUSEUM PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: TO FURTHER THE MISSION OF THE ORGANIZATION. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University Of Connecticut Foundation Incorporated Storrs, CT | $744,628,423 | $150,826,250 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $873,598,749 | $105,090,161 |
Trustees For Harvard University Cambridge, MA | $1,524,141,919 | $57,204,982 |
Anderson Center Services Inc Staatsburg, NY | $47,866,926 | $36,341,767 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
Harvard Private Capital Realty Inc Boston, MA | $2,527,458,180 | $415,073,812 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
University Of Massachusetts Foundation Inc Boston, MA | $842,030,994 | $57,111,837 |
University Of Vermont And State Agricultural College Foundation Burlington, VT | $307,895,720 | $102,950,116 |