Pinkerton Foundation
- Assets
- $649.1m
- Revenue
- $13.0m
- Investments
- $609.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1966
- Data as of
- 12/2022
- EIN
- 13-6206624
Organization Overview
Pinkerton Foundation is located in New York, NY. The organization was established in 1966. 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. Pinkerton 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 12/2022, Pinkerton Foundation generated $13.0m 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 (21.6%) each year. All expenses for the organization totaled $50.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pinkerton Foundation has awarded 1,681 individual grants totaling $148,319,857. 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 |
|---|---|---|---|
Daniel L Mosley Chairman | 1 | $0 | |
Joan Colello Executive Director Emeritus | 1 | $0 | |
James Piereson Treasurer | 2 | $25,000 | |
Richard M Smith President | 35 | $461,620 | |
Robert Gould Trustee | 15 | $231,041 | |
Marnie Pillsbury Secretary | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Select Equity | 12/30/22 | $960,886 |
Ruane Cuniff & Co | 12/30/22 | $803,491 |
Baxter Street | 12/30/22 | $417,682 |
Acacia | 12/30/22 | $582,190 |
Moonrise Venture Iii | 12/30/22 | $388,545 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,792,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,228,287 |
| Capital Gain Net Income | $7,231,352 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,020,940 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $717,661 |
| Other employee salaries and wages | $1,353,091 |
| Pension plans, employee benefits | $794,556 |
| Interest | $0 |
| Taxes | $597,013 |
| Depreciation | $31,887 |
| Occupancy | $816,649 |
| Travel, conferences, and meetings | $18,498 |
| Printing and publications | $0 |
| Other expenses | $180,869 |
| Total operating and administrative expenses | $9,695,755 |
| Contributions, gifts, grants paid | $40,498,217 |
| Total expenses and disbursements | $50,193,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $756,411 |
| Savings and temporary cash investments | $35,018,659 |
| Net Accounts receivable | $147,823 |
| 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 | $66,693 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $413,607,872 |
| Net Land, buildings, and equipment | $227,270 |
| Other assets | $3,206,236 |
| Total assets | $649,124,106 |
| Accounts payable and accrued expenses | $441,326 |
| Grants payable | $16,177,800 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,520,327 |
| Total liabilities | $26,139,453 |
Grants Awarded
Over the last fiscal year, Pinkerton Foundation has awarded $53,906,217 in support to 574 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET YM-YWHA PURPOSE: AFTER SCHOOL & SUMMER LEARNING | $30,000 |
A LITTLE PIECE OF LIGHT INC PURPOSE: PRESIDENT'S DISCRETIONARY | $7,000 |
A LITTLE PIECE OF LIGHT INC PURPOSE: YOUTH AND FAMILY JUSTICE | $100,000 |
AFRO LATIN JAZZ ALLIANCE PURPOSE: AFTER SCHOOL & SUMMER LEARNING | $100,000 |
ACTIVE PLUS PURPOSE: YOUTH AND FAMILY JUSTICE | $50,000 |
A BETTER JAMAICA INC PURPOSE: AFTER SCHOOL & SUMMER LEARNING | $30,000 |