Eric P Sheinberg Foundation
- Assets
- $10.3m
- Revenue
- $505.3k
- Investments
- $10.2m
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 02/1971
- Data as of
- 06/2023
- EIN
- 13-7004291
Organization Overview
Eric P Sheinberg Foundation is located in New Canaan, CT. The organization was established in 1971. 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. Eric P Sheinberg 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 06/2023, Eric P Sheinberg Foundation generated $505.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $846.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Eric P Sheinberg Foundation has awarded 260 individual grants totaling $6,700,240. 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 |
|---|---|---|---|
Eric P Sheinberg Trustee | 0 | $0 | |
Michael Steinhardt Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,964 |
| Dividends & Interest | $709,571 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$223,198 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $505,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,283 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $14,633 |
| Contributions, gifts, grants paid | $832,200 |
| Total expenses and disbursements | $846,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,163 |
| Savings and temporary cash investments | $30,984 |
| 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 | $10,321,473 |
| 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, Eric P Sheinberg Foundation has awarded $832,200 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HOSPITAL OF PARIS FOUNDATION PURPOSE: GENERAL SUPPORT | $30,000 |
BOTANICAL GARDEN OF NY PURPOSE: GENERAL SUPPORT | $2,500 |
CENTRAL PARK CONSERVANCY PURPOSE: GENERAL SUPPORT | $13,000 |
EAST 62ND STREET ASSOCIATION INC PURPOSE: GENERAL SUPPORT | $200 |
FRICK MUSEUM PURPOSE: GENERAL SUPPORT | $10,000 |
GETABOUT INC PURPOSE: GENERAL SUPPORT | $10,000 |