Svf Foundation
- Assets
- $0.0
- Revenue
- -$14.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 14-2008091
Organization Overview
Svf Foundation is located in Newport, RI. The organization was established in 2008. According to its NTEE Classification (D05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Svf Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFER TO SUPPLEMENTAL INFORMATION FOR DESCRIPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter M Borden Executive Director | 2 | $88,203 | |
George Saperstein DVM Trustee | 0.5 | $12,000 | |
Stephen J Macgillivray ESQ Trustee | 0.5 | $6,000 | |
Turner C Scott Trustee | 0.5 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,134 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$18,165 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $253 |
| Total Revenue | -$14,778 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $112,203 |
| Other employee salaries and wages | $13,060 |
| Pension plans, employee benefits | $1,225 |
| Interest | $0 |
| Taxes | $10,494 |
| Depreciation | $0 |
| Occupancy | $5,054 |
| Travel, conferences, and meetings | $1,745 |
| Printing and publications | $0 |
| Other expenses | $47,855 |
| Total operating and administrative expenses | $224,912 |
| Contributions, gifts, grants paid | $13,452,911 |
| Total expenses and disbursements | $13,677,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Svf Foundation has awarded $13,452,911 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Wayne, PA PURPOSE: THE FOUNDATION WAS STARTED BY DORRANCE HAMILTON. THE BALANCE IN THE RESERVE ACCOUNT WAS DONATED BACK TO THE HAMILTON FAMILY ORGANIZATION WITH CERTAIN RESTRICTIONS. | $8,952,911 |
CUMMINGS SCHOOL VETERINARY MEDICINE AT TUFTS UNIVERSITY PURPOSE: SVF WORKED WITH TUFTS FOR THE MAJORITY OF THE FOUNDATION LIFE. DONATION WILL BE USED TO ESTABLISH THE DORRANCE H. HAMILTON PROFESSORSHIP IN APPLIED ANIMAL REPRODUCTIVE MEDICINE. | $3,500,000 |
NEWPORT-FALL RIVER STAR KIDS SCHOLARSHIP PROGRAM PURPOSE: THE DONATION WILL BE USED FOR SCHOLARSHIPS TO STUDENTS PARTICIPATINING THE STAR KIDS PROGRAM, THE MISSION OF WHICH IS TO PROVIDE EDUCATIONAL OPPORTUNITIES IN THE FORM OF TUITION ASSISTANCE TO NON-PUBLIC SCHOOLS, ALONG WITH A RANGE OF EDUCATIONAL SUPPORTS FOR LOCAL HIGH-RISK, LOW-INCOME CHILDREN WHO HAVE A PARENT WITH A HISTORY OF INCARCERATION AND/OR SUBSTANCE ABUSE. | $500,000 |
SMITHSONIAN CONSERVATION BIOLOGY INSTITUTE PURPOSE: WILL BE USED TO SUPPORT THE POSITION OF A PROGRAM MANAGER FOR THE DORRANCE HAMILTON CRYO-CONSERVATION LABORATORY AT THE SMITHSONIAN CONSERVATION BIOLOGY INSTITUTE AND ITS COLLECTION OF FROZEN SAMPLES FROM HERITAGE BREEDS. IN ADDITION TO GROWING AND LEVERAGING THE COLLECTION, THE PROGRAM MANAGER WILL PARTICIPATE IN OUTREACH ACTIVITIES THAT EXPLAIN THE PURPOSE OF THE BIOREPOSITORY, MRS. HAMILTON'S LEGACY, AND THE VALUE OF HERITAGE BREEDS TOWARDS THE GREATER GOOD OF SUPPORTING SUSTAINABLE FOOD SYSTEMS. | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Svf Foundation Newport, RI | $0 | -$14,778 |
African Aquatic Conservation Fund Inc Chilmark, MA | $111,345 | $305,271 |
Center For Canine Behavior Studies Inc Salisbury, CT | $39,571 | $0 |
New England Human Animal Bond Foundation Inc Columbia, CT | $5,829 | $0 |
Equine International Corp Boston, MA | $201 | $201 |