Rosamond Gifford Charitable Corporation
- Assets
- $0.0
- Revenue
- $1.8m
- Investments
- $19.7m
- Employees
- 0
- Location
- Syracuse, NY
- Founding
- 08/1956
- Data as of
- 12/2020
- EIN
- 15-0572881
Organization Overview
Rosamond Gifford Charitable Corporation is located in Syracuse, NY. The organization was established in 1956. 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. Rosamond Gifford Charitable Corporation 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 12/2020, Rosamond Gifford Charitable Corporation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.9% each year . All expenses for the organization totaled $1.3m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rosamond Gifford Charitable Corporation has awarded 275 individual grants totaling $2,140,358. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW COMMUNITY GRANTS - GRANTS GIVING TO LOCAL ORGANIZATIONS TO SUPPORT IMPROVEMENT PROJECTS.
SUPPORTING ORGANIZATIONS & COMMUNITY EVENTS, SPONSORSHIPS - TO SUPPORT LOCAL ORGANIZATIONS WITHIN THE COMMUNITY TO CONTINUE THEIR MISSION.
WHAT IF GRANTS - A PROGRAM DESIGNED TO BE A RESOURCE IN FOSTERING GROWTH IN NEIGHBORHOODS AND STRENGTHENING THE CAPACITY OF COMMUNITY RESIDENTS IN THE CITY OF SYRACUSE WHO ARE FOCUSED ON MAKING POSITIVE CHANGES IN THEIR NEIGHBORHOOD AND INCREASING COMMUNITY PARTICIPATION, AWARENESS AND PARTNERSHIPS. THE PROJECTS SHOULD BE INITIATED OR IMPLEMENTED BY RESIDENTS, GRASSROOTS ORGANIZATIONS OR NEIGHBORHOOD STAKEHOLDERS IN THE SYRACUSE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheena Solomon Exec. Director | 40 | $100,000 | |
Lindsay Mcclung Director Of Grant Ma | 40 | $81,649 | |
Pastor Phil Turner Trustee | 2 | $0 | |
Ryan York Trustee | 2 | $0 | |
Michael Feng Trustee | 2 | $0 | |
Maithreyee Dube Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $191,394 |
| Interest on Savings | $193,485 |
| Dividends & Interest | $237,423 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,848,374 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $103,846 |
| Pension plans, employee benefits | $66,858 |
| Depreciation | $0 |
| Occupancy | $58,863 |
| Travel, conferences, and meetings | $9,964 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $802,703 |
| Contributions, gifts, grants paid | $459,596 |
| Total expenses and disbursements | $1,262,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,398 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,427,455 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $61,382 |
Grants Awarded
Over the last fiscal year, Rosamond Gifford Charitable Corporation has awarded $685,400 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
EMBRACING DISRUPTION - RESILIENCE AMIDST A CHANGING ENVIRONMENT PURPOSE: PUBLIC SUPPORT | $141,409 |
EMBRACING DISRUPTION - RESILIENCE AMIDST A CHANGING ENVIRONMENT PURPOSE: PUBLIC SUPPORT | $64,941 |
GREATER SYRACUSE PROPERTY DEVCORP PURPOSE: PUBLIC SUPPORT | $45,000 |
FRIENDS OF ROSAMOND GIFFORD ZOO PURPOSE: PUBLIC SUPPORT | $37,450 |
MOST FOUNDATION PURPOSE: PUBLIC SUPPORT | $23,000 |
EVERSON MUSEUM PURPOSE: PUBLIC SUPPORT | $21,600 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rosamond Gifford Charitable Corporation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
The Funders Network Inc Coral Gables, FL PURPOSE: PARTNERS FOR PLACES | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |