Utica National Foundation Inc
- Assets
- $4.1m
- Revenue
- $226.2k
- Investments
- $3.9m
- Employees
- 0
- Location
- Utica, NY
- Founding
- 08/1988
- Data as of
- 12/2023
- EIN
- 16-1313450
Organization Overview
Utica National Foundation Inc is located in Utica, NY. The organization was established in 1988. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utica National Foundation Inc 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 12/2023, Utica National Foundation Inc generated $226.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $762.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Utica National Foundation Inc has awarded 495 individual grants totaling $5,797,245. 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 |
|---|---|---|---|
Richard P Creedon President/director | 1 | $0 | |
Kristen H Martin Vice President/director | 1 | $0 | |
Louisa S Ruffine Secretary | 1 | $0 | |
Elizabeth M Miller Treasurer | 1 | $0 | |
Russell A Acevedo Director | 0.25 | $0 | |
Tiffany L Hawkins Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $149,052 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $77,152 |
| Capital Gain Net Income | $77,152 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,409 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,233 |
| Total operating and administrative expenses | $15,686 |
| Contributions, gifts, grants paid | $747,172 |
| Total expenses and disbursements | $762,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,020 |
| Savings and temporary cash investments | $120,898 |
| 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 | $2,521 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,107,326 |
| 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, Utica National Foundation Inc has awarded $747,172 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: PROGRAM SERVICES | $5,000 |
AMERICAN RED CROSS PURPOSE: PROGRAM SERVICES | $5,000 |
BOILERMAKER ROAD RACE PURPOSE: PROGRAM SERVICES | $40,000 |
BROTHERTOWN SCHOLARSHIP FUND PURPOSE: PROGRAM SERVICES | $1,250 |
CENTRAL ASSOC FOR THE BLIND AND VISUALLY IMPAIRED INC PURPOSE: PROGRAM SERVICES | $3,000 |
CFF GREAT STRIDES WALK PURPOSE: PROGRAM SERVICES | $1,000 |