Sweetgrass Foundation
- Assets
- $953.5k
- Revenue
- $40.5k
- Investments
- $939.7k
- Employees
- 0
- Location
- Canton, NY
- Founding
- 10/1992
- Data as of
- 12/2022
- EIN
- 16-1414871
Organization Overview
Sweetgrass Foundation is located in Canton, NY. The organization was established in 1992. 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. Sweetgrass 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, Sweetgrass Foundation generated $40.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $51.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sweetgrass Foundation has awarded 87 individual grants totaling $409,587. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO VARIOUS CHARITABLE ORGANIZATIONS & EXEMPT ORGANIZATIONS IN SUPPORT OF THE ARTS
CONTRIBUTIONS TO PUBLIC ENTITIES (GOVERNMENTS) IN SUPPORT OF PUBLIC EVENTS, DEVELOPMENT AND PRESERVATION OF HISTORICAL COMMUNITY AREAS(CONCERTS, PARKS, ETC.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Newell President/tr | 0.5 | $0 | |
Catherine Newell Vp/secretary | 1 | $0 | |
Mark Scarlett Director | 0.5 | $0 | |
Mary Ann Narenkivicius Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $25,651 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,862 |
| Capital Gain Net Income | $14,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,513 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3 |
| Taxes | $663 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23 |
| Total operating and administrative expenses | $9,642 |
| Contributions, gifts, grants paid | $42,000 |
| Total expenses and disbursements | $51,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,884 |
| 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 | $702,699 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $953,534 |
| 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 | $690 |
| Total liabilities | $690 |
Grants Awarded
Over the last fiscal year, Sweetgrass Foundation has awarded $42,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
TRADITIONAL ARTS IN UPSTATE NEW PURPOSE: ARTS | $10,000 |
FREDRIC REMINGTON ART MUSEUM PURPOSE: ARTS | $25,000 |
THOUSAND ISLAND LAND TRUST PURPOSE: HISTORICAL PRESERVATION | $5,000 |
EDWARDS ART COUNCIL PURPOSE: ARTS | $2,000 |