Hillside Foundation
- Assets
- $28.5m
- Revenue
- $2.6m
- Investments
- $1.3m
- Employees
- 9
- Location
- Rochester, NY
- Founding
- 02/1996
- Data as of
- 06/2023
- EIN
- 16-1493404
Organization Overview
Hillside Foundation is located in Rochester, NY. The organization was established in 1996. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 06/2023, Hillside Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillside 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, Hillside Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.2%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hillside Foundation has awarded 36 individual grants totaling $45,841,126. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ITS TAX EXEMPT AFFILIATE - HILLSIDE CHILDREN'S CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDRAISING, MANAGING ASSETS, AND GRANTING FUNDS IN THE BEST INTERESTS OF ITS TAX EXEMPT AFFILIATE; HILLSIDE CHILDREN'S CENTER. THROUGH THESE GRANTS, HILLSIDE FOUNDATION HELPED ITS AFFILIATE IN SERVING 8,872 FAMILIES DURING THE FISCAL YEAR ENDED JUNE 30, 2023.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maria Cristalli President And CEO / Secretary | OfficerTrustee | 5 | $0 |
Jill Knittel Vice Chair | OfficerTrustee | 0.5 | $0 |
Monica Monte Chair And Treasurer | OfficerTrustee | 0.5 | $0 |
Christopher Peterson Chief Financial Officer | Officer | 5 | $0 |
Cindy Odom Chief Advancement Officer | 5 | $175,454 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $315,000 |
| Membership dues | $0 |
| Fundraising events | $56,110 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,672,310 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,043,420 |
| Total Program Service Revenue | $0 |
| Investment income | $583,928 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$19,828 |
| Net Income from Fundraising Events | $9,217 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,616,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,055,314 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $598,173 |
| Pension plan accruals and contributions | $11,414 |
| Other employee benefits | $65,920 |
| Payroll taxes | $54,770 |
| Fees for services: Management | $113,714 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $450 |
| Fees for services: Investment Management | $68,019 |
| Fees for services: Other | $30,921 |
| Advertising and promotion | $73,532 |
| Office expenses | $45,093 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $116,373 |
| Travel | $203 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,412 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,250,027 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,962 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,453 |
| Net Land, buildings, and equipment | $1,216,019 |
| Investments—publicly traded securities | $25,964,888 |
| Investments—other securities | $1,304,509 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,544,031 |
| Accounts payable and accrued expenses | $706,086 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $342,648 |
| Total liabilities | $1,048,734 |
| Net assets without donor restrictions | $16,044,342 |
| Net assets with donor restrictions | $11,450,955 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,544,031 |
Grants Awarded
Over the last fiscal year, Hillside Foundation has awarded $1,870,263 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HILLSIDE FAMILY OF AGENCIES PURPOSE: FINANCIAL SUPPORT | $101,000 |
HILLSIDE CHILDREN'S CENTER PURPOSE: FINANCIAL SUPPORT | $1,769,263 |