Foodlink Foundation Inc
- Assets
- $8.7m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 12/1998
- Data as of
- 06/2022
- EIN
- 16-1558258
Organization Overview
Foodlink Foundation Inc is located in Rochester, NY. The organization was established in 1998. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodlink 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 06/2022, Foodlink Foundation Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $558.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Foodlink Foundation Inc has awarded 37 individual grants totaling $512,511. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS FOR THE BENEFIT AND SUPPORT OF CHARITABLE OR EDUCATIONAL ORGANIZATIONS THAT DISTRIBUTE FOOD TO THE NEEDY, ELDERLY OR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDS TO SUPPORT OR BENEFIT CHARITABLE AND EDUCATIONAL ORGANIZATIONS THAT DISTRIBUTE FOOD TO THE NEEDY, ELDERLY OR CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Wiedemer Chair | OfficerTrustee | 0.5 | $0 |
James Grossman Secretary | OfficerTrustee | 0.5 | $0 |
John Smith Treasurer | OfficerTrustee | 0.5 | $0 |
Julia Tedesco President & Chief Executiv | Officer | 7 | $0 |
Julie Camardo Board Member | Trustee | 0.5 | $0 |
Fernando Santiago Vice Chair | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,454,501 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $153,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,607,532 |
| Total Program Service Revenue | $0 |
| Investment income | $108,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $140,416 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,856,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $400,564 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,400 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,140 |
| Advertising and promotion | $0 |
| Office expenses | $248 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $48 |
| All other expenses | $0 |
| Total functional expenses | $558,203 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,364,410 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $15,750 |
| Investments—publicly traded securities | $5,849,655 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $501,742 |
| Total assets | $8,731,557 |
| Accounts payable and accrued expenses | $51,218 |
| 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 | $0 |
| Total liabilities | $51,218 |
| Net assets without donor restrictions | $7,868,322 |
| Net assets with donor restrictions | $812,017 |
| 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 | $8,731,557 |
Grants Awarded
Over the last fiscal year, Foodlink Foundation Inc has awarded $304,501 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
WELLSPRING FOOD DISTRIBUTION CENTER PURPOSE: OPERATIONS SUPPORT | $73,660 |
Rochester, NY PURPOSE: OPERATIONS SUPPORT | $50,000 |
Victor, NY PURPOSE: OPERATIONS SUPPORT | $47,885 |
Oakfield, NY PURPOSE: OPERATIONS SUPPORT | $36,528 |
Rochester, NY PURPOSE: OPERATIONS SUPPORT | $33,200 |
VETERANS OUTREACH CENTER INC PURPOSE: OPERATIONS SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foodlink Foundation Inc has recieved totaling $30,550.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $24,150 |
Jewish Community Federation Of Greater Rochester Ny Inc Rochester, NY PURPOSE: GENERAL PURPOSES | $6,300 |
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $943,576 |
| Earnings | -$131,557 |
| Ending Balance | $812,019 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |
Jewish Child Care Association Of New York Brooklyn, NY | $129,020,546 | $88,573,003 |
Urban Resource Institute New York, NY | $63,202,447 | $74,244,658 |
Mount Sinai Health System Executive V P For Finance New York, NY | $0 | $70,946,441 |
Birch Family Services Inc New York, NY | $68,113,610 | $78,917,553 |
Catholic Charities Of The Roman Catholic Diocese Of Syracuse Ny Syracuse, NY | $64,792,131 | $74,096,320 |
Mary Haven Center Of Hope Port Jefferson, NY | $26,765,963 | $57,662,471 |