Ralph C Sheldon Foundation Inc
- Assets
- $12.2m
- Revenue
- $2.9m
- Investments
- $11.2m
- Employees
- 0
- Location
- Jamestown, NY
- Founding
- 04/1950
- Data as of
- 12/2022
- EIN
- 16-6030502
Organization Overview
Ralph C Sheldon Foundation Inc is located in Jamestown, NY. The organization was established in 1950. 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. Ralph C Sheldon 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 12/2022, Ralph C Sheldon Foundation Inc generated $2.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ralph C Sheldon Foundation Inc has awarded 695 individual grants totaling $28,275,899. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Betsy Shults Secretary | 1 | $0 | |
Peter B Sullivan Treasurer | 1 | $0 | |
Name Not Listed Vice-President | 1 | $0 | |
Barclay O Wellman Director Emeritus | 1 | $0 | |
Kelly A Dawson Vice-President | 1 | $0 | |
Raymond J Fashano President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,438,470 |
| Interest on Savings | $794 |
| Dividends & Interest | $331,510 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $130,757 |
| Capital Gain Net Income | $137,975 |
| Net ST Capital Gain | $6,614 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,901,531 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $124,585 |
| Other employee salaries and wages | $57,197 |
| Pension plans, employee benefits | $33,367 |
| Interest | $0 |
| Taxes | $47,899 |
| Depreciation | $0 |
| Occupancy | $26,777 |
| Travel, conferences, and meetings | $3,625 |
| Printing and publications | $0 |
| Other expenses | $12,203 |
| Total operating and administrative expenses | $333,164 |
| Contributions, gifts, grants paid | $2,263,318 |
| Total expenses and disbursements | $2,596,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $947,303 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,500 |
| Other assets | $0 |
| Total assets | $12,191,633 |
| 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 | $10 |
| Total liabilities | $10 |
Grants Awarded
Over the last fiscal year, Ralph C Sheldon Foundation Inc has awarded $4,257,318 in support to 84 organizations.
| Grant Recipient | Amount |
|---|---|
ADDICTION RESPONSE MINISTRY OF CHAUT CO PURPOSE: DIRECTOR/STAFF UNRESTRICTED GRANTS | $1,000 |
ALLEGHENY HIGHLANDS COUNCIL INC PURPOSE: CAMP MERZ CAPITAL PROJECTSDIRECTOR/STAFF UNRESTRICTED GRANTS | $54,018 |
AMERICAN RED CROSS OF WNY PURPOSE: DIRECTOR/STAFF UNRESTRICTED GRANTS | $500 |
ART SERVICES INC PURPOSE: DIRECTOR/STAFF UNRESTRICTED GRANTS | $500 |
AUDUBON COMMUNITY NATURE CENTER PURPOSE: PAVED PATHWAYSDIRECTOR/STAFF UNRESTRICTED GRANTS | $29,920 |
BEMUS POINT UNITED METHODIST CHURCH PURPOSE: DIRECTOR/STAFF UNRESTRICTED GRANTS(ROYAL FAMILY KIDS CAMP) | $1,000 |