Screaming Comet Foundation is located in Miami Beach, FL. The organization was established in 2004. 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. Screaming Comet 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 12/2021, Screaming Comet Foundation generated $43.8m in total revenue. All expenses for the organization totaled $357.4k during the year ending 12/2021.
Since 2018, Screaming Comet Foundation has awarded 20 individual grants totaling $6,426,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William E Ford President | 0 | $0 | |
Richard Gold Secretary | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,755,609 |
| Interest on Savings | $0 |
| Dividends & Interest | $528,082 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,502,403 |
| Capital Gain Net Income | $8,502,403 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,424 |
| Total Revenue | $43,838,518 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18,030 |
| Taxes | $136,689 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $165,036 |
| Total operating and administrative expenses | $347,399 |
| Contributions, gifts, grants paid | $10,000 |
| Total expenses and disbursements | $357,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,004,035 |
| Savings and temporary cash investments | $0 |
| 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 | $69,245,296 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $114,827,433 |
| 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 |
Over the last fiscal year, Screaming Comet Foundation has awarded $3,141,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE SHED PURPOSE: GENERAL SUPPORT | $500,000 |
VICTOR PINCHUK FOUNDATION PURPOSE: GENERAL SUPPORT | $500,000 |
AMHERST COLLEGE ALUMNI FOUNDATION PURPOSE: GENERAL SUPPORT | $5,000 |
MOUNT SINAI HOSPITAL MIAMI PURPOSE: GENERAL SUPPORT | $2,000,000 |
MOUNT SINAI HOSPITAL NEW YORK PURPOSE: GENERAL SUPPORT | $25,000 |
OVARIAN FUND PURPOSE: GENERAL SUPPORT | $2,500 |