Fordham Street Foundation
- Assets
- $17.8m
- Revenue
- $1.1m
- Investments
- $16.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2004
- Data as of
- 06/2022
- EIN
- 20-0532818
Organization Overview
Fordham Street Foundation is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Fordham Street 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 06/2022, Fordham Street Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fordham Street Foundation has awarded 227 individual grants totaling $6,847,000. 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
THE FORDHAM STREET FOUNDATION PROVIDES SUPPORT TO OTHER QUALIFIED 501(C)(3) ORGANIZATIONS ALLOWING THEM TO CARRY OUT THEIR CHARITABLE ACTIVITIES. ORGANIZATIONS SERVED = 32
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith A Bigelow President | 40 | $46,545 | |
Emily C Stork Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,350 |
| Interest on Savings | $12,248 |
| Dividends & Interest | $380,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $651,996 |
| Capital Gain Net Income | $470,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $801 |
| Total Revenue | $1,059,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $46,545 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,224 |
| Depreciation | $0 |
| Occupancy | $39,868 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $87,040 |
| Total operating and administrative expenses | $207,277 |
| Contributions, gifts, grants paid | $880,000 |
| Total expenses and disbursements | $1,087,277 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,417,087 |
| 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 | $16,364,959 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,782,046 |
| 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 |
Grants Awarded
Over the last fiscal year, Fordham Street Foundation has awarded $880,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
RESEARCH FOUNDATION CUNY PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $70,000 |
LEGAL OUTREACH PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $65,000 |
Seattle, WA PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $65,000 |
TECHBRIDGE PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $65,000 |
SOUND DISCIPLINE PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $65,000 |
Amherst, MA PURPOSE: FUNDING FOR GENERAL CHARITABLE OPERATIONS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |