Sidney E Frank Charitable Foundation
- Assets
- $367.5m
- Revenue
- $20.9m
- Investments
- $351.0m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 06/2006
- Data as of
- 12/2020
- EIN
- 20-6383779
Organization Overview
Sidney E Frank Charitable Foundation is located in Harrison, NY. The organization was established in 2006. 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. Sidney E Frank Charitable 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 12/2020, Sidney E Frank Charitable Foundation generated $20.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $13.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Sidney E Frank Charitable Foundation has awarded 530 individual grants totaling $65,828,806. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy C Fisch Chief Investment Officer | 40 | $368,481 | |
Cathy F Halstead Trustee | 8 | $0 | |
Peter A Halstead Trustee | 8 | $0 | |
Harold R Logan Jr Statement 16 Special Trustee | 1 | $0 | |
Ann M Logan Statement 16 Special Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Offit Capital Advisors Llc | 12/30/21 | $1,101,584 |
Rockefeller Philanthropy Advisors | 12/30/21 | $348,065 |
Rockefeller Capital Mgt | 12/30/21 | $82,360 |
Pkf O'connor Davies Llp | 12/30/21 | $483,278 |
Ehrenkranz Partners Lp | 12/30/21 | $770,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,417,014 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,486,563 |
| Capital Gain Net Income | $22,259,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,903,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $353,596 |
| Other employee salaries and wages | $46,429 |
| Pension plans, employee benefits | $75,407 |
| Interest | $0 |
| Taxes | $312,282 |
| Depreciation | $0 |
| Occupancy | $3,799 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50,451 |
| Total operating and administrative expenses | $3,667,786 |
| Contributions, gifts, grants paid | $10,179,057 |
| Total expenses and disbursements | $13,846,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,444,625 |
| 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 | $315,441,453 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $367,468,478 |
| 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, Sidney E Frank Charitable Foundation has awarded $25,147,591 in support to 186 organizations.
| Grant Recipient | Amount |
|---|---|
TIPPET RISE FOUNDATION PURPOSE: TO SUPPORT THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSE AS A PRIVATE OPERATING FOUNDATION, INCLUDING THE DEVELOPMENT AND OPERATION OF PROGRAMS AND VENUES TO PROVIDE ACCESS TO ART IN A NATURAL ENVIRONMENT | $11,500,000 |
TIPPET RISE FOUNDATION PURPOSE: TO SUPPORT THE FOUNDATION'S CHARITABLE AND EDUCATIONAL PURPOSE AS A PRIVATE OPERATING FOUNDATION, INCLUDING THE DEVELOPMENT AND OPERATION OF PROGRAMS AND VENUES TO PROVIDE ACCESS TO ART IN A NATURAL ENVIRONMENT | $3,000,000 |
BROWN UNIVERSITY PURPOSE: BROWNCONNECT AND FINANCIAL AID | $3,000,000 |
BROWN UNIVERSITY PURPOSE: FOR BROWNCONNECT & SCHOLARSHIPS | $1,050,000 |
New Windsor, NY PURPOSE: TO SUPPORT THE DEVELOPMENT OF A NEW FACILITY TO BE USED FOR CONSERVATION, ART STORAGE AND MAINTENANCE, AS PART OF THE CAPITAL CAMPAIGN | $1,000,000 |
New Windsor, NY PURPOSE: TO SUPPORT THE DEVELOPMENT OF A NEW FACILITY TO BE USED FOR CONSERVATION, ART STORAGE, AND MAINTENANCE, AS PART OF THE CAPITAL CAMPAIGN | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |