The Harold B & Dorothy A Snyder Foundation
- Assets
- $11.5m
- Revenue
- $1.9m
- Investments
- $10.0m
- Employees
- 0
- Location
- Silver Spring, PA
- Founding
- 01/1981
- Data as of
- 09/2022
- EIN
- 22-2316043
Organization Overview
The Harold B & Dorothy A Snyder Foundation is located in Silver Spring, PA. The organization was established in 1981. 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. Harold B & Dorothy A Snyder 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 09/2022, Harold B & Dorothy A Snyder Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $840.2k during the year ending 09/2022. While expenses have increased by 21.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Harold B & Dorothy A Snyder Foundation has awarded 94 individual grants totaling $2,979,784. 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 |
|---|---|---|---|
Paul Cortese Exec. Director | 40 | $146,900 | |
Laura Stammel Treasurer | 2 | $4,500 | |
Ray Cortese Chairperson | 1 | $4,000 | |
J Vernon Whittenburg Secretary | 1 | $4,000 | |
John Nolan Board Vice Chair | 1 | $4,000 | |
Richard Cortese Trustee | 1 | $4,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $227,141 |
| Net Rental Income | $194,472 |
| Net Gain on Sale of Assets | $1,479,874 |
| Capital Gain Net Income | $1,479,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,901,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,000 |
| Other employee salaries and wages | $146,900 |
| Pension plans, employee benefits | $15,114 |
| Interest | $0 |
| Taxes | $24,981 |
| Depreciation | $2,359 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $16,238 |
| Printing and publications | $0 |
| Other expenses | $9,771 |
| Total operating and administrative expenses | $335,623 |
| Contributions, gifts, grants paid | $504,600 |
| Total expenses and disbursements | $840,223 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,693 |
| Savings and temporary cash investments | $129,514 |
| 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 | $3,329 |
| Net Investments - land, buildings, equipment | $816,105 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,038,172 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $477,968 |
| Total assets | $11,469,781 |
| Accounts payable and accrued expenses | $15,690 |
| Grants payable | $225,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $99,004 |
| Total liabilities | $339,694 |
Grants Awarded
Over the last fiscal year, The Harold B & Dorothy A Snyder Foundation has awarded $504,600 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Browns Mills, NJ PURPOSE: SUPPORT HEALTHCARE NEEDS. | $100,000 |
JOHN F KENNEDY MEDICAL CENTER FOUNDATION PURPOSE: NEW FURNISHINGS FOR A SNYDER SINGLE PATIENT RESIDENCES. | $90,000 |
Mountainside, NJ PURPOSE: SUPPORT CHILDREN WITH SPECIAL CARE NEEDS. | $50,000 |
South Orange, NJ PURPOSE: SCHOLARSHIPS - FALL AND SPRING SEMESTERS. | $45,000 |
COVENANT HOUSE NEW JERSEY PURPOSE: RAPHAEL LIFE HOUSE KITCHEN RE-MODEL. | $43,700 |
Union, NJ PURPOSE: GRANT OUTDOOR PLAY/ACTIVITY AREA RENOVATION. | $43,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |