Cygnus Management Foundation Inc

Organization Overview

Cygnus Management Foundation Inc is located in Syracuse, NY. 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. Cygnus Management 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 12/2021, Cygnus Management Foundation Inc generated $144.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 33.4% each year . All expenses for the organization totaled $53.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1
Dividends & Interest $20,189
Net Rental Income$0
Net Gain on Sale of Assets $124,341
Capital Gain Net Income $124,341
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $144,531

Grants Awarded

Over the last fiscal year, Cygnus Management Foundation Inc has awarded $33,500 in support to 13 organizations.

Grant RecipientAmount

FOUNDATION AT MENORAH PARK

PURPOSE: GENERAL PURPOSES

$6,000

KINNEY DRUGS FOUNDATION INC

Org PageRecipient Profile

Gouverneur, NY

PURPOSE: CHILDREN'S MIRACLE NETWORK

$4,500

ONONDAGA COUNTY PUBLIC LIBRARY

Org PageRecipient Profile

Syracuse, NY

PURPOSE: GENERAL PURPOSES

$3,500

AMERICAN RED CROSS

PURPOSE: GENERAL PURPOSES

$3,000

Syracuse, NY

PURPOSE: GENERAL PURPOSES

$3,000

CHABAD HOUSE

PURPOSE: GENERAL PURPOSES

$3,000
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