Corinthian International Foundation
- Assets
- $8.5m
- Revenue
- $210.1k
- Investments
- $8.2m
- Employees
- 0
- Location
- Nyack, NY
- Founding
- 08/1991
- Data as of
- 12/2023
- EIN
- 22-2701884
Organization Overview
Corinthian International Foundation is located in Nyack, NY. The organization was established in 1991. 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. Corinthian International 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 12/2023, Corinthian International Foundation generated $210.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Corinthian International Foundation has awarded 517 individual grants totaling $6,501,020. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30,491 |
| Dividends & Interest | $166,831 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,752 |
| Capital Gain Net Income | $12,752 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $210,074 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $24,541 |
| Taxes | $275 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,728 |
| Total operating and administrative expenses | $62,876 |
| Contributions, gifts, grants paid | $946,075 |
| Total expenses and disbursements | $1,008,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $178,439 |
| 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 | $111,436 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,242,854 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $21,958 |
| Total assets | $8,493,667 |
| 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 | $2,921,409 |
| Other liabilities | $3,819,700 |
| Total liabilities | $6,741,109 |
Grants Awarded
Over the last fiscal year, Corinthian International Foundation has awarded $946,075 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
PROJECT SHEMA PURPOSE: WELFARE | $50,000 |
99PLEDGES PURPOSE: WELFARE | $1,100 |
AMERICAN AUTISM & REHABILITATION FOUNDATION PURPOSE: MEDICAL | $1,000 |
ADAPTABILITY PURPOSE: CHILD WELFARE | $15,000 |
ASPCA PURPOSE: ANIMAL | $1,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: MEDICAL | $18,349 |