Pascale Sykes Foundation Incorporated
- Assets
- $0.0
- Revenue
- $10.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 22-3161324
Organization Overview
Pascale Sykes Foundation Incorporated is located in Philadelphia, PA. The organization was established in 1992. 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. Pascale Sykes Foundation Incorporated 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 12/2022, Pascale Sykes Foundation Incorporated generated $10.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (69.0%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Pascale Sykes Foundation Incorporated has awarded 30 individual grants totaling $3,802,026. 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 |
|---|---|---|---|
Frances P Sykes President | 40 | $0 | |
Michael Jeary Trustee | 1 | $0 | |
Jeanie Fox Lazerov Secretary | 1 | $0 | |
Elaine Bradford Trustee | 1 | $0 | |
Susan Kyrillos Trustee | 1 | $0 | |
Jody Veler Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,829 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,026 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $351,404 |
| Pension plans, employee benefits | $21,996 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $7,400 |
| Travel, conferences, and meetings | $72,583 |
| Printing and publications | $0 |
| Other expenses | $25,100 |
| Total operating and administrative expenses | $1,728,921 |
| Contributions, gifts, grants paid | $1,046,994 |
| Total expenses and disbursements | $2,775,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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, Pascale Sykes Foundation Incorporated has awarded $1,046,994 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
APPEL FARM ARTS & MUSIC CENTER PURPOSE: FAMILIES TO COLLEGE | $169,250 |
HABCORE INC PURPOSE: STRENGTHENING FAMILIES | $22,572 |
MERCY CENTER INC PURPOSE: FAMILIA ADELANTE/FAMILY | $328,822 |
NEW CITY KIDS PURPOSE: FAMILIES FOR LITERACY | $306,250 |
PARENTS ANONYMOUS OF NJ PURPOSE: KEANSBURG FATHER TIME | $70,000 |
REVIVE SOUTH JERSEY PURPOSE: UNIDOS PARA LA FAMILIA | $25,000 |