The Snider Foundation
- Assets
- $141.9m
- Revenue
- $4.8m
- Investments
- $140.7m
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 01/1978
- Data as of
- 06/2022
- EIN
- 23-2047668
Organization Overview
The Snider Foundation is located in Bryn Mawr, PA. The organization was established in 1978. 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. Snider 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 06/2022, Snider Foundation generated $4.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $13.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Snider Foundation has awarded 1,247 individual grants totaling $92,077,923. 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 |
|---|---|---|---|
Jay Snider President | 5 | $0 | |
Lindy Snider Vice President | 5 | $0 | |
Tina Snider Vice President To 5/19/2023 | 5 | $0 | |
Tom Beach Treasurer | 5 | $0 | |
Jamie Snider Secretary | 5 | $0 | |
Laurel Escoll Trustee To 5/19/2023 | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cozen O'connor | 6/29/23 | $536,360 |
Hoplin Jackson Charitable Advisors Llc | 6/29/23 | $303,063 |
Permit Capital Advisors Llc | 6/29/23 | $467,474 |
Conley Law Group Llc | 6/29/23 | $58,034 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,064,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,648,344 |
| Capital Gain Net Income | $2,928,120 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101,560 |
| Total Revenue | $4,814,849 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $262,724 |
| Other employee salaries and wages | $459,860 |
| Pension plans, employee benefits | $122,671 |
| Interest | $0 |
| Taxes | $104,576 |
| Depreciation | $0 |
| Occupancy | $53,508 |
| Travel, conferences, and meetings | $57,387 |
| Printing and publications | $0 |
| Other expenses | $70,051 |
| Total operating and administrative expenses | $2,051,270 |
| Contributions, gifts, grants paid | $11,541,074 |
| Total expenses and disbursements | $13,592,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,547 |
| Savings and temporary cash investments | $617,478 |
| Net Accounts receivable | $933 |
| 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 | $37,070 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $29,957,385 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,375 |
| Total assets | $141,891,133 |
| Accounts payable and accrued expenses | $239,074 |
| 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 | $239,074 |
Grants Awarded
Over the last fiscal year, The Snider Foundation has awarded $33,739,827 in support to 170 organizations.
| Grant Recipient | Amount |
|---|---|
70 FACES MEDIA PURPOSE: JEWISH TELEGRAPHIC AGENCY | $500 |
ABBE MUSEUM PURPOSE: OPERATING SUPPORT | $3,500 |
ADMINISTRATORS OF THE TULANE EDUCATIONAL FUND PURPOSE: GRANT CENTER FOR THE AMERICAN JEWISH EXPERIENCE | $30,000 |
AMERICAN FRIENDS OF YAHAD-IN UNUM INC PURPOSE: OPERATING SUPPORT | $85,000 |
AMERICAN CONTEMPORARY BALLET INC PURPOSE: OPERATING SUPPORT | $200,000 |
ANIMAL CARE AND CONTROL TEAM OF PHILADELPHIA PURPOSE: OPERATING SUPPORT | $15,000 |