Roger Kresge Foundation Inc Trust
- Assets
- $1.8m
- Revenue
- $170.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- Johnson City, NY
- Founding
- 09/1971
- Data as of
- 12/2023
- EIN
- 23-7081254
Organization Overview
Roger Kresge Foundation Inc Trust is located in Johnson City, NY. The organization was established in 1971. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Roger Kresge Foundation Inc Trust 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, Roger Kresge Foundation Inc Trust generated $170.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $294.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Roger Kresge Foundation Inc Trust has awarded 44 individual grants totaling $503,454. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Kresge Ex Dir/pres/treas | 45 | $129,807 | |
Joseph Cawley Director/secretary | 0 | $0 | |
Roxie Oberg Director | 0 | $0 | |
Andrew Corea Director/vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $87 |
| Dividends & Interest | $42,582 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $124,679 |
| Capital Gain Net Income | $124,679 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,525 |
| Total Revenue | $170,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,807 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,981 |
| Interest | $0 |
| Taxes | $14,965 |
| Depreciation | $5,305 |
| Occupancy | $13,591 |
| Travel, conferences, and meetings | $1,700 |
| Printing and publications | $135 |
| Other expenses | $20,988 |
| Total operating and administrative expenses | $225,153 |
| Contributions, gifts, grants paid | $69,021 |
| Total expenses and disbursements | $294,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $183,332 |
| 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 | $1,423,429 |
| Net Land, buildings, and equipment | $196,497 |
| Other assets | $0 |
| Total assets | $1,803,258 |
| 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 | $303 |
| Total liabilities | $303 |
Grants Awarded
Over the last fiscal year, Roger Kresge Foundation Inc Trust has awarded $69,021 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL CARE SANCTUARY PURPOSE: COLLABORATIVE AGE APPROPRIATE LEARNING PROGRAM IN BROOME COUNTY SCHOOLS OF APPLIED LEARNING WITH CONTEXT TO RESCUE ANIMALS | $10,000 |
GIGI'S PLAYHOUSE SOUTHERN TIER PURPOSE: SUPPORT THE PURCHASE OF A PROGRAM EQUIPMENT, AN INTERACTIVE SAND BOX AND STACKABLE WEIGHT BEARING CHAIRS | $12,021 |
BINGHAMTON BROOME COUNTY YMCA PURPOSE: PROVIDE FINANCIAL NEED SCHOLARSHIPS FOR JC & BINGHAMTON SUMMER CAMP | $25,000 |
THE KEYS PROGRAM PURPOSE: FUNDING FOR THE MUSIC THERAPY PROGRAM SESSIONS FOR BROOME COUNTY CHILDREN WITH CANCER AND/OR DISABILITIES | $8,000 |
PATHFINDER VILLAGE FOUNDATION PURPOSE: SUPPORT RENOVATION AND UPGRADE OF PLAYGROUND AND EQUIPMENT TO ADA ACCESSIBLE STANDARDS | $10,000 |
TRI-CITIES OPERA PURPOSE: OPERA-GO-ROUND EDUCATION OUTREACH HYBRID PROGRAM | $4,000 |