The Nathan Cummings Foundation Inc is located in New York, NY. The organization was established in 2013. 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.
For the year ending 12/2019, Nathan Cummings Foundation Inc generated $25.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $36.2m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Nathan Cummings Foundation Inc has awarded 370 individual grants totaling $29,096,953. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ms Sharon Alpert President & CEO | 40 | $455,609 | |
Ms Leticia Peguero Vice President, Prog | 40 | $250,808 | |
Mr Bob Bancroft Vice President, Finance | 40 | $233,650 | |
Ms Paulette Harper Vice President, Hr & | 40 | $213,652 | |
Mr Isaac Luria Dir, Voice, Creativi | 40 | $177,128 | |
Ms Lavastian Glenn Director, Racial & E | 40 | $171,350 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Global Endowment Management Lp | 12/30/19 | $2,000,178 |
Spitfire Strategies | 12/30/19 | $362,389 |
Rockefeller Philanthropy Advisors | 12/30/19 | $264,696 |
Kiwi Partners | 12/30/19 | $284,413 |
Berlin Rosen Ltd | 12/30/19 | $125,000 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $661,613 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $187,467 |
Capital Gain Net Income | $17,858,164 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $24,128,163 |
Total Revenue | $24,977,243 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $822,105 |
Other employee salaries and wages | $2,064,612 |
Pension plans, employee benefits | $1,441,446 |
Interest | $0 |
Taxes | $829,418 |
Depreciation | $72,628 |
Occupancy | $789,201 |
Travel, conferences, and meetings | $610,021 |
Printing and publications | $260 |
Other expenses | $610,761 |
Total operating and administrative expenses | $11,715,319 |
Contributions, gifts, grants paid | $24,496,917 |
Total expenses and disbursements | $36,212,236 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $325,154 |
Savings and temporary cash investments | $6,745,273 |
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 | $236,875 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $385,605,496 |
Net Land, buildings, and equipment | $375,889 |
Other assets | $24,105,638 |
Total assets | $444,315,012 |
Accounts payable and accrued expenses | $654,121 |
Grants payable | $8,775,000 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $4,054,995 |
Total liabilities | $13,484,116 |
Over the last fiscal year, The Nathan Cummings Foundation Inc has awarded $29,096,953 in support to 370 organizations.
Grant Recipient | Amount |
---|---|
NEW ISRAEL FUND PURPOSE: SHAHARIT: CREATING COMMON CAUSE | $600,000 |
Richmond, CA PURPOSE: RISE UP: NOURISHING THE SOUL OF JEWISH JUSTICE | $500,000 |
New York, NY PURPOSE: POP CULTURE COLLABORATIVE FUND | $500,000 |
New York, NY PURPOSE: POP CULTURE COLLABORATIVE FUND | $500,000 |
Detroit, MI PURPOSE: GENERAL SUPPORT | $450,000 |
Detroit, MI PURPOSE: GENERAL SUPPORT | $450,000 |
Over the last fiscal year, we have identified 1 grants that The Nathan Cummings Foundation Inc has recieved totaling $195,000.
Awarding Organization | Amount |
---|---|
Living Cities Inc The National Community Development Initiative New York, NY PURPOSE: SEE PART IV | $195,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Bessemer Giving Fund Woodbridge, NJ | $409,066,331 | $210,062,584 |
Starr Foundation New York, NY | $1,224,410,899 | $115,036,092 |
S & G Foundation albany, NY | $1,147,138,007 | $304,610,125 |
Robertson Foundation New York, NY | $0 | $6,750,182 |
Surdna Foundation Inc New York, NY | $997,976,972 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $70,221,503 | $91,386,230 |
Quantitative Foundation Philadelphia, PA | $153,731,021 | $21,465,211 |
Paul E Singer Foundation New York, NY | $0 | $7,422,166 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $584,180,972 | $20,558,970 |
Foundation For A Just Society New York, NY | $669,006,896 | $96,141,739 |
The Nathan Cummings Foundation Inc New York, NY | $444,315,012 | $24,977,243 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $1,477,774 |