St Georges Society Of New York
- Assets
- $14.1m
- Revenue
- $1.6m
- Investments
- $11.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1935
- Data as of
- 12/2023
- EIN
- 23-7426425
Organization Overview
St Georges Society Of New York is located in New York, NY. The organization was established in 1935. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. St Georges Society Of New York 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, St Georges Society Of New York generated $1.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, St Georges Society Of New York has awarded 142 individual grants totaling $2,891,385. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AID FOR ELDERLY INDIGENT PERSONS - MONTHLY STIPENDS TO SUPPLEMENT INADEQUATE PENSIONS OR GOVERNMENTAL ASSISTANCE, COST OF SOCIAL SERVICES SUPPORT STAFF AND OVERSIGHT
AID FOR FINAL YEAR COLLEGE STUDENTS TO PREPARE FOR PROFESSIONAL CARRERS - STUDENTS RECEIVE SCHOLARSHIPS AS WELL AS CAREER ENRICHMENT ACTIVITIES AND TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Drinkwater President | 2 | $0 | |
Marc Walby First Vice President | 2 | $0 | |
Josephine Haft Second Vice President | 2 | $0 | |
Rita Kakati Shah Treasurer | 2 | $0 | |
Peter Bates Secretary | 2 | $0 | |
Udi Chattopadhyay Director | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Capital Group Private Client Services | 12/30/21 | $104,792 |
Dv Contracting Inc | 12/30/21 | $191,875 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,027,191 |
| Interest on Savings | $17,923 |
| Dividends & Interest | $244,832 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $270,777 |
| Capital Gain Net Income | $270,777 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $66,149 |
| Total Revenue | $1,626,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $124,166 |
| Other employee salaries and wages | $401,545 |
| Pension plans, employee benefits | $16,021 |
| Interest | $52,333 |
| Taxes | $0 |
| Depreciation | $40,171 |
| Occupancy | $30,031 |
| Travel, conferences, and meetings | $1,421 |
| Printing and publications | $0 |
| Other expenses | $142,437 |
| Total operating and administrative expenses | $1,060,372 |
| Contributions, gifts, grants paid | $486,866 |
| Total expenses and disbursements | $1,547,238 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,172 |
| Savings and temporary cash investments | $136,398 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $722,000 |
| 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 | $10,385 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,182,576 |
| Net Land, buildings, and equipment | $1,499,763 |
| Other assets | $64,313 |
| Total assets | $14,127,278 |
| Accounts payable and accrued expenses | $57,249 |
| Grants payable | $0 |
| Deferred revenue | $145,000 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $320,089 |
| Total liabilities | $522,338 |
Grants Awarded
Over the last fiscal year, St Georges Society Of New York has awarded $486,866 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CITY TECH FOUNDATION PURPOSE: SCHOLARSHIP | $5,500 |
BENEFICIARIES PURPOSE: SUPPORT FOR ELDERLY INDIGENT PERSONS | $448,247 |
QUEENS COLLEGE FOUNDATION PURPOSE: SCHOLARSHIP | $4,000 |
LEHMAN COLLEGE FOUNDATION PURPOSE: SCHOLARSHIP | $21,000 |
COLLEGE OF STATEN ISLAND PURPOSE: SCHOLARSHIP | $2,023 |