The Jay And Linda Sedwick Foundation
- Assets
- $7.7m
- Revenue
- $510.5k
- Investments
- $6.3m
- Employees
- 0
- Location
- Butler, PA
- Founding
- 11/1987
- Data as of
- 06/2022
- EIN
- 25-6284774
Organization Overview
The Jay And Linda Sedwick Foundation is located in Butler, PA. The organization was established in 1987. 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. Jay And Linda Sedwick 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, Jay And Linda Sedwick Foundation generated $510.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (47.1%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Jay And Linda Sedwick Foundation has awarded 55 individual grants totaling $1,845,000. 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 |
|---|---|---|---|
Cyd K Johnston Trustee | 1 | $0 | |
Dru A Sedwick Trustee | 1 | $0 | |
Jay L Sedwick Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $194,537 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $315,988 |
| Capital Gain Net Income | $315,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $510,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,900 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,900 |
| Contributions, gifts, grants paid | $997,500 |
| Total expenses and disbursements | $1,003,400 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,393,566 |
| 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 | $10,076 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,716,420 |
| 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, The Jay And Linda Sedwick Foundation has awarded $997,500 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Grove City, PA PURPOSE: GENERAL SUPPORT | $175,000 |
Dallas, TX PURPOSE: GENERAL SUPPORT | $150,000 |
Arlington, VA PURPOSE: GENERAL SUPPORT | $100,000 |
Harrisburg, PA PURPOSE: GENERAL SUPPORT | $100,000 |
Strongsville, OH PURPOSE: GENERAL SUPPORT | $100,000 |
COMMONWEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Jay And Linda Sedwick Foundation has recieved totaling $156,667.
| Awarding Organization | Amount |
|---|---|
Central Pennsylvania Scholarship Fund Tyrone, PA PURPOSE: EDUCATION GRANT | $156,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |