The Jay And Linda Sedwick Foundation
- Assets
- $0.0
- 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 (15.1%) 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 72 individual grants totaling $3,045,303. 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 L Sedwick Trustee | 1 | $0 | |
Cyd K Johnston Trustee | 1 | $0 | |
Dru A Sedwick Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $194,537 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $510,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $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 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,076 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Jay And Linda Sedwick Foundation has awarded $1,200,303 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN POLICY ROUNDTABLE PURPOSE: GENERAL SUPPORT | $100,000 |
ANSWERS IN GENESIS PURPOSE: GENERAL SUPPORT | $12,000 |
BUTLER MEALS ON WHEELS PURPOSE: GENERAL SUPPORT | $10,000 |
COMMONWEALTH FOUNDATION PURPOSE: GENERAL SUPPORT | $100,000 |
COMMUNITY ALLIANCE CHURCH PURPOSE: GENERAL SUPPORT | $58,000 |
COMMUNITY HEALTH CLINIC OF BUTLER COUNTY PURPOSE: GENERAL SUPPORT | $20,000 |