Sharon S Davis Foundation Inc
- Assets
- $2.3m
- Revenue
- $477.6k
- Investments
- $1.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2012
- Data as of
- 12/2023
- EIN
- 26-3788628
Organization Overview
Sharon S Davis Foundation Inc is located in New York, NY. The organization was established in 2012. 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. Sharon S Davis Foundation Inc 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, Sharon S Davis Foundation Inc generated $477.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $151.0k during the year ending 12/2023. While expenses have increased by 13.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sharon S Davis Foundation Inc has awarded 182 individual grants totaling $514,002. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $29,395 |
| Dividends & Interest | $48,549 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $394,666 |
| Capital Gain Net Income | $394,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $477,610 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,096 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,143 |
| Contributions, gifts, grants paid | $121,821 |
| Total expenses and disbursements | $150,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $388,006 |
| Savings and temporary cash investments | $0 |
| 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 | $8,058 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,299,233 |
| 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, Sharon S Davis Foundation Inc has awarded $121,821 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
14 PLUS FOUNDATION INC PURPOSE: SUPPORTING CHILDREN'S EDUCATION IN AFRICA | $1,000 |
BROOKLYN MUSEUM PURPOSE: GENERAL SUPPORT | $1,500 |
CENTER FOR ARCHITECTURE PURPOSE: SUPPORTS OF THE CENTER FOR ARCHITECTURE'S PATRONS | $1,000 |
CENTER FOR URBAN PEDAGOGY PURPOSE: GENERAL SUPPORT | $500 |
CREATIVE TIME PURPOSE: SUPPORT FOR BRINGING ARTISTS' VOICES TO THE FOREFRONT TO SHARE SOCIETY'S FUTURE | $1,500 |
COOPER HEWITT SMITHSONIAN DESIGN MUSEUM PURPOSE: GENERAL SUPPORT | $2,500 |