Triangle Fund
- Assets
- $7.7m
- Revenue
- -$56.4k
- Investments
- $7.7m
- Employees
- 0
- Location
- Corning, NY
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 31-1591261
Organization Overview
Triangle Fund is located in Corning, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Triangle Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Triangle Fund has awarded 190 individual grants totaling $1,921,197. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James D Houghton Director | 0.5 | $0 | |
Nina B Houghton Vice President | 1 | $0 | |
Robert W Houghton President | 1 | $0 | |
Macy A Mcginness Director | 0.5 | $0 | |
Amory Houghton III Director | 0.5 | $0 | |
Joanne C Houghton Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $142,400 |
| Interest on Savings | $292 |
| Dividends & Interest | $139,987 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$344,079 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,999 |
| Total Revenue | -$56,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $57,396 |
| Pension plans, employee benefits | $0 |
| Interest | $13 |
| Taxes | $5,525 |
| Depreciation | $0 |
| Occupancy | $6,051 |
| Travel, conferences, and meetings | $2,830 |
| Printing and publications | $2,190 |
| Other expenses | $17,499 |
| Total operating and administrative expenses | $144,770 |
| Contributions, gifts, grants paid | $258,552 |
| Total expenses and disbursements | $403,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,728,700 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,734,358 |
| 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, Triangle Fund has awarded $258,552 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ROCKWELL MUSEUM OF ART PURPOSE: ALLEY ART & IDENTITY AND THE ARTIST PROGRAM | $18,000 |
SOUTHSIDE COMMUNITY CENTER PURPOSE: YOUTH CENTER & TRANSPORTATION FUND GRANT | $17,500 |
CORNING MUSEUM OF GLASS PURPOSE: GLASS MAKING WITH HSLC & THE CHALLENGE PROGRAM | $8,562 |
PROACTION OF STEUBEN AND YATES INC PURPOSE: HORNELL AND BATH FRC, BATH YOUTH CENTER,YOUTH EMPLOYMENT PROGRAM | $33,450 |
FRIENDS OF ADDISON YOUTH CENTER INC PURPOSE: CAPACITY BUILDING REQUEST & THE SUMMER EXPERIENCE | $2,592 |
171 CEDER ARTS CENTER PURPOSE: CAPACITY BUILDING REQUEST & MULTI-ARTS EXPERIENTAL EDUCATION | $10,160 |