Arthur Skodnek Foundation
- Assets
- $3.7m
- Revenue
- $327.7k
- Investments
- $3.6m
- Employees
- 0
- Location
- Northport, NY
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 31-1795435
Organization Overview
Arthur Skodnek Foundation is located in Northport, NY. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Arthur Skodnek 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 12/2021, Arthur Skodnek Foundation generated $327.7k in total revenue.
Since 2019, Arthur Skodnek Foundation has awarded 27 individual grants totaling $250,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claire Skodnek Director | 20 | $65,000 | |
Cliff Skodnek Chair | 2 | $0 | |
Catherine Skodnek Secretary | 2 | $0 | |
Linda Mcmahan Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $84,771 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $242,959 |
| Capital Gain Net Income | $242,959 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $327,730 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $20,546 |
| Interest | $0 |
| Taxes | $2,249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,993 |
| Total operating and administrative expenses | $130,369 |
| Contributions, gifts, grants paid | $85,000 |
| Total expenses and disbursements | $215,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $76,708 |
| 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 | $383,640 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,669,452 |
| 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, Arthur Skodnek Foundation has awarded $85,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Beacon, NY PURPOSE: GENERAL SUPPORT | $10,000 |
High Falls, NY PURPOSE: WILD EARTH INTERNSHIP PROGRAM FOR KINGSTON HIGH SCHOOL | $10,000 |
COMMON GROUND FARM INC PURPOSE: GENERAL SUPPORT | $10,000 |
GRASSROOTS GARDENS OF WESTERN NEW YORK PURPOSE: GENERAL SUPPORT | $10,000 |
New Paltz, NY PURPOSE: GENERAL SUPPORT | $10,000 |
High Falls, NY PURPOSE: NATURE CONNECTION NETWORK, FISCALLY SPONSORED BY WILD EARTH WILDERNESS SCHOOL | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Peoples United Community Foundation Bridgeport, CT | $0 | $2,660,856 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Oneworld Boston Inc Woburn, MA | $219,473,176 | $23,349,707 |
Deloitte Foundation Stamford, CT | $61,773,232 | $17,876,963 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |