S & G Foundation
- Assets
- $0.0
- Revenue
- $294.9m
- Investments
- $1.1b
- Employees
- 0
- Location
- Albany, NY
- Founding
- 01/1998
- Data as of
- 06/2021
- EIN
- 36-4193183
Organization Overview
S & G Foundation is located in Albany, NY. The organization was established in 1998. 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. S & G 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 06/2021, S & G Foundation generated $294.9m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $94.8m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER CHARITABLE ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).
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 |
|---|---|---|---|
Gale L Davis Secretary | 5 | $0 | |
Jacob Mnookin Vice President | 1 | $0 | |
Lansing A Davis Treasurer | 5 | $0 | |
Shelby Mc Davis President | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jacob Mnookin | 12/30/22 | $72,000 |
Philip O Geier | 12/30/22 | $244,000 |
Capital Ideas Inc | 12/30/22 | $882,241 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000,000 |
| Interest on Savings | $40,334 |
| Dividends & Interest | $28,123,037 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,805,503 |
| Total Revenue | $294,936,683 |
| 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 | $13,583,245 |
| Contributions, gifts, grants paid | $81,195,350 |
| Total expenses and disbursements | $94,778,595 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $732,952,776 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, S & G Foundation has awarded $80,795,294 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS - STOCK (SEE STATEMENT) PURPOSE: GENERAL CHARITABLE PURPOSES | $29,616,452 |
VARIOUS - CASH (SEE STATEMENT) PURPOSE: GENERAL CHARITABLE PURPOSES | $51,178,842 |