Distinguished Social Ventures Foundation

Organization Overview

Distinguished Social Ventures Foundation is located in Mamaroneck, NY. The organization was established in 2013. 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. Distinguished Social Ventures 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, Distinguished Social Ventures Foundation generated $68.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.5%) each year. All expenses for the organization totaled $68.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Distinguished Social Ventures Foundation has awarded 30 individual grants totaling $331,350. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION CONDUCTS AND PROVIDES FINANCIAL SUPPORT FOR ACTIVITIES AND PROGRAMS CONSISTENT WITH ITS CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, WHICH INCLUDE TRANSFORMING THE LIVES OF PERSONS IN DISTRESSED SOCIOECONOMIC CIRCUMSTANCES WHO FACE SIGNIFICANT BARRIERS TO EMPLOYMENT. THE FOUNDATION ACCOMPLISHES THESE PURPOSES BY HELPING TO DEVELOP EMPLOYMENT OPPORTUNITIES FOR SUCH INDIVIDUALS WITHIN THEIR COMMUNITIES, IN PART STRENGTHENING THE ABILITY OF COMMUNITY-BASED ORGANIZATIONS TO CREATE AND SUSTAIN SUCH OPPORTUNITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $68,000
Interest on Savings $0
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $68,000

Grants Awarded

Over the last fiscal year, Distinguished Social Ventures Foundation has awarded $66,000 in support to 4 organizations.

Grant RecipientAmount

OSBORNE ASSOCIATION

PURPOSE: GENERAL

$59,000

LIFTING UP WESTCHESTER

Org PageRecipient Profile

White Plains, NY

PURPOSE: GENERAL

$3,500

THE DOE FUND

PURPOSE: GENERAL

$2,500

HUDSON LINK FOR HIGHER EDUCATION

Org PageRecipient Profile

Ossining, NY

PURPOSE: GENERAL

$1,000
View Grant Profile

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