North Star Charitable Foundation is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. North Star Charitable 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 12/2022, North Star Charitable Foundation generated $10.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $11.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, North Star Charitable Foundation has awarded 219 individual grants totaling $39,660,669. 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie A Mars Chairman | 1 | $0 | |
Philip M White Chairman | 1 | $0 | |
Christopher M White Vice-Chairman | 1 | $0 | |
Justin F White Vice-Chairman | 1 | $0 | |
Kelly J Chapman Vice-Chairman | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,990,097 |
| Interest on Savings | $0 |
| Dividends & Interest | $183,539 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$89,348 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,084,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,432 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $3,922 |
| Contributions, gifts, grants paid | $11,746,750 |
| Total expenses and disbursements | $11,750,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,235,654 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $11,244,557 |
| 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 |
Over the last fiscal year, North Star Charitable Foundation has awarded $11,746,750 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO ROCKY MOUNTAIN SCHOOL PURPOSE: GENERAL PURPOSE | $50,000 |
GREENWAY MIDDLE SCHOOL PURPOSE: GENERAL SUPPORT | $15,000 |
SWEETWATER COMMUNITY SCHOOL PURPOSE: GENERAL PURPOSE | $11,750 |
CONSERVATION INTERNATIONAL PURPOSE: GENERAL PURPOSES | $50,000 |
AMIGOS OF COSTA RICA INC PURPOSE: GENERAL PURPOSES | $70,000 |
SCHOLARCHIPS INC PURPOSE: GENERAL PURPOSE | $75,000 |