Stephen And Palmina Pace Foundation Inc
- Assets
- $11.9m
- Revenue
- $23.1k
- Investments
- $1.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2016
- Data as of
- 12/2022
- EIN
- 47-4164575
Organization Overview
Stephen And Palmina Pace Foundation Inc is located in New York, NY. The organization was established in 2016. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stephen And Palmina Pace Foundation Inc 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, Stephen And Palmina Pace Foundation Inc generated $23.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $198.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Stephen And Palmina Pace Foundation Inc has awarded 16 individual grants totaling $1,014,385. 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.
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 |
|---|---|---|---|
Catherine Claman President/treasurer | 35 | $70,000 | |
Ernest R Natalini Director | 5 | $0 | |
Susan Vecsey Director | 5 | $0 | |
Bethany Dobson Director | 5 | $0 | |
S Wheeler Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,620 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,000 |
| Other employee salaries and wages | $1,660 |
| Pension plans, employee benefits | $6,824 |
| Interest | $0 |
| Taxes | $5,435 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,015 |
| Printing and publications | $0 |
| Other expenses | $62,123 |
| Total operating and administrative expenses | $166,976 |
| Contributions, gifts, grants paid | $31,500 |
| Total expenses and disbursements | $198,476 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,184 |
| 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 | $171,126 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,388,014 |
| Total assets | $11,899,407 |
| 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 | $6,700 |
| Total liabilities | $6,700 |
Grants Awarded
Over the last fiscal year, Stephen And Palmina Pace Foundation Inc has awarded $31,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FINE ARTS WORK CENTER IN PROVINCETOWN PURPOSE: UNRESTRICTED CONTRIBUTION TO THE ART CENTER | $16,500 |
NEW YORK FOUNDATION FOR THE ARTS PURPOSE: CONTRIBUTION | $15,000 |