Ittleson Foundation Inc
- Assets
- $9.3m
- Revenue
- $377.4k
- Investments
- $9.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/1975
- Data as of
- 12/2022
- EIN
- 51-0172757
Organization Overview
Ittleson Foundation Inc is located in New York, NY. The organization was established in 1975. 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. Ittleson 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, Ittleson Foundation Inc generated $377.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $913.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ittleson Foundation Inc has awarded 66 individual grants totaling $1,158,800. 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 |
|---|---|---|---|
H Anthony Ittleson Chairman & President | 10 | $0 | |
Pamela L Syrmis Vice President | 1 | $0 | |
Victor Talbot Director | 1 | $0 | |
Philip Ittleson Director | 1 | $0 | |
Christina Ittleson Smith Director | 1 | $0 | |
Anthony C Wood Secretary/exec Director | 35 | $183,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,403 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $246,991 |
| Capital Gain Net Income | $246,991 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $377,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $183,000 |
| Other employee salaries and wages | $87,910 |
| Pension plans, employee benefits | $149,991 |
| Interest | $0 |
| Taxes | $10,857 |
| Depreciation | $0 |
| Occupancy | $78,718 |
| Travel, conferences, and meetings | $13,336 |
| Printing and publications | $269 |
| Other expenses | $56,805 |
| Total operating and administrative expenses | $617,868 |
| Contributions, gifts, grants paid | $296,000 |
| Total expenses and disbursements | $913,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $101,305 |
| Net Accounts receivable | $1,072 |
| 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 | $90,000 |
| Total assets | $9,292,197 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $120,000 |
| 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 | $120,000 |
Grants Awarded
Over the last fiscal year, Ittleson Foundation Inc has awarded $296,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ALONGSIDE NETWORK PURPOSE: SUPPORT ALONGSIDE WELLBEING MODEL | $30,000 |
CANDID - MEMBERSHIP GRANT PURPOSE: GENERAL EXEMPT PURPOSES | $2,000 |
DRAYTON HALL PRESERVATION PURPOSE: GENERAL EXEMPT PURPOSES | $8,000 |
ENVIRONMENTAL ADVOCATES OF NEW YORK PURPOSE: SUPPORT THE INITIATIVE: THE DECOMMISSIONING OF RETAIL FUEL DISPENSING FACILITIES | $15,000 |
ENVIRONMENTAL GRANTMAKERS - MEMBERSHIP GRANT PURPOSE: GENERAL EXEMPT PURPOSES | $2,100 |
FUNDERS CONCERNED ABOUT AIDS - MEMBERSHIP GRANT PURPOSE: GENERAL EXEMPT PURPOSES | $500 |