Sg Foundation Inc
- Assets
- $143.8k
- Revenue
- $74.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 01/2017
- Data as of
- 12/2023
- EIN
- 81-0966003
Organization Overview
Sg Foundation Inc is located in Spring Valley, NY. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public 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. Sg 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 12/2023, Sg Foundation Inc generated $74.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $54.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sg Foundation Inc has awarded 187 individual grants totaling $432,384. 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 |
|---|---|---|---|
Samuel Hartstein Foundation Mgr. | 1 | $0 | |
Gail Hartstein Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $74,000 |
| 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 | $74,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,661 |
| Total operating and administrative expenses | $14,661 |
| Contributions, gifts, grants paid | $39,672 |
| Total expenses and disbursements | $54,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,124 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $6,233 |
| 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 | $134,473 |
| Total assets | $143,830 |
| 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 | $1,472 |
| Total liabilities | $1,472 |
Grants Awarded
Over the last fiscal year, Sg Foundation Inc has awarded $39,672 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
A TIME PURPOSE: CHARITABLE CONTRIBUTION | $180 |
YESHIVA TORAH VODAATH PURPOSE: EDUCATIONAL ASSISTANCE | $900 |
BAIS YOCHANAN SHRAGA PURPOSE: CHARITABLE CONTRIBUTION | $720 |
BNOS DEVORAH PURPOSE: CHARITABLE CONTRIBUTION | $10,122 |
CHARIDY PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
OTHER CHARITIES PURPOSE: CHARITABLE CONTRIBUTION | $6,734 |