Ted & Meredith Segal Foundation
- Assets
- $5.8m
- Revenue
- $2.0m
- Investments
- $2.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4713571
Organization Overview
Ted & Meredith Segal Foundation is located in New York, NY. The organization was established in 2017. 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. Ted & Meredith Segal 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, Ted & Meredith Segal Foundation generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Ted & Meredith Segal Foundation has awarded 55 individual grants totaling $3,768,470. 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 |
|---|---|---|---|
Ted Segal Trustee | 2 | $0 | |
Meredith Perla Segal Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,553 |
| Dividends & Interest | $115,718 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,929,795 |
| Capital Gain Net Income | $1,929,795 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,048,066 |
| 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 | $1,000 |
| Total operating and administrative expenses | $8,374 |
| Contributions, gifts, grants paid | $1,400,000 |
| Total expenses and disbursements | $1,408,374 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,209,008 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,359 |
| Total assets | $5,799,028 |
| 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 |
Grants Awarded
Over the last fiscal year, Ted & Meredith Segal Foundation has awarded $1,400,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
BLUE ANGEL FOUNDATION PURPOSE: OPERATIONS | $5,000 |
CHILD MIND INSTITUTE PURPOSE: OPERATIONS | $25,000 |
DYNAMO CHARITIES PURPOSE: OPERATIONS | $100,000 |
FOOD BANK FOR NEW YORK CITY PURPOSE: OPERATIONS | $100,000 |
FRIENDS OF RODEPH SHOLOM SCHOOL PURPOSE: OPERATIONS | $40,000 |
GIFFORDS LAW CENTER PURPOSE: OPERATIONS | $25,000 |