Nina And Mike Patterson Foundation
- Assets
- $3.9m
- Revenue
- $2.4m
- Investments
- $3.8m
- Employees
- 0
- Location
- Saratoga Springs, NY
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 81-4789689
Organization Overview
Nina And Mike Patterson Foundation is located in Saratoga Springs, NY. The organization was established in 2019. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Nina And Mike Patterson 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 12/2021, Nina And Mike Patterson Foundation generated $2.4m in total revenue. All expenses for the organization totaled $129.6k during the year ending 12/2021.
Since 2018, Nina And Mike Patterson Foundation has awarded 38 individual grants totaling $447,965. 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 |
|---|---|---|---|
Michael Patterson Trustee | 1 | $0 | |
Olivia Patterson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,140,084 |
| Interest on Savings | $3,310 |
| Dividends & Interest | $51,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $233,462 |
| Capital Gain Net Income | $233,462 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,394 |
| Total Revenue | $2,439,630 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,712 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,247 |
| Total operating and administrative expenses | $33,959 |
| Contributions, gifts, grants paid | $95,678 |
| Total expenses and disbursements | $129,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,026 |
| 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 | $1,052,015 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,876,230 |
| 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, Nina And Mike Patterson Foundation has awarded $95,678 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
THE MOTH PURPOSE: GENERAL SUPPORT | $27,821 |
Washington Depot, CT PURPOSE: GENERAL SUPPORT | $10,298 |
New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
ST BERNARDS SCHOOL ANNUAL FUND PURPOSE: GENERAL SUPPORT | $10,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $5,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Grinspoon Foundation Agawam, MA | $968,665,027 | $58,159,410 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Jader Trust 4 New York, NY | $1,054,851,689 | $157,383,970 |
Rockefeller Family Fund Inc New York, NY | $156,631,848 | $43,772,368 |
Shapiro-Silverberg Foundation New York, NY | $41,665,129 | $24,069,378 |
Hess Philanthropic Fund New York, NY | $231,447,732 | $32,591,174 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |