Svrcek Foundation
- Assets
- $5.6m
- Revenue
- $3.8m
- Investments
- $5.1m
- Employees
- 0
- Location
- Jericho, NY
- Founding
- 11/2017
- Data as of
- 12/2022
- EIN
- 82-3256562
Organization Overview
Svrcek Foundation is located in Jericho, NY. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Svrcek 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, Svrcek Foundation generated $3.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 61.3% each year . All expenses for the organization totaled $193.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Svrcek Foundation has awarded 30 individual grants totaling $355,000. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,983 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,663,318 |
| Capital Gain Net Income | $3,663,318 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,036 |
| Total Revenue | $3,785,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $856 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,163 |
| Total operating and administrative expenses | $15,876 |
| Contributions, gifts, grants paid | $177,500 |
| Total expenses and disbursements | $193,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,001 |
| 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 | $5,126,837 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $444,714 |
| Total assets | $5,572,552 |
| 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, Svrcek Foundation has awarded $177,500 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
NOVA UKRAIN PURPOSE: UNRESTRICTED | $100,000 |
PIVOTWORKS INC PURPOSE: HEALTHCARE | $15,000 |
INSTITUTE OF ADVANCED STUDIES PURPOSE: EDUCATION | $10,000 |
MIT PURPOSE: EDUCATION | $10,000 |
PRINCETON UNIVERSITY ANNUAL GIVING PURPOSE: EDUCATION | $10,000 |
CARNEGIE HALL PURPOSE: THE ADVANCEMENT OF INSTRUMENTAL MUSIC | $7,500 |