Joan Schechtman Foundation For The Arts And Sciences Inc
- Assets
- $2.0m
- Revenue
- -$107.8k
- Investments
- $2.0m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- Data as of
- 12/2023
- EIN
- 85-2857189
Organization Overview
Joan Schechtman Foundation For The Arts And Sciences Inc is located in Greenwich, CT. 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. Joan Schechtman Foundation For The Arts And Sciences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2021, Joan Schechtman Foundation For The Arts And Sciences Inc has awarded 42 individual grants totaling $241,500. 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 |
|---|---|---|---|
Joan Schechtman Pres/director | 4 | $0 | |
John T Avellino Vp/director/asst Secy | 3 | $0 | |
Rosalia Ellen Avellino Ftd Mgr/asst Secy | 26 | $72,000 | |
Gabriella Juliet Avellino MD Vp/director/asst Treas | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,619 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$125,632 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $229 |
| Total Revenue | -$107,784 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $72,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $80 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $380 |
| Printing and publications | $0 |
| Other expenses | $11,145 |
| Total operating and administrative expenses | $110,836 |
| Contributions, gifts, grants paid | $145,775 |
| Total expenses and disbursements | $256,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,623 |
| 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 | $8,222 |
| Total assets | $2,036,062 |
| Accounts payable and accrued expenses | $12,000 |
| 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 | $12,000 |
Grants Awarded
Over the last fiscal year, Joan Schechtman Foundation For The Arts And Sciences Inc has awarded $145,775 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
WOOD RIVER COMMUNITY CENTER PURPOSE: UNRESTRICTED | $500 |
NORTON MUSEUM PURPOSE: UNRESTRICTED | $10,000 |
FAMILY CENTERS OF PALM BEACH PURPOSE: UNRESTRICTED | $575 |
MALTA HOUSE PURPOSE: UNRESTRICTED | $10,000 |
HEALTHY MOTHERS HEALTHY BABIES COALITION PURPOSE: RESTRICTED TOBASICS FORBABIES PROGRAMS | $26,000 |
LAUREL HOUSE RESOURCE CTR PURPOSE: RESTRICTED TOPROGRAM SERVICES FORTHE UNDERSERVED POPULATION | $2,500 |