Civic Intelligence

Scarsdale Foundation

990 • Fiscal year 2016 • EIN 13-6103826

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

PO Box 542Scarsdale, NY 10583

(914) 472-7797

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.01x

Higher debt load relative to assets than 82% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

89th percentile

0.15x

Higher debt load relative to revenue than 89% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Net Margin

50th percentile

-0.7%

Higher net margin than 50% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • NTEE T • $1M-$5M nonprofits • Source year 2016

Asset Growth

47th percentile

-1.1%

Faster asset growth than 47% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

51st percentile

-2.6%

Faster revenue growth than 51% of similar nonprofits.

2016 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Down

$2,241,964

Down $25,328 (-1.1%) from 2015

Net Assets

Down

$2,221,491

Down $29,091 (-1.3%) from 2015

Liabilities

Up

$20,473

Up $3,763 (+23%) from 2015

Revenue

Down

$138,884

Down $3,744 (-2.6%) from 2015

Expenses

Up

$139,906

Up $4,298 (+3.2%) from 2015

Net Income

Down

-$1,022

Down $8,042 (-115%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $1,798,804Liabilities 2011: $15,170Net Assets 2011: $1,783,6342011Assets 2012: $1,728,835Liabilities 2012: $13,709Net Assets 2012: $1,715,1262012Assets 2013: $1,949,579Liabilities 2013: $11,326Net Assets 2013: $1,938,2532013Assets 2014: $2,233,943Liabilities 2014: $14,183Net Assets 2014: $2,219,7602014Assets 2015: $2,267,292Liabilities 2015: $16,710Net Assets 2015: $2,250,5822015Assets 2016: $2,241,964Liabilities 2016: $20,473Net Assets 2016: $2,221,4912016Assets 2017: $2,413,184Liabilities 2017: $13,712Net Assets 2017: $2,399,4722017Assets 2018: $2,599,164Liabilities 2018: $12,385Net Assets 2018: $2,586,7792018Assets 2019: $2,685,734Liabilities 2019: $14,785Net Assets 2019: $2,670,9492019Assets 2020: $2,754,048Liabilities 2020: $18,300Net Assets 2020: $2,735,7482020Assets 2021: $3,654,814Liabilities 2021: $18,165Net Assets 2021: $3,636,6492021Assets 2022: $3,117,518Liabilities 2022: $25,510Net Assets 2022: $3,092,0082022Assets 2023: $3,419,077Liabilities 2023: $20,775Net Assets 2023: $3,398,3022023Assets 2024: $3,781,033Liabilities 2024: $24,380Net Assets 2024: $3,756,6532024

Highlighted filing

2016

Assets$2,241,964
Liabilities$20,473
Net Assets$2,221,491

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KExpenses 2011: $103,1172011Expenses 2012: $110,9412012Expenses 2013: $114,4792013Revenue 2014: $129,879Expenses 2014: $143,828Net Income 2014: -$13,9492014Revenue 2015: $142,628Expenses 2015: $135,608Net Income 2015: $7,0202015Revenue 2016: $138,884Expenses 2016: $139,906Net Income 2016: -$1,0222016Revenue 2017: $175,983Expenses 2017: $208,373Net Income 2017: -$32,3902017Revenue 2018: $248,002Expenses 2018: $166,742Net Income 2018: $81,2602018Revenue 2019: $158,120Expenses 2019: $176,635Net Income 2019: -$18,5152019Revenue 2020: $168,277Expenses 2020: $163,813Net Income 2020: $4,4642020Revenue 2021: $368,437Expenses 2021: $200,131Net Income 2021: $168,3062021Revenue 2022: $256,028Expenses 2022: $198,067Net Income 2022: $57,9612022Revenue 2023: $275,153Expenses 2023: $216,752Net Income 2023: $58,4012023Revenue 2024: $298,425Expenses 2024: $276,952Net Income 2024: $21,4732024

Highlighted filing

2016

Revenue$138,884
Expenses$139,906
Net Income-$1,022
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$307,366
Mission and Program Overview

Mission

To support charitable and educational programs and services benefiting the citizens of scarsdale, ny.

Its main purpose is to promote civic welfare in the community of scarsdale.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$2,085,358$2,101,485▲ $16,127
Savings and Temporary Cash Investments$179,634$138,179▼ $41,455
Cash and Non-Interest-Bearing Accounts$800$800→ $0
Total Assets$2,267,292$2,241,964▼ $25,328
Other Assets Total$1,500$1,500→ $0
Liabilities
Accounts Payable and Accrued Expenses$16,710$20,473▲ $3,763
Total Liabilities$16,710$20,473▲ $3,763
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,539,547$1,496,294▼ $43,253
Unrestricted Net Assets$611,035$625,197▲ $14,162
Permanently Rstr Net Assets$100,000$100,000→ $0
Total Net Assets Fund Balance$2,250,582$2,221,491▼ $29,091
Total Liabilities and Net Assets / Fund Balance$2,267,292$2,241,964▼ $25,328

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$75,173--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$100,000---$100,000
2014$100,000---$100,000
2013$100,000---$100,000
2012$100,000---$100,000
2011$100,000---$100,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Evelyn StockPresident
Beverley SvedVice President
David KarpTrustee
Emily SherwoodTrustee
Jane VeronTrustee
Richard ToderTrustee
Seth RossTrustee
Randy GuggenheimerSecretary
Susie H RushTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$92,763
Program Service Revenue
$0
Investment Income
$44,270
Other Revenue
$1,851
All Other Contributions
$87,852
Change in Net Assets
$-1,022

Audited Revenue Reconciliation

Revenue per Audited Statements
$138,884
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-28,069
Total Revenue per Audited Statements
$110,815
Total Revenue per Form 990
$138,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$133,773
Other Expenses$6,133
Total Fundraising Expense$209
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$127,273--$127,273
Grants to Domestic Orgs$6,500--$6,500
Fees for Services Accounting-$5,000-$5,000
Information Technology-$410-$410
Office Expenses-$239-$239
Other Expenses-$275$209$209
Total Functional Expenses$133,773$5,924$209$139,906

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$139,906
Total Expenses per Audited Statements$139,906
Total Expenses per Form 990$139,906
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Scarsdale Edgemont Family Counseling ServiceScarsdale, NY-To Provide Additional Program Related Funding$4,000
Scarsdale Teen CenterScarsdale, NY-To Provide Additional Program Related Funding$2,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,030
Fundraising Direct Expenses$22,179
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Scarsdale Bowl Dinner$28,941$24,030$2,685$21,345
Total Events$28,941$24,030$22,179$1,851
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft of form 990 is presented to the board of trustees along with a draft of the audited financial statements in advance of the meeting where documents will be discussed in order to allow for a detailed review of the documents by each trustee. At the board meeting, each trustee's questions and comments are addressed. Any changes required to the documents are made and the documents are then circulated to the board members for final approval prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors disclose any conflicts of interest prior to participating in discussions that affect the awarding of grants to organizations and recuse themselves from voting on these matters. This is documented in the board of trustees minutes.

Form 990, Part VI, Section C, Line 18

The organizations form 990 and form 990-ez are available on two outside websites - www.guidestar.org and the nys department of charities registration (www.charitiesnys.com). Documentation relating to the organization's request for exemption is available upon written request to the organization.

Form 990, Part VI, Section C, Line 19

Copies of the organization's governing documents, conflict of interest policy, whistle-blower policy and document management policy as well as the financial statements and form 990 are made available upon written request to the organization.

Filing and Contact Details

Filer

Filer Name
Scarsdale Foundation
EIN
13-6103826
Phone
9144727797
Address
PO BOX 542, SCARSDALE, NY 10583

Signing Officer

Name
Susie Rush
Title
Treasurer
Phone
9144727797
Signed
2017-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susie Rush
Formed
1923
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
16

Preparer

Firm
Bosco Johnn & Co CPA Pc
Address
90 COLUMBUS AVENUE, VALHALLA, NY 10595
Preparer
Richard Bosco
Phone
9146835553
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The foundation receives funds and distributes such funds to institutions and individuals in support of charitable and educational programs and services benefiting the citizens of scarsdale. The primary source of contributions received is from private citizens and local organizations. In furthering its primary exempt purpose, the foundation awards grants to college students entering their sophomore, junior and senior years of college, provides awards to high school seniors, and administers charitable funds established for scholarships, community service and an assistance program for employees of the school district. See form 990 schedule i for grants and allocations made for the 2015-2016 fiscal year.

FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:

The foundation receives funds and distributes such funds to institutions and individuals in support of charitable and educational programs and services benefiting the citizens of scarsdale. The primary source of contributions received is from private citizens and local organizations. In furthering its primary exempt purpose, the foundation awards grants to college students entering their sophomore, junior and senior years of college, provides awards to high school seniors, and administers charitable funds established for scholarships, community service and an assistance program for employees of the school district.

Financial Statement Notes

PART V, LINE 4:

The organization's endowment funds are permanently restricted to provide funding for future scholarships.

PART X, LINE 2:

The foundation evaluates the effect of uncertain tax positions in accordance with the provisions of gaap. The foundation discloses material adjustments resulting from tax examinations, if any, and reports interest and penalties resulting from such adjustments, as interest expense or other expense. There were no tax examinations or adjustments relating therefrom. Tax returns for the years ended june 30, 2013 through 2016 are subject to audit by the applicable governmental jurisdictions.

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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0142628
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/ReconcilationRevenueExpnssAmt0-1022
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt011873
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0179634
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0138179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt094614
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt097461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt078860
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt082730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0430806
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt016201
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt016321
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt035546
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt039254
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt026157
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0133479
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68040
IRS990ScheduleA/PublicSupportPY170Pct00.67560
IRS990ScheduleA/PublicSupportTotal170Amt0383950
IRS990ScheduleA/SubstantialContributorsTotAmt046856
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt094614
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt097461
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt078860
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt082730
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt077141
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0430806
IRS990ScheduleA/TotalSupportAmt0564285
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0100000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0100000
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0139906
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-28069
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0189928
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1187882
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt2491885
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt31156617
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt475173
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD INTERNATIONAL VALUE FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD INTERNATIONAL GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2VANGUARD TOTAL BOND MARKET INDEX ADMIRAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3VANGUARD TOTAL STOCK MARKET INDEX ADMIRAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD SHORT TERM INVEST GR ADMIRAL FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/RevenueNotReportedAmt0-28069
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0138884
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S ENDOWMENT FUNDS ARE PERMANENTLY RESTRICTED TO PROVIDE FUNDING FOR FUTURE SCHOLARSHIPS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION EVALUATES THE EFFECT OF UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF GAAP. THE FOUNDATION DISCLOSES MATERIAL ADJUSTMENTS RESULTING FROM TAX EXAMINATIONS, IF ANY, AND REPORTS INTEREST AND PENALTIES RESULTING FROM SUCH ADJUSTMENTS, AS INTEREST EXPENSE OR OTHER EXPENSE. THERE WERE NO TAX EXAMINATIONS OR ADJUSTMENTS RELATING THEREFROM. TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2013 THROUGH 2016 ARE SUBJECT TO AUDIT BY THE APPLICABLE GOVERNMENTAL JURISDICTIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt02101485
IRS990ScheduleD/TotalExpensesPerForm990Amt0139906
IRS990ScheduleD/TotalRevenuePerForm990Amt0138884
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0110815
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0139906
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt04911
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt04911
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt022179
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SCARSDALE BOWL DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt019494
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt019494
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt028941
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt028941
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt024030
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt024030
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01851
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02685
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02685
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0110000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt112710
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt25800
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0COLLEGE SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1SUMMER CAMP GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2CITIZENSHIP AWARDS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt019
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt28
IRS990ScheduleI/RecipientTable/CashGrantAmt04000
IRS990ScheduleI/RecipientTable/CashGrantAmt12500
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE ADDITIONAL PROGRAM RELATED FUNDING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO PROVIDE ADDITIONAL PROGRAM RELATED FUNDING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SCARSDALE EDGEMONT FAMILY COUNSELING SERVICE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1SCARSDALE TEEN CENTER
IRS990ScheduleI/RecipientTable/RecipientEIN0131739954
IRS990ScheduleI/RecipientTable/RecipientEIN1134027108
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt014 HARWOOD COURT
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1862 SCARSDALE AVENUE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SCARSDALE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SCARSDALE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010583
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110583
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION REQUIRES SUBMISSION OF AN APPLICATION AND FINANCIAL INFORMATION FOR ALL PERSONS REQUESTING SCHOLARSHIP ASSISTANCE. THE FINANCIAL DATA IS REVIEWED FOR NEED AND THE APPLICANT MUST SUPPLY A TUITION BILL BEFORE THE CHECK IS GIVEN TO THE STUDENT. FOR COMMUNITY ORGANIZATIONS, A REQUEST FOR FUNDING AND FINANCIAL INFORMATION IS REQUIRED. THE ORGANIZATION MONITORS THE PROGRAMMATIC USE OF THE FUNDS AND USUALLY REQUIRES COMPLETION OF THE PROJECT FUNDED BEFORE GIVING THE ORGANIZATION THE FUNDS REQUESTED.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION RECEIVES FUNDS AND DISTRIBUTES SUCH FUNDS TO INSTITUTIONS AND INDIVIDUALS IN SUPPORT OF CHARITABLE AND EDUCATIONAL PROGRAMS AND SERVICES BENEFITING THE CITIZENS OF SCARSDALE. THE PRIMARY SOURCE OF CONTRIBUTIONS RECEIVED IS FROM PRIVATE CITIZENS AND LOCAL ORGANIZATIONS. IN FURTHERING ITS PRIMARY EXEMPT PURPOSE, THE FOUNDATION AWARDS GRANTS TO COLLEGE STUDENTS ENTERING THEIR SOPHOMORE, JUNIOR AND SENIOR YEARS OF COLLEGE, PROVIDES AWARDS TO HIGH SCHOOL SENIORS, AND ADMINISTERS CHARITABLE FUNDS ESTABLISHED FOR SCHOLARSHIPS, COMMUNITY SERVICE AND AN ASSISTANCE PROGRAM FOR EMPLOYEES OF THE SCHOOL DISTRICT. SEE FORM 990 SCHEDULE I FOR GRANTS AND ALLOCATIONS MADE FOR THE 2015-2016 FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION RECEIVES FUNDS AND DISTRIBUTES SUCH FUNDS TO INSTITUTIONS AND INDIVIDUALS IN SUPPORT OF CHARITABLE AND EDUCATIONAL PROGRAMS AND SERVICES BENEFITING THE CITIZENS OF SCARSDALE. THE PRIMARY SOURCE OF CONTRIBUTIONS RECEIVED IS FROM PRIVATE CITIZENS AND LOCAL ORGANIZATIONS. IN FURTHERING ITS PRIMARY EXEMPT PURPOSE, THE FOUNDATION AWARDS GRANTS TO COLLEGE STUDENTS ENTERING THEIR SOPHOMORE, JUNIOR AND SENIOR YEARS OF COLLEGE, PROVIDES AWARDS TO HIGH SCHOOL SENIORS, AND ADMINISTERS CHARITABLE FUNDS ESTABLISHED FOR SCHOLARSHIPS, COMMUNITY SERVICE AND AN ASSISTANCE PROGRAM FOR EMPLOYEES OF THE SCHOOL DISTRICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF FORM 990 IS PRESENTED TO THE BOARD OF TRUSTEES ALONG WITH A DRAFT OF THE AUDITED FINANCIAL STATEMENTS IN ADVANCE OF THE MEETING WHERE DOCUMENTS WILL BE DISCUSSED IN ORDER TO ALLOW FOR A DETAILED REVIEW OF THE DOCUMENTS BY EACH TRUSTEE. AT THE BOARD MEETING, EACH TRUSTEE'S QUESTIONS AND COMMENTS ARE ADDRESSED. ANY CHANGES REQUIRED TO THE DOCUMENTS ARE MADE AND THE DOCUMENTS ARE THEN CIRCULATED TO THE BOARD MEMBERS FOR FINAL APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS DISCLOSE ANY CONFLICTS OF INTEREST PRIOR TO PARTICIPATING IN DISCUSSIONS THAT AFFECT THE AWARDING OF GRANTS TO ORGANIZATIONS AND RECUSE THEMSELVES FROM VOTING ON THESE MATTERS. THIS IS DOCUMENTED IN THE BOARD OF TRUSTEES MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATIONS FORM 990 AND FORM 990-EZ ARE AVAILABLE ON TWO OUTSIDE WEBSITES - WWW.GUIDESTAR.ORG AND THE NYS DEPARTMENT OF CHARITIES REGISTRATION (WWW.CHARITIESNYS.COM). DOCUMENTATION RELATING TO THE ORGANIZATION'S REQUEST FOR EXEMPTION IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COPIES OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, WHISTLE-BLOWER POLICY AND DOCUMENT MANAGEMENT POLICY AS WELL AS THE FINANCIAL STATEMENTS AND FORM 990 ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01539547
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01496294
IRS990/TempOrPermanentEndowmentsInd01
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02267292
IRS990/TotalAssetsEOYAmt02241964
IRS990/TotalAssetsGrp/BOYAmt02267292
IRS990/TotalAssetsGrp/EOYAmt02241964
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt092763
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0209

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.78$0.02$3.76$0.30$0.28$0.02
2023Detailed filing. Detailed filing data is available for this year.$3.42$0.02$3.40$0.28$0.22$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.12$0.03$3.09$0.26$0.20$0.06
2021Detailed filing. Detailed filing data is available for this year.$3.65$0.02$3.64$0.37$0.20$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.75$0.02$2.74$0.17$0.16$0.00
2019Detailed filing. Detailed filing data is available for this year.$2.69$0.01$2.67$0.16$0.18$0.02
2018Detailed filing. Detailed filing data is available for this year.$2.60$0.01$2.59$0.25$0.17$0.08
2017Summary only. Only limited summary data is available for this year.$2.41$0.01$2.40$0.18$0.21$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.24$0.02$2.22$0.14$0.14$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.27$0.02$2.25$0.14$0.14$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.23$0.01$2.22$0.13$0.14$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.95$0.01$1.94$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.01$1.72$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.80$0.02$1.78$0.10