Civic Intelligence

The Schenectady Foundation

990 • Fiscal year 2020 • EIN 14-6019650

Jan 01, 2020 to Dec 31, 2020 • Filed on Sep 08, 2021

Organization ProfileWWW.SCHENECTADYFOUNDATION.ORG
376 Broadway 2nd FlrSchenectady, NY 12305

(518) 393-9500

Siviq Scores

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

Liabilities / Assets

80th percentile

0.01x

Higher debt load relative to assets than 80% of similar nonprofits.

2020 filings • NTEE T • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.23x

Higher debt load relative to revenue than 84% of similar nonprofits.

2020 filings • NTEE T • $25M-$50M nonprofits • Source year 2020

Net Margin

54th percentile

21%

Higher net margin than 54% of similar nonprofits.

2020 filings • NTEE T • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$166,076

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2020 filings • NTEE T • $25M-$50M nonprofits • Source year 2020

Asset Growth

75th percentile

12%

Faster asset growth than 75% of similar nonprofits.

2020 filings • NTEE T • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

13%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • NTEE T • $25M-$50M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets80th percentile

Assets

Flat

$48,593,832

Flat from 2020

Net Assets

Flat

$48,056,482

Flat from 2020

Liabilities

Flat

$537,350

Flat from 2020

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin54th percentile

Revenue

Flat

$2,292,776

Flat from 2020

Expenses

Flat

$1,812,211

Flat from 2020

Net Income

Flat

$480,565

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth75th percentile

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

$60M$40M$20M$0Assets 2010: $17,129,858Liabilities 2010: $0Net Assets 2010: $17,129,8582010Assets 2011: $18,010,307Liabilities 2011: $0Net Assets 2011: $18,010,3072011Assets 2012: $18,112,931Liabilities 2012: $0Net Assets 2012: $18,112,9312012Assets 2013: $18,310,987Liabilities 2013: $0Net Assets 2013: $18,310,9872013Assets 2014: $14,821,555Liabilities 2014: $0Net Assets 2014: $14,821,5552014Assets 2015: $14,247,149Liabilities 2015: $0Net Assets 2015: $14,247,1492015Assets 2016: $13,652,006Liabilities 2016: $0Net Assets 2016: $13,652,0062016Assets 2017: $39,110,208Liabilities 2017: $784,749Net Assets 2017: $38,325,4592017Assets 2018: $37,142,195Liabilities 2018: $1,191,054Net Assets 2018: $35,951,1412018Assets 2019: $43,439,608Liabilities 2019: $860,000Net Assets 2019: $42,579,6082019Assets 2020: $48,593,832Liabilities 2020: $537,350Net Assets 2020: $48,056,4822020Assets 2020: $48,593,832Liabilities 2020: $537,350Net Assets 2020: $48,056,4822020Assets 2021: $55,199,163Liabilities 2021: $1,175,050Net Assets 2021: $54,024,1132021Assets 2022: $45,821,219Liabilities 2022: $1,875,375Net Assets 2022: $43,945,8442022Assets 2023: $51,236,167Liabilities 2023: $1,547,350Net Assets 2023: $49,688,8172023Assets 2024: $56,001,047Liabilities 2024: $1,353,500Net Assets 2024: $54,647,5472024

Highlighted filing

2020

Assets$48,593,832
Liabilities$537,350
Net Assets$48,056,482
Open 2020 Filing

Operations Trend

Revenue Growth60th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $1,627,2452010Expenses 2011: $866,7672011Expenses 2012: $1,217,9182012Revenue 2013: $1,212,735Expenses 2013: $1,014,679Net Income 2013: $198,0562013Revenue 2014: $1,485,892Expenses 2014: $981,942Net Income 2014: $503,9502014Revenue 2015: $1,088,637Expenses 2015: $1,663,043Net Income 2015: -$574,4062015Revenue 2016: $1,327,445Expenses 2016: $1,922,589Net Income 2016: -$595,1442016Revenue 2017: $3,227,784Expenses 2017: $1,457,009Net Income 2017: $1,770,7752017Revenue 2018: $1,913,729Expenses 2018: $1,687,104Net Income 2018: $226,6252018Revenue 2019: $2,031,752Expenses 2019: $1,303,873Net Income 2019: $727,8792019Revenue 2020: $2,292,776Expenses 2020: $1,812,211Net Income 2020: $480,5652020Revenue 2020: $2,292,776Expenses 2020: $1,812,211Net Income 2020: $480,5652020Revenue 2021: $5,442,270Expenses 2021: $2,348,958Net Income 2021: $3,093,3122021Revenue 2022: $1,792,002Expenses 2022: $2,418,619Net Income 2022: -$626,6172022Revenue 2023: $2,957,210Expenses 2023: $2,240,624Net Income 2023: $716,5862023Revenue 2024: $3,458,158Expenses 2024: $2,518,678Net Income 2024: $939,4802024

Highlighted filing

2020

Revenue$2,292,776
Expenses$1,812,211
Net Income$480,565
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Sep 8, 2021
Return Version
2020v4.1
Gross Receipts
$3,428,484
Mission and Program Overview

Mission

The mission of the schenectady foundation is to achieve sustainable improvement in the well being of the people, organizations and neighborhoods in schenectady county through the investment of philanthropic resources.

The schenectady foundation is a philanthropic trust established to assist and promote the welfare of residents of schenectady county, new york. The foundation makes grants to tax exempt charities that effectively address the needs and issues of the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$37,681,796$42,547,201▲ $4,865,405
Pledges and Grants Receivable$1,467,057$1,717,503▲ $250,446
Savings and Temporary Cash Investments$1,175,394$1,177,571▲ $2,177
Accounts Receivable$29,487$21,957▼ $7,530
Prepaid Expenses and Deferred Charges$16,474--
Total Assets$43,439,608$48,593,832▲ $5,154,224
Other Assets Total$3,069,400$3,129,600▲ $60,200
Liabilities
Grants Payable$860,000$537,350▼ $322,650
Total Liabilities$860,000$537,350▼ $322,650
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$37,153,215$42,193,227▲ $5,040,012
Net Assets With Donor Restrictions$5,426,393$5,863,255▲ $436,862
Total Net Assets Fund Balance$42,579,608$48,056,482▲ $5,476,874
Total Liabilities and Net Assets / Fund Balance$43,439,608$48,593,832▲ $5,154,224

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$3,129,600--
Other Securities$12,419,432--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$1,418,631$-64,907▲ $93,630-$1,447,354
2019$1,263,265$38,681▲ $116,685-$1,418,631
2018$1,281,544-▼ $18,279-$1,263,265
2017$1,203,393-▲ $78,151-$1,281,544
2016$1,018,286$133,445▲ $51,662-$1,203,393
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleBaseOtherTotal
-Executive Director-$166,076$166,076
Michael OzimekTrustee$155,392-$155,392
Robert CarreauTrustee$19,779-$19,779
Herbert L Shultz JrTrustee$685-$685

Board Members and Trustees

NameTitle
Deborah MullaneyChair
Omayra Padilla DejesusVice Chair
Robert CarreauExecutive Director
-Assistant Treasurer
Martha AsselinDistribution Committee Mem
Mona GolubDistribution Committee Mem
Robert BylancikDistribution Committee Mem
Joseph TardiSecretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$651,475
Program Service Revenue
$0
Investment Income
$1,641,301
Other Revenue
$0
All Other Contributions
$651,475
Change in Net Assets
$480,565

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,292,776
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,712,121
Total Revenue per Audited Statements
$7,004,897
Total Revenue per Form 990
$2,292,776
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$972,800
Other Expenses$839,411
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$941,300--$941,300
Payments to Affiliates$659,730--$659,730
Fees for Service Investment Mgmnt Fees-$175,856-$175,856
Grants to Domestic Individuals$31,500--$31,500
Fees for Services Other-$3,825-$3,825
Total Functional Expenses$1,632,530$179,681$0$1,812,211

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,812,211
Expenses per Audited Statements$1,636,355
Total Expenses per Audited Statements$1,636,355
Expenses Not Reported on Financial Statements$175,856
Other Expense Adjustments$175,856
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Field and Fork Network-501(c)(3)Double Up Food Bucks$240,000
Schenectady Inner City Ministries-501(c)(3)Community Resource Center & Campus and Schenectady Urban Farms$130,000
Schenectady Community Action Program-501(c)(3)Covid Recovery Community Crisis Network$120,000
Brightside Up-501(c)(3)Covid Recovery - Childcare$80,000
Vale Cemetery Preservation Inc-501(c)(3)Expansion of Vale Crematory$65,000
Regional Food Bank-501(c)(3)Weekend Backpack Partnership$50,000
Schenectady Museum Association-501(c)(3)Underwrite Operations Due to Lost Covid Revenue$50,000
Ymca - Capital District-501(c)(3)Jerry Burrell Summer Program and Covid Recovery Childcare$40,000
City Mission of Schenectady-501(c)(3)Covid Recovery Workforce Develop and in Honor of Jen Kenneally$33,000
Ywca of Schenectady-501(c)(3)Covid Recovery Childcare$30,000
Notre Dame Bishop Gibbons-501(c)(4)Stem Renovation Program$24,000
Community Foundation of Greater Cap Region-501(c)(3)Covid-19 Response$20,000
Schenectady Jcc-501(c)(3)Covid Recovery2 -childcare$20,000
Boys & Girls Clubs of Schenectady-501(c)(3)Bridge the Gap$10,000
Patriot Youth Basketball-501(c)(3)Schenectady Basketball Program$9,800
Concerned for the Hungry-501(c)(3)Thanksgiving Food Baskets Program$7,500
Crossroads Center for Children-501(c)(3)Crossroads Reopening Costs$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Distribution Committee Member/vice ChairGRANT TO CITY MISSION OF SCHENECTADY. OMAYRA IS A MEMBER OF THE BOARD OF CITY MISSION. SHE DISCLOSED HER RELATIONSHIP PRIOR TO THE GRANTS BEING REVIEWED, AND SHE LEFT THE ZOOM CALL WHILE THAT PARTICULAR PROJECT WAS DISCUSSED AND VOTED UPON. A GRANT OF $30,000 WAS APPROVED IN 2020. $30,000 WAS DISBURSED IN 2020.No$30,000
-Distribution Committee Member/secretaryJOSEPH TARDI PROVIDES MARKETING AND CONSULTING SERVICES TO TRUSTCO BANK, A TRUSTEE BANK TO THE SCHENECTADY FOUNDATION. THE MAJORITY OF THE FOUNDATION'S INVESTMENTS ARE CURRENTLY HELD AT TRUSTCO BANKNo$0
Michael OzimekAssistant TreasurerMICHAEL OZIMEK IS AN EXECUTIVE OFFICER OF TRUSTCO BANK. HE IS ALSO A MEMBER OF THE TRUST COMMITTEE AT TRUSTCO BANK. THE MAJORITY OF THE FOUNDATION'S INVESTMENTS ARE CURRENTLY HELD AT TRUSTCO BANK.No$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Michael ozimek is assistant treasurer to the organization and has a business relationship to one of the institutional trustees. He is cfo and executive vice president of trustco bank and he is a member of the trust committee at the bank. The majority of the organization's investments are currently held at trustco bank.”

Form 990, Part VI, Section A, Line 3

“The organization delegates management duties to the schenectady foundation, inc. Which is a related not-for-profit organization.”

Form 990, Part VI, Section A, Line 7A

“The appointing authority and trustees committee of the schenectady foundation appoint members of the distribution committee.”

Form 990, Part VI, Section A, Line 7B

“Changes to resolution & declaration of the trust are subject to approval by the appointing authority and the trustees committee.”

Form 990, Part VI, Section B, Line 11B

“As part of the annual audit, our independent certified public accounting firm prepares form 990 and related supporting schedules from our internal records. We oversee these services and we make all management decisions and perform all management functions. A copy of form 990 is provided to the distribution committee of the foundation for review and signature before being filed with the irs. We have reviewed, approved, and accepted responsibility for from 990 and the related schedules and believe they are adequately supported by the books and records of the schenectady foundation.”

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

“A list of disclosed relationships is shared in writing with the distribution committee, officers and staff at the start of each meeting. All are asked to identify any new relationships that may give rise to a conflict of interest. Members of the distribution committee do not participate in voting regarding any resolution that pertains to a business or organization in which they have an interest.”

Form 990, Part VI, Section B, Line 15

“The supporting organization, the schenectady foundation, inc., employs an executive director to manage the operations of the foundation. The board of directors of the supporting organization, who also serve as the distribution committee of the schenectady foundation, reviews the performance of the executive director and determines compensation based on performance and other factors. Form 990, part vi, section b, line 15b: no member of the board of directors receives compensation. The executive director, who is an employee of and compensated by a related not-for-profit organization, is the only "top management official" for this purpose. There are no key employees. See explanation above for form 990 part vi, line 15.”

Form 990, Part VI, Section C, Line 19

“Most governing documents, such as resolution & declaration of trust, annual financial reports, and gift acceptance policies, are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Schenectady Foundation
EIN
14-6019650
Phone
5183939500
Address
376 BROADWAY 2ND FLR, SCHENECTADY, NY 12305

Signing Officer

Name
John Bresonis
Title
Institutional Trustee
Phone
5183939500
Signed
2021-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Carreau
Formed
1962
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
12

Preparer

Firm
Marvin and Company Pc
Address
11 BRITISH AMERICAN BLVD, LATHAM, NY 12110-1405
Preparer
Thomas W Hosey CPA
Phone
5187850134
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in value of beneficial interest in trusts 60,200. Transfer in from the schenectady foundation, inc 108,332.”

FORM 990, PART XII, LINE 2C:

“There has been no change in the process for reviewing audited financial statements or the selection of an independent auditor.”

Financial Statement Notes

PART V, LINE 4:

“The foundation's endowment consists of a fund established to provide grants consistent with the organization's mission and to provide income to support its operations.”

PART X, LINE 2:

“The schenectady foundation and its affiliate are not-for-profit entities and are exempt from federal income taxes under section 501(c)(3) of the internal revenue code. The foundation and affiliate have been classified by the internal revenue service as entities that are not private foundations and qualify for the charitable contribution deduction. The organization is not subject to income taxes on income received for exempt purposes. No provision for income taxes has been made in the consolidated financial statements. The organization follows statutory requirements for income tax accounting and avoids risks with tax positions that may be challenged upon examination. Management believes the liability from taxing authority examination, if any, would not have a material effect on the organization's consolidated financial statements.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in value of beneficial interest in trusts 60,200. Trustee fees -175,856.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“TRUSTEE FEES 175,856.”

Raw XML AppendixShowing 400 of 674 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsReceivableGrp/BOYAmt029487
IRS990/AccountsReceivableGrp/EOYAmt021957
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE SCHENECTADY FOUNDATION IS A PHILANTHROPIC TRUST ESTABLISHED TO ASSIST AND PROMOTE THE WELFARE OF RESIDENTS OF SCHENECTADY COUNTY, NEW YORK. THE FOUNDATION MAKES GRANTS TO TAX EXEMPT CHARITIES THAT EFFECTIVELY ADDRESS THE NEEDS AND ISSUES OF THE COMMUNITY.
IRS990/AllOtherContributionsAmt0651475
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROBERT CARREAU
IRS990/BooksInCareOfDetail/PhoneNum05183939500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0376 BROADWAY 2ND FLR
IRS990/BooksInCareOfDetail/USAddress/CityNm0SCHENECTADY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd012305
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0651475
IRS990/CYGrantsAndSimilarPaidAmt0972800
IRS990/CYInvestmentIncomeAmt01641301
IRS990/CYOtherExpensesAmt0839411
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0480565
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01812211
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02292776
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0THE SCHENECTADY FOUNDATION DISTRIBUTES FUNDS TO BENEFIT THE WELFARE OF PEOPLE WHO LIVE OR WORK IN SCHENECTADY COUNTY, NY. THE FOUNDATION CONDUCTS A COMPETITIVE GRANT PROGRAM AND AWARDS FUNDS ON THE BASIS OF COMMUNITY NEED, ORGANIZATIONAL CAPACITY AND PROGRAM EFFECTIVENESS. THE FOUNDATION ALSO AWARDS COLLEGE SCHOLARSHIPS TO DESERVING STUDENTS FROM SCHENECTADY COUNTY. DURING 2020, APPROXIMATELY 155,000 INDIVIDUALS WERE SERVED IN SCHENECTADY COUNTY, NY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DistributionToDonorInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd01
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05426393
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05863255
IRS990/DonorRstrOrQuasiEndowmentsInd01
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01632530
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt03825
IRS990/FeesForServicesOtherGrp/TotalAmt03825
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0175856
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0175856
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0TRUSTCO BANK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt1KEY BANK
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt2SARATOGA NATIONAL BANK
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1012933
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/PersonNm0DEBORAH MULLANEY
IRS990/Form990PartVIISectionAGrp/PersonNm1MONA GOLUB
IRS990/Form990PartVIISectionAGrp/PersonNm2ROBERT BYLANCIK
IRS990/Form990PartVIISectionAGrp/PersonNm3MARTHA ASSELIN
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH TARDI
IRS990/Form990PartVIISectionAGrp/PersonNm5OMAYRA PADILLA DEJESUS
IRS990/Form990PartVIISectionAGrp/PersonNm6MICHAEL OZIMEK
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT CARREAU
IRS990/Form990PartVIISectionAGrp/PersonNm8HERBERT L SHULTZ JR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6155392
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt719779
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8685
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10153143
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DISTRIBUTION COMMITTEE MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt2DISTRIBUTION COMMITTEE MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt3DISTRIBUTION COMMITTEE MEM
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9ASSISTANT TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0295947
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GrantAmt01632530
IRS990/GrantsPayableGrp/BOYAmt0860000
IRS990/GrantsPayableGrp/EOYAmt0537350
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt031500
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt031500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0941300
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0941300
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd01
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01431655
IRS990/GrossReceiptsAmt03428484
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt01345354
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01345354
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt037681796
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt042547201
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01135708
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF THE SCHENECTADY FOUNDATION IS TO ACHIEVE SUSTAINABLE IMPROVEMENT IN THE WELL BEING OF THE PEOPLE, ORGANIZATIONS AND NEIGHBORHOODS IN SCHENECTADY COUNTY THROUGH THE INVESTMENT OF PHILANTHROPIC RESOURCES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt042579608
IRS990/NetAssetsOrFundBalancesEOYAmt048056482
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0295947
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0295947
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt04827777
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt037153215
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt042193227
IRS990/NoncashContributionsAmt016269
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03069400
IRS990/OtherAssetsTotalGrp/EOYAmt03129600
IRS990/OtherChangesInNetAssetsAmt0168532
IRS990/OtherOrganizationDsc0CHARITABLE COMMUNITY TRUST
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt0659730
IRS990/PaymentsToAffiliatesGrp/TotalAmt0659730
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01467057
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01717503
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016474
IRS990/PrincipalOfficerNm0ROBERT CARREAU
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0464886
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0671372
IRS990/PYInvestmentIncomeAmt01566866
IRS990/PYOtherExpensesAmt0632501
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0727879
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01303873
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02031752
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0480565
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01175394
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01177571
IRS990ScheduleA/CommunityTrustInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01040696
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0949955
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0585343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0557059
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0452738
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03585791
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01345354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01248736
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01159371
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0963353
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0874707
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt05591521
IRS990ScheduleA/PublicSupportCY170Pct00.33330
IRS990ScheduleA/PublicSupportPY170Pct00.37650
IRS990ScheduleA/PublicSupportTotal170Amt03058991
IRS990ScheduleA/SubstantialContributorsTotAmt0526800
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01040696
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0949955
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0585343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0557059
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0452738
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03585791
IRS990ScheduleA/TotalSupportAmt09177312
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/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01418631
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0-64907
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01447354
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt093630
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01263265
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt038681
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01418631
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116685
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01281544
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01263265
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18279
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01203393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01281544
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt078151
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01018286
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0133445
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01203393
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt051662
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt060000
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt063910
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0175856
IRS990ScheduleD/ExpensesSubtotalAmt01636355
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04827777
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03129600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN PERPETUAL TRUSTS
IRS990ScheduleD/OtherExpensesNotIncludedAmt0175856
IRS990ScheduleD/OtherRevenueAmt0-115656
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0920230
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt11209348
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21200692
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt32859151
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt41700908
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt51258686
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt620978754
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt712419432
IRS990ScheduleD/OtherSecuritiesGrp/Desc0COMMON STOCKS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EQUITY MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc2FIXED INCOME MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc3VANGUARD INTERNATIONAL GROWTH FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4VANGUARD MID-CAP INDEX FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc5VANGUARD SMALL-CAP INDEX FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc6VANGUARD INSTITUTIONAL INDEX FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc7VANGUARD TOTAL BOND MARKET INDEX FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.65720
IRS990ScheduleD/RevenueNotReportedAmt04712121
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02292776
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION'S ENDOWMENT CONSISTS OF A FUND ESTABLISHED TO PROVIDE GRANTS CONSISTENT WITH THE ORGANIZATION'S MISSION AND TO PROVIDE INCOME TO SUPPORT ITS OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE SCHENECTADY FOUNDATION AND ITS AFFILIATE ARE NOT-FOR-PROFIT ENTITIES AND ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION AND AFFILIATE HAVE BEEN CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS ENTITIES THAT ARE NOT PRIVATE FOUNDATIONS AND QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION. THE ORGANIZATION IS NOT SUBJECT TO INCOME TAXES ON INCOME RECEIVED FOR EXEMPT PURPOSES. NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS STATUTORY REQUIREMENTS FOR INCOME TAX ACCOUNTING AND AVOIDS RISKS WITH TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES THE LIABILITY FROM TAXING AUTHORITY EXAMINATION, IF ANY, WOULD NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGE IN VALUE OF BENEFICIAL INTEREST IN TRUSTS 60,200. TRUSTEE FEES -175,856.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3TRUSTEE FEES 175,856.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.34280
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt03129600
IRS990ScheduleD/TotalBookValueSecuritiesAmt042547201
IRS990ScheduleD/TotalExpensesPerForm990Amt01812211
IRS990ScheduleD/TotalRevenuePerForm990Amt02292776
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07004897
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01636355
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt031500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05
IRS990ScheduleI/RecipientTable/CashGrantAmt010000
IRS990ScheduleI/RecipientTable/CashGrantAmt180000
IRS990ScheduleI/RecipientTable/CashGrantAmt233000
IRS990ScheduleI/RecipientTable/CashGrantAmt320000
IRS990ScheduleI/RecipientTable/CashGrantAmt47500
IRS990ScheduleI/RecipientTable/CashGrantAmt56000
IRS990ScheduleI/RecipientTable/CashGrantAmt6240000
IRS990ScheduleI/RecipientTable/CashGrantAmt724000
IRS990ScheduleI/RecipientTable/CashGrantAmt89800
IRS990ScheduleI/RecipientTable/CashGrantAmt950000
IRS990ScheduleI/RecipientTable/CashGrantAmt10130000
IRS990ScheduleI/RecipientTable/CashGrantAmt11120000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$48,593,832
Liabilities
$537,350
Net assets
$48,056,482
Revenue
$2,292,776
Expenses
$1,812,211
Net income
$480,565
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.0$1.35$54.6$3.46$2.52$0.94
2023Summary only. Only limited summary data is available for this year.$51.2$1.55$49.7$2.96$2.24$0.72
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$45.8$1.88$43.9$1.79$2.42$0.63
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$55.2$1.18$54.0$5.44$2.35$3.09
2020Detailed filing. Detailed filing data is available for this year.$48.6$0.54$48.1$2.29$1.81$0.48
2020Summary only. Only limited summary data is available for this year.$48.6$0.54$48.1$2.29$1.81$0.48
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$43.4$0.86$42.6$2.03$1.30$0.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$37.1$1.19$36.0$1.91$1.69$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$39.1$0.78$38.3$3.23$1.46$1.77
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.7$0.00$13.7$1.33$1.92$0.60
2015Detailed filing. Detailed filing data is available for this year.$14.2$0.00$14.2$1.09$1.66$0.57
2014Detailed filing. Detailed filing data is available for this year.$14.8$0.00$14.8$1.49$0.98$0.50
2013Detailed filing. Detailed filing data is available for this year.$18.3$0.00$18.3$1.21$1.01$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.1$0.00$18.1$1.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.0$0.00$18.0$0.87
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$0.00$17.1$1.63