Long Island Charities Foundation Inc
- Assets
- $124.6k
- Revenue
- $84.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Melville, NY
- Founding
- 05/1977
- Data as of
- 09/2021
- EIN
- 11-2398991
Organization Overview
Long Island Charities Foundation Inc is located in Melville, NY. The organization was established in 1977. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Long Island Charities Foundation Inc 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 09/2021, Long Island Charities Foundation Inc generated $84.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $13.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (31.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Long Island Charities Foundation Inc has awarded 32 individual grants totaling $292,018. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CASH DONATIONS TO CHARITIES IN THE LONG ISLAND AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE CASH DONATIONS TO CHARITIES IN THE LONG ISLAND AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Waldbauer Chairman Of | Officer | 1 | $0 |
Peter Volberg President | Officer | 1 | $0 |
Eugene O'neil 1st Vice Pre | Officer | 1 | $0 |
Nicholas Bartolomeo 2nd Vice Pre | Officer | 1 | $0 |
James Digiovanni Secretary | Officer | 1 | $0 |
John V Catapano VP Of Golf C | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,525 |
| Total Program Service Revenue | $0 |
| Investment income | $119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $35,800 |
| Net Income from Gaming Activities | $38,955 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,399 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,660 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,251 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $55 |
| Total functional expenses | $13,286 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,563 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $124,563 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $124,563 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $124,563 |
Grants Awarded
Over the last fiscal year, Long Island Charities Foundation Inc has awarded $67,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Bethpage, NY | | $12,500 |
Bethpage, NY | | $12,500 |
Yaphank, NY | | $11,000 |
Yaphank, NY | | $11,000 |
Center Moriches, NY | | $10,000 |
Center Moriches, NY | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Long Island Charities Foundation Inc has recieved totaling $3,500.
| Awarding Organization | Amount |
|---|---|
Clark Gillies Foundation Farmingdale, NY PURPOSE: NON-PROFIT ORGANIZATION | $2,000 |
Buller Fam Foundation Tr Farmingdale, NY PURPOSE: ASSIST LOCAL ORGANIZATIONS AND THE LONG ISLAND COMMUNITY. | $1,000 |
Whelan Foundation Inc Huntington, NY PURPOSE: ASSISTANCE TO NEEDY | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of The Capital Region Enola, PA | $30,416,646 | $10,642,115 |
United Way Of Northern New Jersey Inc Cedar Knolls, NJ | $17,018,206 | $10,490,738 |
United Way Of Westchester And Putnam Inc White Plains, NY | $5,306,671 | $10,280,091 |
United Way Of Southeastern Conn Inc Gales Ferry, CT | $10,705,205 | $8,943,002 |
United Way Of Central Massachusetts Inc Worcester, MA | $17,606,516 | $12,267,996 |
Mosaic & Terrazzo Welfare Fund Long Island City, NY | $7,395,380 | $7,617,875 |
Major League Baseball Charities Inc New York, NY | $2,315,439 | $9,095,032 |
Supreme Council Benevolent Foundation Lexington, MA | $125,656,047 | $11,525,847 |
United Way Of Wyoming Valley Wilkes Barre, PA | $25,303,702 | $9,071,760 |
United Way Of Western Connecticut Inc Danbury, CT | $8,563,444 | $6,698,403 |
The Jewish Federation Of Greater New Haven Inc Woodbridge, CT | $16,539,651 | $6,887,092 |
Federation Of Protestant Welfare Agencies Inc New York, NY | $89,939,475 | $9,007,528 |