Community Foundation Of Oyster Bay Inc
- Assets
- $7.7m
- Revenue
- $841.8k
- Investments
- $7.1m
- Employees
- 0
- Location
- Oyster Bay, NY
- Founding
- 04/1982
- Data as of
- 12/2021
- EIN
- 11-2590825
Organization Overview
Community Foundation Of Oyster Bay Inc is located in Oyster Bay, NY. The organization was established in 1982. According to its NTEE Classification (T31) the organization is classified as: Community 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. Community Foundation Of Oyster Bay 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 12/2021, Community Foundation Of Oyster Bay Inc generated $841.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $769.6k during the year ending 12/2021. While expenses have increased by 14.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Foundation Of Oyster Bay Inc has awarded 55 individual grants totaling $3,151,451. 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 SUPPORT WORTHY COMMUNITY AND CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH & FAMILY COUNSELING- TO MAKE UP BUDGET DEFICITS AND TO SUPPORT PARENT CHILD PROGRAM, BULLOCK HORIZONS PROGRAM AND BUILD A BETTER OYSTER BAY PROGRAM.
PEOPLES PANTRY-SUPPORT OF FOOD BANK
LIFE ENRICHMENT CENTER- TO PROVIDE VITAL SERVICES AND SOCIAL ACVITITIES FOR SENIORS IN OYSTER BAY.
BOYS AND GILRS CLUB OF EAST NORWICH-$65,000HARMONY HEIGHTS-$33,000NOSH-FOOD PANTRY-$25,000THE WATERFRONT CENTER TO SUPPORT CHILDREN'S PROGRAMS-$8,000COMMUNITY SOCIAL ACTION COMMITTEE-$2,500BULLOCK SCHOLARSHIP-$500
YOUTH & FAMILY COUNSELING- TO MAKE UP BUDGET DEFICITS AND TO SUPPORT PARENT CHILD PROGRAM, BULLOCK HORIZONS PROGRAM AND BUILD A BETTER OYSTER BAY PROGRAM.
PEOPLES PANTRY-SUPPORT OF FOOD BANK
LIFE ENRICHMENT CENTER- TO PROVIDE VITAL SERVICES AND SOCIAL ACVITITIES FOR SENIORS IN OYSTER BAY.
BOYS AND GILRS CLUB OF EAST NORWICH-$65,000HARMONY HEIGHTS-$33,000NOSH-FOOD PANTRY-$25,000THE WATERFRONT CENTER TO SUPPORT CHILDREN'S PROGRAMS-$8,000COMMUNITY SOCIAL ACTION COMMITTEE-$2,500BULLOCK SCHOLARSHIP-$500
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Prey Assistant Treasurer | OfficerTrustee | 1 | $0 |
Jamie Townsend Treasurer | OfficerTrustee | 2 | $0 |
Julia Deming Vaughn Vice President | OfficerTrustee | 2 | $0 |
Cathy Hogg President | OfficerTrustee | 2 | $0 |
Edward C Mohlenhoff Secretary | OfficerTrustee | 1 | $0 |
Diana Collins Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,876 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $305,574 |
| Noncash contributions included in lines 1a–1f | $4,364 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $314,450 |
| Total Program Service Revenue | $0 |
| Investment income | $188,354 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $313,288 |
| Net Income from Fundraising Events | $18,399 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $841,812 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $636,996 |
| 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 | $5,500 |
| 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 | $30,613 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,957 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $834 |
| Insurance | $0 |
| All other expenses | $1,144 |
| Total functional expenses | $769,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,500 |
| Savings and temporary cash investments | $129,826 |
| 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 | $418 |
| Investments—publicly traded securities | $399,883 |
| Investments—other securities | $7,059,505 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,521 |
| Total assets | $7,672,653 |
| Accounts payable and accrued expenses | $10,000 |
| 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 | $10,000 |
| Net assets without donor restrictions | $7,662,653 |
| 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 | $7,672,653 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Oyster Bay Inc has awarded $633,996 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Oyster Bay, NY PURPOSE: TO MAKE UP BUDGET DEFICITS, SUPPORT PARENT CHILD HOME & BUILD A BETTER OYSTER BAY PROGRAMS. | $336,996 |
Oyster Bay, NY PURPOSE: TO UNDERWRITE TRANSPORTATION COSTS FOR SENIORS. | $100,000 |
PEOPLES PANTRY PURPOSE: TO SUPPORT OYSTER BAY MAIN STREET ASSOCIATION. | $66,000 |
Oyster Bay, NY PURPOSE: TO SUPPORT CHILDREN'S PROGRAMS | $65,000 |
Oyster Bay, NY PURPOSE: TO SUPPORT CHILDREN'S PROGRAMS | $33,000 |
NOSH FOOD PANTRY PURPOSE: TO SUPPORT ANNUAL FOOD DRIVE AND TOY DRIVE | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Community Foundation Of Oyster Bay Inc has recieved totaling $156,041.
| Awarding Organization | Amount |
|---|---|
Sonance Foundation San Clemente, CA PURPOSE: TO RAISE MONEY FOR DISTRIBUTION TO CHARITABLE, PHILANTHROPIC AND BENEVOLENT ORANGIZATIONS THAT PROMOTE THE WELFARE OF RESIDENTS IN NEED LIVING PRICIPALLY IN OYSTER BAY. | $117,190 |
Bahnik Foundation Inc Oyster Bay, NY PURPOSE: GENERAL PURPOSES | $20,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,126 |
Anrol Foundation New York, NY PURPOSE: GENERAL OPERATING | $5,000 |
Peter Luce Foundation St Helena, CA PURPOSE: AID TO COMMUNITY | $2,500 |
The Phffoundation Inc Old Greenwich, CT PURPOSE: GENERAL PURPOSE | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pittsburgh Foundation Pittsburgh, PA | $1,354,368,497 | $110,535,351 |
Hartford Foundation For Public Giving Hartford, CT | $1,125,106,021 | $82,935,365 |
Philadelphia Foundation Philadelphia, PA | $669,216,014 | $72,684,648 |
Community Foundation For Greater Buffalo Inc Buffalo, NY | $874,380,305 | $143,802,626 |
Community Foundation For Greater New Haven New Haven, CT | $745,279,119 | $58,670,540 |
Jewish Community Foundation Of Greater Metrowest Nj Whippany, NJ | $441,552,124 | $46,022,571 |
Federation Of Jewish Communities Of The C I S Inc New York, NY | $45,162,356 | $39,631,208 |
Fairfield Countys Community Foundation Inc Norwalk, CT | $264,164,706 | $42,534,303 |
Vermont Community Foundation Middlebury, VT | $310,876,312 | $39,275,546 |
Rochester Area Community Foundation Rochester, NY | $452,673,006 | $59,557,190 |
Catholic Charities Of Buffalo Buffalo, NY | $41,576,335 | $33,263,179 |
New World Foundation New York, NY | $131,879,332 | $14,635,341 |