Kenneth J Tedaldi Foundation Inc
- Assets
- $1.7m
- Revenue
- $305.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Quogue, NY
- Founding
- 04/1995
- Data as of
- 12/2021
- EIN
- 11-3190508
Organization Overview
Kenneth J Tedaldi Foundation Inc is located in Quogue, NY. The organization was established in 1995. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kenneth J Tedaldi 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 12/2021, Kenneth J Tedaldi Foundation Inc generated $305.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $422.6k during the year ending 12/2021. While expenses have increased by 12.8% 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 2015, Kenneth J Tedaldi Foundation Inc has awarded 145 individual grants totaling $1,611,530. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS MEDICAL RESEARCH AND PROVIDES FUNDS FOR THE PURCHASE OF EQUIPMENT TO BE USED BY THE PECONIC BAY MEDICAL CENTER AND OTHER VARIOUS CHARTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth J Tedaldi President | 0 | $0 | |
Kathie Wolland Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,153 |
| Dividends & Interest | $30,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $268,810 |
| Capital Gain Net Income | $10,927 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $305,909 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,981 |
| Total operating and administrative expenses | $50,447 |
| Contributions, gifts, grants paid | $372,150 |
| Total expenses and disbursements | $422,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,730 |
| 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 | $1,716,646 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,736,376 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $567 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $7,571 |
| Total liabilities | $8,138 |
Grants Awarded
Over the last fiscal year, Kenneth J Tedaldi Foundation Inc has awarded $372,150 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Mattituck, NY PURPOSE: OUTREACH PROGRAMS | $200,000 |
PECONIC BAY MEDICAL CENTE PURPOSE: MEDICAL RESEARCH | $60,000 |
QUINNIPIAC UNIVERSITY PURPOSE: EDUCATION | $25,000 |
Greenport, NY PURPOSE: MEDICAL RESEARCH | $18,000 |
KENT ANIMAL SHELTER PURPOSE: ANIMAL SHELTER | $15,000 |
CROHN'S COLITIS PURPOSE: CROHN'S RESEARCH | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ruderman Family Foundation Newton, MA | $161,614,404 | $9,111,768 |
The Ahava Foundation Kearny, NJ | $69,246,321 | $13,538,690 |
The Rona Jaffe Foundation Dix Hills, NY | $31,757,116 | $2,944,285 |
Mary Field And Vincent Dep Goubeau Charitable Tr 1996 Boston, MA | $0 | $23 |
Lostand Foundation Inc Cold Spring, NY | $0 | $2,083,089 |
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA | $16,132,654 | $1,229,352 |
Enterprise Foundation Tr New York, NY | $11,495,685 | $0 |
Shoreland Foundation Inc Lloyd Harbor, NY | $17,307,030 | $9,179,290 |
Summit Foundation Inc Getzville, NY | $1,308,590 | $48,121 |
Dale Kutnick And Laura Gordon Kutnick Foundation Inc Pennington, NJ | $16,101,991 | $2,420,688 |
Roe Foundation Inc New York, NY | $4,790,106 | $5,727,059 |
Dreams R Us Foundation Shoreham, NY | $16,620,968 | $1,291,461 |