Shoreland Foundation Inc
- Assets
- $14.8m
- Revenue
- $133.4k
- Investments
- $13.2m
- Employees
- 0
- Location
- Lloyd Harbor, NY
- Founding
- 05/1995
- Data as of
- 12/2022
- EIN
- 11-3241828
Organization Overview
Shoreland Foundation Inc is located in Lloyd Harbor, 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. Shoreland 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 12/2022, Shoreland Foundation Inc generated $133.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.9%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Shoreland Foundation Inc has awarded 237 individual grants totaling $29,024,887. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony W Wang Vice President | 1 | $0 | |
Lulu C Wang President | 2 | $0 | |
Carol-Ann Mealey Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $515 |
| Dividends & Interest | $61,571 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $71,264 |
| Capital Gain Net Income | $71,264 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14 |
| Total Revenue | $133,364 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,017 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $859 |
| Total operating and administrative expenses | $40,376 |
| Contributions, gifts, grants paid | $2,663,583 |
| Total expenses and disbursements | $2,703,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,802 |
| Savings and temporary cash investments | $11,901 |
| Net Accounts receivable | $40 |
| 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 | $9,674,693 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,493,285 |
| Total assets | $14,790,964 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Shoreland Foundation Inc has awarded $2,663,583 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ACUMEN FUND PURPOSE: CHARITABLE FUNDRAISING EVENT | $5,000 |
AMERICAN MUSEUM OF NAT'L HISTORY PURPOSE: CHARITABLE FUNDRAISING EVENT | $5,000 |
ASIA SOCIETY TEXAS CENTER PURPOSE: CHARITABLE FUNDRAISING EVENTS | $15,000 |
ASIA SOCIETY PURPOSE: ANNUAL FUND, EXHIBITION AND EVENT SUPPORT, AND MEMBERSHIP | $260,882 |
BELLEVUE LITERARY PRESS PURPOSE: GENERAL SUPPORT | $10,000 |
COLUMBIA UNIVERSITY PURPOSE: CHAZEN INSTITUTE | $5,000 |