Alfred P Sloan Foundation
- Assets
- $2.1b
- Revenue
- $192.5m
- Investments
- $2.0b
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1934
- Data as of
- 12/2020
- EIN
- 13-1623877
Organization Overview
Alfred P Sloan Foundation is located in New York, NY. The organization was established in 1934. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alfred P Sloan Foundation 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 12/2020, Alfred P Sloan Foundation generated $192.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.8% each year . All expenses for the organization totaled $99.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Alfred P Sloan Foundation has awarded 3,442 individual grants totaling $740,030,605. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC DISSEMINATION AND TECHNICAL ASSISTANCE OF AWARDS SEE GENERAL EXPLANATION FOR ADDITIONAL INFORMATION
SUPPORT PUBLIC CHARITABLE BOARD AND COMMITTEE SERVICE SEE GENERAL EXPLANATION FOR ADDITIONAL INFORMATION
EDUCATIONAL CONFERENCES AND SEMINARS SEE GENERAL EXPLANATION FOR ADDITIONAL INFORMATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Hewitt Chief Investment Off | 40 | $1,309,906 | |
Adam Falk Trustee/president | 40 | $1,084,775 | |
Leisle Lin Treas./sec./sr VP Fin & Op (term 6/21) | 40 | $811,950 | |
William Maslovsky Senior Investment Di | 40 | $690,972 | |
Daniel Goroff Program Director | 40 | $484,350 | |
Doron Weber Program Director | 40 | $484,350 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rgm Capital | 12/30/21 | $806,109 |
Gridiron Capital Llc | 12/30/21 | $272,225 |
Higher Ed Insight Llc | 12/30/21 | $263,525 |
Ventucom Llc | 12/30/21 | $246,390 |
Bny Mellon | 12/30/21 | $269,340 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,392,270 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $181,278,442 |
| Capital Gain Net Income | $122,738,981 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $857,270 |
| Total Revenue | $192,527,982 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,982,579 |
| Other employee salaries and wages | $7,473,108 |
| Pension plans, employee benefits | $2,637,605 |
| Interest | $0 |
| Taxes | $1,240,000 |
| Depreciation | $0 |
| Occupancy | $2,081,146 |
| Travel, conferences, and meetings | $217,279 |
| Printing and publications | $73,385 |
| Other expenses | $1,815,965 |
| Total operating and administrative expenses | $22,525,673 |
| Contributions, gifts, grants paid | $76,468,681 |
| Total expenses and disbursements | $98,994,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,031,235 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $66,007,924 |
| 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 | $1,721,821,662 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,105,880,634 |
| Accounts payable and accrued expenses | $22,990,419 |
| Grants payable | $79,597,264 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,595,390 |
| Total liabilities | $104,183,073 |
Grants Awarded
Over the last fiscal year, Alfred P Sloan Foundation has awarded $156,092,223 in support to 725 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: TO UNDERTAKE THE SLOAN DIGITAL SKY SURVEY V (SDSS-V), WHICH WILL UTILIZE ALL-SKY SPECTROSCOPIC OBSERVATIONS TO EXPLAIN THE GENESIS OF THE MILKY WAY AND ITS NEIGHBORS, COMPREHENSIVELY TEST STELLAR ASTROPHYSICS AND STAR-PLANET RELATIONS, PROBE SUPERMASSIVE BLACK HOLE PHYSICS, AND MAP, ON UNPRECEDENTED SCALES, THE MILKY WAYS INTERSTELLAR GAS AND THAT OF NEARBY GALAXIES | $4,125,000 |
Seattle, WA PURPOSE: TO UNDERTAKE THE SLOAN DIGITAL SKY SURVEY V (SDSS-V), WHICH WILL UTILIZE ALL-SKY SPECTROSCOPIC OBSERVATIONS TO EXPLAIN THE GENESIS OF THE MILKY WAY AND ITS NEIGHBORS, COMPREHENSIVELY TEST STELLAR ASTROPHYSICS AND STAR-PLANET RELATIONS, PROBE SUPERMASSIVE BLACK HOLE PHYSICS, AND MAP, ON UNPRECEDENTED SCALES, THE MILKY WAYS INTERSTELLAR GAS AND THAT OF NEARBY GALAXIES | $2,375,000 |
ROCKEFELLER UNIVERSITY PURPOSE: TO TEST THE HYPOTHESES THAT BIOMECHANICAL FORCES ARE KEY TO OVERCOMING ERRORS ASSOCIATED WITH RANDOM PHYSICAL PROCESSES AND THAT THEY MEDIATE COORDINATION BETWEEN BIOLOGICAL UNITS | $2,079,737 |
Alexandria, VA PURPOSE: TO PROVIDE PARTIAL FUNDING TO SUPPORT THE SLOAN INDIGENOUS GRADUATE PARTNERSHIP (SIGP) PROGRAM FOR FOUR YEARS, IN ACCORDANCE WITH THE PROPOSAL SUBMITTED TO THE SLOAN FOUNDATION BY THE INSTITUTIONS COMPRISING THE SIGP | $1,662,340 |
Cambridge, MA PURPOSE: TO PROMOTE THE RIGOROUS EMPIRICAL STUDY OF ECONOMIC ISSUES IN NORTH AMERICA BY HELPING RESEARCHERS DESIGN, PILOT, AND IMPLEMENT RANDOMIZED CONTROLLED TRIALS | $1,377,726 |
UNIVERSITY OF MARYLAND COLLEGE PARK PURPOSE: TO PRODUCE, TEST, AND SCALE INFRASTRUCTURE FOR RE-ENGINEERING OFFICIAL ECONOMIC STATISTICS USING ADMINISTRATIVE DATA FROM BUSINESSES | $1,346,890 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Andrew W Mellon Foundation New York, NY | $8,218,016,721 | $505,890,143 |
Stephen Siller Tunnel To Towers Foundation Staten Island, NY | $203,334,406 | $264,017,854 |
The Annenberg Foundation Conshohocken, PA | $1,804,363,680 | $109,022,988 |
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |