Scriven Foundation
- Assets
- $262.6m
- Revenue
- $13.6m
- Investments
- $202.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1976
- Data as of
- 12/2020
- EIN
- 13-2865735
Organization Overview
Scriven Foundation is located in New York, NY. The organization was established in 1976. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scriven 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, Scriven Foundation generated $13.6m 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 (7.2%) each year. All expenses for the organization totaled $4.5m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (20.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Scriven Foundation has awarded 281 individual grants totaling $80,035,673. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO OTSEGO COUNTY, NY BASED CHARITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO CHARITIES AND SUPPORT FOR THE MARY IMOGENE BASSETT HOSPITAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane F Clark President/director | OfficerTrustee | 0.1 | $0 |
Stephen M Duff Vice President/director | OfficerTrustee | 0.1 | $0 |
Kevin S Moore Treasurer | Officer | 0.1 | $0 |
Douglas B Bauer Secretary | Officer | 0.1 | $0 |
Anthony J Fasano Jr Asst. Treasurer | Officer | 0.1 | $0 |
Terry T Fulmer Director | Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $11,186,603 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,457,515 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,644,118 |
| Statement of Expenses | |
|---|---|
| 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 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 | $2,499,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,000 |
| 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 | $987 |
| 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 | $13,609 |
| Insurance | $24,720 |
| All other expenses | $0 |
| Total functional expenses | $4,490,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,660,652 |
| 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 |
| Investments—publicly traded securities | $40,807,252 |
| Investments—other securities | $202,831,415 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $262,576,806 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $7,378,664 |
| 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 | $7,378,664 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $255,198,142 |
Grants Awarded
Over the last fiscal year, Scriven Foundation has awarded $14,349,708 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
Cooperstown, NY PURPOSE: EMPLOYEE APPRECIATION AND RECRUITMENT PROGRAM | $12,325,923 |
Oneonta, NY PURPOSE: SPRINGBROOK SCHOLARS PROGRAM | $300,000 |
New York, NY PURPOSE: SCHOLARSHIP SUPPORT FOR COOPERSTOWN GRADUATE PROGRAM AND COOPERSTOWN GETAWAY PROGRAM | $280,000 |
Cooperstown, NY PURPOSE: GENERAL SUPPORT | $175,000 |
Cooperstown, NY PURPOSE: GENERAL SUPPORT | $160,000 |
Oneonta, NY PURPOSE: GENERAL SUPPORT | $105,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alliance Health Of Quincy Inc Southborough, MA | $18,309,564 | $19,847,469 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Broadline Risk Retention Group Inc Colchester, VT | $135,251,113 | $22,474,493 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |
The St Francis Hospital Foundation Inc Roslyn, NY | $262,392,526 | $17,931,065 |
Lankenau Medical Center Foundation Wynnewood, PA | $483,355,098 | $35,694,086 |
Monmouth Medical Center Foundation Inc Oceanport, NJ | $47,507,975 | $18,905,693 |