Silver Shield Foundation Inc

Organization Overview

Silver Shield Foundation Inc is located in New York, NY. The organization was established in 1982. According to its NTEE Classification (I11) the organization is classified as: Single Organization Support, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2021, Silver Shield Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Shield 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, Silver Shield Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $693.5k during the year ending 12/2021. While expenses have increased by 1.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE EDUCATIONAL SUPPORT FOR THE SURVIVING CHILDREN AND SPOUSES OF UNIFORMED MEMBERS OF THE NYC POLICE, FIRE & EMS DEPTS, NY/NJ PORT AUTHORITY POLICE DEPT, NY, NJ AND CT STATE POLICE, AND ALL POLICE DEPTS ON LONG ISLAND AND IN CT, WHO HAVE LOST THEIR LIVES IN THE LINE OF DUTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS & EDUCATION SUPPORT FOR SPOUSES & CHILDREN OF POLICE OFFICERS & FIRE FIGHTERS KILLED IN THE LINE OF DUTY.


COMMUNITY SUPPORT FOR COMMUNITY PARTNER AGENCIES PROGRAMS.


FAMILY SUPPORT FOR SPOUSES & CHILDREN OF POLICE OFFICERS & FIRE FIGHTERS KILLED IN THE LINE OF DUTY.


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Board, Officers & Key Employees

Name (title)Compensation
Kc Fuchs
Chief Operating Officer
$105,000
Howard M Lorber
Co-Chairman
$0
Edwin T Broderick
Secretarytreasurer
$0
William G Walters
Co-Chairman
$0
Peter J Worth
Trustee
$0
Vincent D Levien
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$149,712
Related organizations$0
Government grants $65,400
All other contributions, gifts, grants, and similar amounts not included above$516,399
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$731,511
Total Program Service Revenue$0
Investment income $67,330
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $517,207
Net Income from Fundraising Events -$20,061
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,295,987

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Silver Shield Foundation Inc has recieved totaling $6,000.

Awarding OrganizationAmount
Dippell Family Foundation Inc

Great Neck, NY

PURPOSE: CHARITABLE

$5,000
J Howard And Brenda Lagrange Johnson And Family Foundation

New York, NY

PURPOSE: PROVIDE EDUCATIONALSUPPORT FOR CHILDREN

$1,000
View Grant Recipient Profile

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