The Common Sense Fund Inc
- Assets
- $24.9m
- Revenue
- $1.2m
- Investments
- $22.4m
- Employees
- 0
- Location
- Greenwich, CT
- Founding
- 06/1983
- Data as of
- 12/2022
- EIN
- 13-3157570
Organization Overview
The Common Sense Fund Inc is located in Greenwich, CT. The organization was established in 1983. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Common Sense Fund 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, Common Sense Fund Inc generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Common Sense Fund Inc has awarded 308 individual grants totaling $18,210,898. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
CONFERENCE CONVENED-EDUCATIONAL OPPORTUNITY FOR GRANTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ted Loewenthal Secretary | 1 | $0 | |
Adlyn S Loewenthal President | 1 | $0 | |
Eric Schwartz Vp/treasurer | 1 | $0 | |
David Schwartz Trustee | 1 | $0 | |
Carolyn Schwartz Trustee | 1 | $0 | |
Debra Fram Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $544,976 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $314,192 |
| Capital Gain Net Income | $314,192 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,198 |
| Total Revenue | $1,175,366 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,082 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $3,107 |
| Printing and publications | $0 |
| Other expenses | $174,923 |
| Total operating and administrative expenses | $417,899 |
| Contributions, gifts, grants paid | $2,812,500 |
| Total expenses and disbursements | $3,230,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,016 |
| Savings and temporary cash investments | $463,922 |
| 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 | $5,713,042 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,762,820 |
| Total assets | $24,896,502 |
| 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, The Common Sense Fund Inc has awarded $2,812,500 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF YEDIDIM PURPOSE: TO SUPPORT AMERICAN FRIENDS OF YEDIDIM'S MISSION TO INCREASE AWARENESS & RAISE FUNDS FOR YEDIDIM IS ISRAEL. | $60,000 |
ACADIA CENTER PURPOSE: TO SUPPORT THE ORGANIZATION'S COMMITTMENT TO BUILD CLEAN, LOW CARBON AND CONSUMER FRIENDLY ECONOMIES. CHARACTERIZED BY RELIABLE INFORMATION, COMPREHENSIVE ADVOCACY AND PROBLEM SOLVING THROUGH INNOVATION AND COLLABORATION. | $100,000 |
CAMBODIAN LIVING ARTS PURPOSE: TO SUPPORT THE MISSION OF CAMBODIAN LIVING ARTS TO FACILITATE THE TRANSFORMATION OF CAMBODIA THROUGH THE ARTS. THE ORGANIZATION WORKS IN COLLABORATION WITH OTHERS TO CREATE AN ENVIRONMENT WHERE CAMBODIAN ARTS EMPOWER AND TRANSFORM INDIVIDUALS AND COMMUNITIES. ENCOURAGING THE GROWTH OF ARTISTS AND THE ARTS COMMUNITY, BY PROMOTING AWARENESS OF THE ARTS, AND BY ADVOCATING FOR THE ARTS WITH CULTURAL POLICYMAKERS AND MAJOR INSTITUTIONS. IN DOING SO, WE AIM TO CREATE VALUE AND UNDERSTANDING OF WHAT IT MEANS TO BE CAMBODIAN AND TO CREATE A SENSE OF UNITY AND SHARED CULTURE. WE BELIEVE THAT THROUGH CREATIVITY WE CAN EACH EXPAND OUR POTENTIAL AS HUMAN BEINGS. | $100,000 |
ARTS IGNITE PURPOSE: TO SUPPORT YOUNG PEOPLE IN DISCOVERING THE JOY AND POWER OF MAKING ARTTO SHARE THEIR VOICES, TELL THEIR STORIES, AND TRANSFORM THEIR LIVES. | $50,000 |
CLAY ART CENTER PURPOSE: TO SUPPORT THE ORGANIZATION IN ADVANCING ITS MISSION OF GROWING THE EDUCATION, EXHIBITIONS, ARTIST RESIDENCY AND OUTREACH PROGRAMS, WHICH ARE ALL FOCUSED "TO KINDLE A PASSION FOR THE CERAMIC ARTS AND TO PROVIDE A SHARING COMMUNITY FOR THAT PASSION TO FLOURISH." | $75,000 |
CLIMATE SCIENCE LEGAL DEFENSE FUND PURPOSE: TO SUPPORT THE CLIMATE SCIENCE LEGAL DEFENSE FUND'S (CSLDF)MISSION TO PROTECT THE SCIENTIFIC ENDEAVOR BY PROVIDING SUPPORT AND RESOURCES TO SCIENTISTS WHO ARE THREATENED, HARASSED OR ATTACKED FOR DOING THEIR JOB. | $50,000 |