Conway Foundation Inc
- Assets
- $1.2m
- Revenue
- $51.0k
- Investments
- $1.2m
- Employees
- 0
- Location
- Quogue, NY
- Founding
- 03/1987
- Data as of
- 12/2021
- EIN
- 13-3392387
Organization Overview
Conway Foundation Inc is located in Quogue, NY. The organization was established in 1987. 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. Conway 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, Conway Foundation Inc generated $51.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $73.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Conway Foundation Inc has awarded 69 individual grants totaling $242,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE COLLEGE TUITION TO FOUR LOWER INCOME FAMILY STUDENTS. TOTAL PAID 10,000.
SUPPORT THE GENERAL OPERATIONS AND PROGRAMS OF MONTAUK COMMUNITY CHURCH. 5000.00.
SUPPORT OLDER PEOPLE WITH SENIOR SERVICES AND STAY IN THEIR HOMES. GRAMATAN VILLAGE 5,000.
COLLEGE SCHOLARSHIPS TO SONS AND DAUGHTERS OF THE CITY OF NEW YORK PUBLIC SERVANTS WHO HAVE GIVEN PUBLIC SERVICE AND/OR ACADEMIC EXCELLENCE. THE 100 YEAR ASSOCIATION OF NEW YORK 5,000.00
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison C Worthington President | 1 | $0 | |
William W Gay Director | 1 | $0 | |
Edmund B Carey Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3 |
| Dividends & Interest | $14,994 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,973 |
| Capital Gain Net Income | $35,973 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,970 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,589 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $73,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,868 |
| Savings and temporary cash investments | $0 |
| 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 | $1,159,310 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,161,178 |
| 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, Conway Foundation Inc has awarded $55,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT OPERATIONS | $15,000 |
LOST TREE FOUNDATION PURPOSE: SUPPORT OPERATIONS | $7,500 |
Ludlow, VT PURPOSE: SUPPORT OPERATIONS | $5,000 |
COLGATE UNIVERSITY PURPOSE: SUPPORT OPERATIONS | $5,000 |
New York, NY PURPOSE: SUPPORT OPERATIONS | $5,000 |
Orlando, FL PURPOSE: SUPPORT OPERATIONS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |