Foundation To Life Inc
- Assets
- $608.4k
- Revenue
- $137.0k
- Investments
- $572.8k
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1990
- Data as of
- 06/2021
- EIN
- 13-3549650
Organization Overview
Foundation To Life Inc is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Foundation To Life 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 06/2021, Foundation To Life Inc generated $137.0k in total revenue. All expenses for the organization totaled $174.5k during the year ending 06/2021. While expenses have increased by 3.6% per year over the past 3 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.
Since 2021, Foundation To Life Inc has awarded 50 individual grants totaling $155,320. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Goldberg Chair/secretary | 0.5 | $0 | |
Hugh Freund Director | 0.5 | $0 | |
Arthur A Goldberg President/treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $137,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $14 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $137,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $33 |
| Depreciation | $0 |
| Occupancy | $13,832 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,346 |
| Total operating and administrative expenses | $19,211 |
| Contributions, gifts, grants paid | $155,320 |
| Total expenses and disbursements | $174,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $35,503 |
| 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 | $572,848 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $608,351 |
| Accounts payable and accrued expenses | $33 |
| 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 | $33 |
Grants Awarded
Over the last fiscal year, Foundation To Life Inc has awarded $155,320 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTER COLLEGE FOUNDATION PURPOSE: GENERAL CHARITABLE PURPOSES | $67,500 |
Los Angeles, CA PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
CONGREGATION SHEARITH ISRAEL PURPOSE: GENERAL CHARITABLE PURPOSES | $9,020 |
Washington, DC PURPOSE: GENERAL CHARITABLE PURPOSES | $7,500 |
New York, NY PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
GUILD HALL ART CENTER PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Way Of New York City New York, NY | $40,512,646 | $61,047,819 |
United Way Of Massachusetts Bay Inc Boston, MA | $61,459,192 | $54,248,060 |
Childrens Rescue Fund Bronx, NY | $24,029,170 | $53,044,030 |
Jewish Federation Of Greater Philadelphia Philadelphia, PA | $424,827,168 | $56,076,653 |
Masonic Charity Foundation Of New Jersey Burlington, NJ | $172,221,934 | $43,314,018 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY | $189,540,443 | $45,112,374 |
The United Way Of Southwestern Pennsylvania Pittsburgh, PA | $71,821,513 | $41,142,392 |
United Way Of Connecticut Rocky Hill, CT | $9,253,569 | $38,307,240 |
Jewish Federation Of Greater Pittsburgh Pittsburgh, PA | $277,158,927 | $43,372,124 |
Foundation For Jewish Philanthropies Getzville, NY | $249,898,212 | $25,804,353 |
United Way Of Greater Philadelphia And Southern New Jersey Philadelphia, PA | $111,398,154 | $23,240,167 |
Colcom Foundation Pittsburgh, PA | $406,634,028 | $48,313,267 |