Manton Foundation
- Assets
- $499.1m
- Revenue
- $69.6m
- Investments
- $456.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1992
- Data as of
- 12/2021
- EIN
- 13-3636372
Organization Overview
Manton Foundation is located in New York, NY. The organization was established in 1992. 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. Manton 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 12/2021, Manton Foundation generated $69.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $31.6m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 4 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 2022, Manton Foundation has awarded 77 individual grants totaling $32,624,874. 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 |
|---|---|---|---|
Sandra Niles Trustee | 10 | $300,000 | |
Julia Krapf Trustee | 10 | $300,000 | |
Diana Morton Resigned Eff 123122 Trustee | 10 | $0 | |
Martin Hall Admin Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpmorgan Chase Bank Na | 12/30/22 | $913,877 |
Beach Investment Counsel | 12/30/22 | $2,923,458 |
Ceiba Advisory Llc | 12/30/22 | $496,800 |
Ropes Wealth Advisors Llc | 12/30/22 | $1,120,370 |
Real Estate Management Services | 12/30/22 | $79,718 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,616,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $55,035,155 |
| Capital Gain Net Income | $55,035,155 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,984,064 |
| Total Revenue | $69,635,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $600,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,004,320 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,562 |
| Printing and publications | $0 |
| Other expenses | $5,178 |
| Total operating and administrative expenses | $4,477,534 |
| Contributions, gifts, grants paid | $27,146,766 |
| Total expenses and disbursements | $31,624,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,098 |
| Savings and temporary cash investments | $42,574,093 |
| 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 | $136,618,588 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $499,091,994 |
| 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, Manton Foundation has awarded $32,624,874 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NUMISMATIC SOCIETY PURPOSE: FOR THE MOVING, CATALOGUING AND DOCUMENTING OF ANS MATERIAL | $75,000 |
ASSOCIATION FOR RURAL & SMALL LIBRARIES PURPOSE: FOR THE NEW ENGLAND SMALL LIBRARY INITIATIVE | $552,277 |
BIGELOW LABORATORY FOR OCEAN SCIENCES PURPOSE: FOR ALGAE AND MICROBIOTA RESEARCH | $173,362 |
BIOBUS INC PURPOSE: TO LAUNCH BIOBUS NEW ENGLAND | $287,208 |
BOSTON CHILDREN'S CHORUS PURPOSE: FOR GENERAL OPERATING SUPPORT | $75,000 |
BOSTON CHILDREN'S HOSPITAL PURPOSE: FOR THE PEDIATRIC SINGLE CELL ATLAS AND THE COMPUTATIONAL BIOLOGY CORE ENDOWMENT | $5,000,000 |