Cabbage Hill Farm Foundation Inc
- Assets
- $4.9m
- Revenue
- $223.6k
- Investments
- $4.7m
- Employees
- 0
- Location
- Armonk, NY
- Founding
- 01/1997
- Data as of
- 12/2023
- EIN
- 13-3914519
Organization Overview
Cabbage Hill Farm Foundation Inc is located in Armonk, NY. The organization was established in 1997. 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. Cabbage Hill Farm 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 12/2023, Cabbage Hill Farm Foundation Inc generated $223.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cabbage Hill Farm Foundation Inc has awarded 58 individual grants totaling $261,640. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNTIL THE FARM WAS SOLD ON AUGUST 1ST, 2023, THE FOUNDATION'S ONLY DIRECT CHARITABLE ACTIVITY WAS THE OPERATION OF A FARM FOR THE PRESERVATION OF RARE BREEDS OF ANIMALS AND SUSTAINABLE AGRICULTURE. IN ADDITION, THE FOUNDATION OPERATED AN AQUAPONICS GREENHOUSE TO DEVELOP HIGH DENSITY FISH AND VEGETABLE PRODUCTION IN AN ENVIRONMENTALLY SAFE RECIRCULATING SYSTEM. EDUCATING PUBLIC BY PUBLISHING BROCHURES, NEWSLETTERS & TAPES DESCRIBING THE FARM, ITS ANIMALS AND AQUAPONICS GREENHOUSE. CONDUCTED FARM TOURS FOR SCHOOL GROUPS AND OTHER GROUPS OR INDIVIDUALS INTERESTED IN LEARNING ABOUT THE FARM OPERATIONS. THE EDIBLE EDUCATION PROJECT DEVELOPS, EVALUATES AND CREATES PROGRAMS THAT RAISE THE AWARENESS OF THE IMPACT THAT FOOD HAS ON HEALTH AND WELL BEING OF THE INDIVIDUAL. IN ADDITION, THE PROJECT PROMOTED THE INTEGRATION OF ECONOMICALLY EFFICIENT AND ECOLOGICALLY RESPONSIBLE HEALTHY EATING INTO ONE'S LIFESTYLE.THE FOUNDATION NO LONGER ENGAGES IN ANY DIRECT CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Halina Gosniowski Treasurer | 1 | $0 | |
James Wood Director | 1 | $0 | |
Jennifer Magnone Secretary/director | 1 | $0 | |
Karen Kohlberg Davis Director | 1 | $0 | |
Nancy Mccabe Vice President & Director | 3 | $0 | |
Brian Mansour Staff | 40 | $184,630 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,435 |
| Dividends & Interest | $150,285 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,221 |
| Capital Gain Net Income | $62,221 |
| Net ST Capital Gain | $418 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $7,140 |
| Other Income | $512 |
| Total Revenue | $223,593 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $632,458 |
| Pension plans, employee benefits | $115,037 |
| Interest | $0 |
| Taxes | $59,054 |
| Depreciation | $7,854 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10 |
| Printing and publications | $0 |
| Other expenses | $176,018 |
| Total operating and administrative expenses | $999,014 |
| Contributions, gifts, grants paid | $25,259 |
| Total expenses and disbursements | $1,024,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,416 |
| Savings and temporary cash investments | $180,032 |
| 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 | $4,693,352 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,935,800 |
| Accounts payable and accrued expenses | $849 |
| 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 | $849 |
Grants Awarded
Over the last fiscal year, Cabbage Hill Farm Foundation Inc has awarded $25,259 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
GROUNDWORK HUDSON VALLEY PURPOSE: SUPPORT FOR SCIENCE BARGE. | $5,000 |
HEIFER INTERNATIONAL USA PROJECTS PURPOSE: GENERAL SUPPORT AND EDUCATION PROGRAMS/US PROGRAMS | $10,000 |
COMMUNITY CENTER NO WESTCHESTER PURPOSE: TO IMPROVE THE WELL-BEING AND SELF-SUFFICIENCY OF NEIGHBORS IN NEED IN OUR AREA BY PROVIDING FOOD, CLOTHING, AND OTHER | $3,565 |
NEIGHBORS LINK PURPOSE: SUPPORT COMMUNITIES THAT RECOGNIZE THE DIGNITY AND VALUE OF EVERY RESIDENT | $1,386 |
RIVER VALLEY ARTS COLLECTIVE PURPOSE: TO SUPPORT FOSTERING AN INCLUSIVE CREATIVE COMMUNITY THAT IS RESPONSIVE AND ATTUNED TO THE ECOLOGY OF THE REGION | $292 |
WOLF CONSERVATION CENTER PURPOSE: ADVANCE THE SURVIVAL OF WOLVES | $195 |