Flaherty Family Foundation is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Flaherty Family 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 10/2022, Flaherty Family Foundation generated $65.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (44.2%) each year. All expenses for the organization totaled $268.4k during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Flaherty Family Foundation has awarded 69 individual grants totaling $991,200. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela P Flaherty Trustee | 0.1 | $0 | |
Peter A Flaherty President | 0.5 | $0 | |
Jonathan P Flaherty Treasurer | 0.05 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $133,799 |
Interest on Savings | $0 |
Dividends & Interest | $19 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$68,595 |
Capital Gain Net Income | $217,428 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $65,223 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $51 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $137 |
Total operating and administrative expenses | $10,688 |
Contributions, gifts, grants paid | $257,700 |
Total expenses and disbursements | $268,388 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $17,283 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $77,970 |
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 |
Over the last fiscal year, Flaherty Family Foundation has awarded $257,700 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
Arlington, VA PURPOSE: GENERAL SUPPORT | $75,000 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $40,000 |
Washington, DC PURPOSE: GENERAL SUPPORT | $25,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
COOPER UNION PURPOSE: GENERAL SUPPORT | $25,000 |
FOREIGN POLICY ASSOCIATION PURPOSE: GENERAL SUPPORT | $15,000 |
Organization Name | Assets | Revenue |
---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Proteus Fund Inc Amherst, MA | $47,115,132 | $46,264,432 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |