Shore Family Foundation Inc
- Assets
- $558.8k
- Revenue
- $21.8k
- Investments
- $224.4k
- Employees
- 0
- Location
- Centerport, NY
- Founding
- 08/1997
- Data as of
- 12/2023
- EIN
- 13-3920312
Organization Overview
Shore Family Foundation Inc is located in Centerport, NY. The organization was established in 1997. 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. Shore Family 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, Shore Family Foundation Inc generated $21.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $40.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Shore Family Foundation Inc has awarded 175 individual grants totaling $368,987. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Shore Director/vp | 1 | $0 | |
Robin Shore Director/vp | 1 | $0 | |
Peter Shore Director/vp | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $21,761 |
| 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 | $21,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $103 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $1,753 |
| Contributions, gifts, grants paid | $38,600 |
| Total expenses and disbursements | $40,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,310 |
| Savings and temporary cash investments | $276,119 |
| 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 | $558,822 |
| 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, Shore Family Foundation Inc has awarded $38,600 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
NONTRADITIONAL EMPLOYMENT FOR WOMEN PURPOSE: GENERAL SUPPORT | $2,500 |
CLASSICAL SINGING AND NEW YORK IN JUNE INC PURPOSE: GENERAL SUPPORT | $500 |
HUNGER FREE AMERICA PURPOSE: GENERAL SUPPORT | $5,000 |
WOUNDED WARRIOR PROJECT PURPOSE: GENERAL SUPPORT | $100 |
ILLISGAVIK COLLEGE PURPOSE: GENERAL SUPPORT | $5,000 |
MERCK FOREST FARMLAND CENTER PURPOSE: GENERAL SUPPORT | $1,000 |