Duke Farms Foundation
- Assets
- $65.4m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1998
- Data as of
- 12/2021
- EIN
- 13-4008720
Organization Overview
Duke Farms Foundation is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (C42) the organization is classified as: Garden Clubs, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duke Farms 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, Duke Farms Foundation generated $13.7m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $17.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Duke Farms Foundation has awarded 36 individual grants totaling $177,732. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUKE FARMS IS A 2,700-ACRE PROPERTY IN HILLSBOROUGH, NJ. A REGIONAL CENTER FOR ENVIRONMENTAL STEWARDSHIP, DUKE FARMS PROVIDES A HEALTHY AND SUSTAINABLE HABITAT FOR NATIVE FLORA AND FAUNA FULLY INTEGRATED WITH LOCAL, STATE AND REGIONAL ENVIRONMENTAL STRATEGIES. IT IS A PLACE OF EDUCATION, ENJOYMENT AND RESEARCH THAT ENHANCES THE ENVIRONMENTAL HEALTH OF THE REGION.TO ACCOMPLISH THIS MISSION, DUKE FARMS PROVIDES A WEALTH OF EDUCATIONAL PROGRAMS TO VISITORS, INCLUDING NATURE PROGRAMS, HORTICULTURAL CLASSES, SUSTAINABLE AGRICULTURE ENDEAVORS. THE GROUNDS ARE ALSO USED EXTENSIVELY TO FURTHER ENVIRONMENTAL, AGRICULTURAL AND HORTICULTURAL RESEARCH AND TO PROVIDE A CRITICAL HABITAT FOR ENDANGERED SPECIES AND SERVES AS AN IMPORTANT RESTING PLACE FOR MIGRATORY BIRDS.DUKE FARM'S SOLE CHARITABLE ACTIVITY IS THE OPERATION OF THE FARM PROPERTY; ACCORDINGLY, ALL EXPENSES INCURRED BY THE FOUNDATION (EXCLUSIVE OF INDIRECT OVERHEAD COSTS) ARE EXPENSES RELATED TO ITS DIRECT CHARITABLE ACTIVITIES.
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 |
|---|---|---|---|
Margaret Waldock Executive Director | 40 | $246,735 | |
Jonathan Wagar Exec. Dep. Director | 40 | $154,655 | |
Thomas Almendinger Dir. Natural Res. | 40 | $129,047 | |
Nora Dichiara Dir. Programs | 40 | $129,009 | |
Ronald Dalrymple Mgr. Des. Landscapes | 40 | $90,485 | |
Samsher Gill Ceo/president (as Of 04/2021) | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $13,508,182 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $11,150 |
| Net Gain on Sale of Assets | -$119,416 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $43,727 |
| Other Income | $289,474 |
| Total Revenue | $13,733,117 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $3,678,156 |
| Pension plans, employee benefits | $2,170,600 |
| Interest | $2,077,354 |
| Taxes | $268,303 |
| Depreciation | $3,588,619 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $10,903 |
| Printing and publications | $12,576 |
| Other expenses | $5,018,708 |
| Total operating and administrative expenses | $17,121,968 |
| Contributions, gifts, grants paid | $75,150 |
| Total expenses and disbursements | $17,197,118 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$7,915 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $247 |
| 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 | $188,131 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $64,181,670 |
| Other assets | $1,014,083 |
| Total assets | $65,376,216 |
| Accounts payable and accrued expenses | $852,781 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $55,090,000 |
| Other liabilities | $14,581,250 |
| Total liabilities | $70,524,031 |
Grants Awarded
Over the last fiscal year, Duke Farms Foundation has awarded $75,150 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
MANVILLE FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $5,000 |
Somerville, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
Manville, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
RELIEF HOSE CO NO 2 PURPOSE: GENERAL SUPPORT | $5,000 |
Far Hills, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
Hillsborough, NJ PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania Horticultural Society Philadelphia, PA | $74,603,283 | $29,814,055 |
Duke Farms Foundation New York, NY | $65,376,216 | $13,733,117 |
Worcester County Horticultural Society Boylston, MA | $53,254,772 | $8,887,318 |
Suffolk County Police Benevolent Association Inc Brentwood, NY | $16,423,887 | $4,538,264 |
Horticultural Society Of New York Inc New York, NY | $8,122,363 | $5,400,528 |
The Garden Club Of America New York, NY | $51,161,418 | $4,627,896 |
Native Plant Trust Inc Framingham, MA | $18,138,902 | $4,129,491 |
Young Womens Christian Association Hanover, PA | $2,865,285 | $3,277,919 |
Grow Pittsburgh Pittsburgh, PA | $2,294,630 | $1,879,127 |
Citysprouts Inc Cambridge, MA | $677,134 | $1,247,696 |
Real Organic Project Inc East Thetford, VT | $661,305 | $994,588 |
Neighborhood Gardens Trust Philadelphia, PA | $2,076,476 | $786,202 |