Charles Hayden Foundation
- Assets
- $409.1m
- Revenue
- $23.8m
- Investments
- $387.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1938
- Data as of
- 06/2021
- EIN
- 13-5562237
Organization Overview
Charles Hayden Foundation is located in New York, NY. The organization was established in 1938. 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. Charles Hayden 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 06/2021, Charles Hayden Foundation generated $23.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $21.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth D Merin President, Member, Trustee | 35 | $441,000 | |
Carol Argento Vice President | 35 | $320,395 | |
Sonni Holland Program Officer And Assist Sec | 35 | $304,011 | |
William Wachenfeld Member | 1 | $9,800 | |
Dean Steeger Chairman,trustee | 3 | $9,800 | |
Kristen Mccormack Treasurer | 3 | $9,800 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eagle Capital Mgmt | 6/29/21 | $435,568 |
Sanderson Int'l | 6/29/21 | $254,820 |
Davidson Kempner | 6/29/21 | $248,401 |
Adage Capital Partners | 6/29/21 | $209,352 |
Prime Buchholtz | 6/29/21 | $202,879 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,266,757 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,027,787 |
| Capital Gain Net Income | $20,027,787 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $551,048 |
| Total Revenue | $23,845,592 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,141,006 |
| Other employee salaries and wages | $101,500 |
| Pension plans, employee benefits | $314,043 |
| Interest | $0 |
| Taxes | $327,523 |
| Depreciation | $0 |
| Occupancy | $331,235 |
| Travel, conferences, and meetings | $1,778 |
| Printing and publications | $1,005 |
| Other expenses | $134,522 |
| Total operating and administrative expenses | $4,686,268 |
| Contributions, gifts, grants paid | $16,815,791 |
| Total expenses and disbursements | $21,502,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,838,604 |
| Net Accounts receivable | $90,626 |
| 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 | $310,602,442 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $69,611 |
| Total assets | $409,092,899 |
| Accounts payable and accrued expenses | $132,790 |
| Grants payable | $175,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,994,857 |
| Total liabilities | $2,302,647 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |