Isaac H Tuttle Fund
- Assets
- $49.8m
- Revenue
- $1.6m
- Investments
- $19.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1938
- Data as of
- 12/2021
- EIN
- 13-5628325
Organization Overview
Isaac H Tuttle Fund is located in New York, NY. The organization was established in 1938. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Isaac H Tuttle Fund 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, Isaac H Tuttle Fund generated $1.6m 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 (3.1%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Isaac H Tuttle Fund has awarded 40 individual grants totaling $2,018,770. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
STIPENDIARY FINANCIAL ASSISTANCE AND SUPPORTIVE CARE MANAGEMENT SERVICES TO NEEDY AGED INDIVIDUALS (INCLUDES DIRECT STIPENDS OF $476,829 - SEE STATEMENT 16).
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 |
|---|---|---|---|
Stephanie Raneri Executive Director, Thru 10/31/21 | 37.5 | $187,212 | |
Gillian Francis Executive Director, Effective 11/1/21 | 37.5 | $138,844 | |
Florence Lynch Manager, Stipendiary | 37.5 | $93,000 | |
Gloria C Psachie Social Worker, Stipe | 37.5 | $71,394 | |
Therese Schmidt Social Worker, Stipe | 37.5 | $71,394 | |
Eileen Cullinan Office Manager | 37.5 | $66,626 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,147,673 |
| Interest on Savings | $10 |
| Dividends & Interest | $42,882 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $360,681 |
| Capital Gain Net Income | $764,746 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,551,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $326,056 |
| Other employee salaries and wages | $302,414 |
| Pension plans, employee benefits | $220,650 |
| Interest | $0 |
| Taxes | $17,500 |
| Depreciation | $19,954 |
| Occupancy | $90,128 |
| Travel, conferences, and meetings | $1,092 |
| Printing and publications | $921 |
| Other expenses | $34,771 |
| Total operating and administrative expenses | $1,071,959 |
| Contributions, gifts, grants paid | $1,061,829 |
| Total expenses and disbursements | $2,133,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,433 |
| Savings and temporary cash investments | $1,186,345 |
| 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 | $33,858 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,741,561 |
| Net Land, buildings, and equipment | $19,841 |
| Other assets | $28,765,924 |
| Total assets | $49,834,962 |
| Accounts payable and accrued expenses | $29,755 |
| 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 | $184,400 |
| Total liabilities | $214,155 |
Grants Awarded
Over the last fiscal year, Isaac H Tuttle Fund has awarded $1,061,829 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
STIPENDS TO NEEDY AGED - SEE STATEM PURPOSE: ASSISTANCE TO NEEDY AGED INDIVIDUALS | $476,829 |
New York, NY PURPOSE: SEARCH AND CARE WEST | $50,000 |
New York, NY PURPOSE: TECHNOLOGY INSTRUCTOR AT HUDSON GUILD'S ADULT CENTER | $35,000 |
New York, NY PURPOSE: LINCOLN SQUARE NEIGHBORHOOD CENTER OLDER ADULT SERVICES | $30,000 |
COUNCIL OF SENIOR CENTERS AND SERVICES DBA LIVEON NY PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
New York, NY PURPOSE: OLDER ADULT PROGRAM | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Isaac H Tuttle Fund has recieved totaling $97,173.
| Awarding Organization | Amount |
|---|---|
Martin S Paine Foundation Dallas, TX PURPOSE: SEE ATTACHED EXPENDITURE | $97,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |