John Simon Guggenhein Memorial Foundation
- Assets
- $330.2m
- Revenue
- $18.5m
- Investments
- $299.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1938
- Data as of
- 12/2022
- EIN
- 13-5673173
Organization Overview
John Simon Guggenhein Memorial 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. John Simon Guggenhein Memorial 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 12/2022, John Simon Guggenhein Memorial Foundation generated $18.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $19.4m during the year ending 12/2022. While expenses have increased by 0.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Simon Guggenhein Memorial Foundation has awarded 4,075 individual grants totaling $136,551,207. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Hirsch President And Trustee | 40 | $641,480 | |
Andre Bernard V.P. And Secretary | 40 | $343,504 | |
Sari Sharaby C.f.o. And Treasurer | 40 | $186,875 | |
Susan D Mellin Director Of Advancement | 40 | $245,000 | |
Dwight E Lee Chairman And Trustee | 1 | $0 | |
Lawrence D Bobo Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Partners Capital | 12/30/22 | $1,400,967 |
Highline Systech Inc | 12/30/22 | $139,547 |
Ignotum Inc | 12/30/22 | $83,186 |
Lenet | 12/30/22 | $116,050 |
Buck Global Llc | 12/30/22 | $78,912 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,270,380 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,133,145 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,527,107 |
| Capital Gain Net Income | $9,527,107 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,563,193 |
| Total Revenue | $18,493,825 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,536,521 |
| Other employee salaries and wages | $839,591 |
| Pension plans, employee benefits | $403,919 |
| Interest | $0 |
| Taxes | $293,087 |
| Depreciation | $52,026 |
| Occupancy | $1,247,642 |
| Travel, conferences, and meetings | $42,868 |
| Printing and publications | $0 |
| Other expenses | $349,681 |
| Total operating and administrative expenses | $6,499,870 |
| Contributions, gifts, grants paid | $12,935,000 |
| Total expenses and disbursements | $19,434,870 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $862,560 |
| Savings and temporary cash investments | $14,288,002 |
| Net Accounts receivable | $99,005 |
| Net Pledges Receivable | $1,506,000 |
| 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 | $258,456,175 |
| Net Land, buildings, and equipment | $287,810 |
| Other assets | $13,491,575 |
| Total assets | $330,238,281 |
| Accounts payable and accrued expenses | $984,681 |
| Grants payable | $7,161,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $15,187,061 |
| Total liabilities | $23,333,242 |
Grants Awarded
Over the last fiscal year, John Simon Guggenhein Memorial Foundation has awarded $17,906,502 in support to 423 organizations.
| Grant Recipient | Amount |
|---|---|
JOEL F HARRINGTON PURPOSE: HANS STADEN AND THE GERMAN COUNTER-NARRATIVE OF NEW WORLD CANNIBALISM | $25,000 |
LAUREN BENTON PURPOSE: LEGALITIES OF SMALL WARS IN EUROPEAN EMPIRES, 1400-1900 | $25,000 |
SUSANNA BERGER PURPOSE: VISUAL EXPERTISE AND THE AESTHETICS OF DECEPTION IN EARLY MODERN ITALY | $27,500 |
ELIZABETH CAROLYN MILLER PURPOSE: EXTRACTION ECOLOGIES AND THE LITERATURE OF THE LONG EXHAUSTION, 1830S-1930S | $25,000 |
GERARD PASSANNANTE PURPOSE: GOD IS IN THE DETAIL: COSMIC ORDER AND THE SENSE OF SCALE | $27,500 |
PEGGY SHAW PURPOSE: DRAMA & PERFORMANCE ART | $30,000 |