Achelis And Bodman Foundation
- Assets
- $137.1m
- Revenue
- $5.4m
- Investments
- $135.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1941
- Data as of
- 12/2023
- EIN
- 13-6022018
Organization Overview
Achelis And Bodman Foundation is located in New York, NY. The organization was established in 1941. 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. Achelis And Bodman 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 12/2023, Achelis And Bodman Foundation generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $7.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Achelis And Bodman Foundation has awarded 643 individual grants totaling $24,697,000. 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 |
|---|---|---|---|
Russell P Pennoyer President/trustee | 3 | $0 | |
Tatiana Pouschine Vice President/trustee | 3 | $0 | |
John N Irwin III Chairman/trustee | 3 | $0 | |
Horace I Crary Jr Treasurer/trustee | 3 | $0 | |
George Mccabe Trustee | 3 | $0 | |
Leslie Lenkowsky Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pathstone | 12/30/23 | $193,757 |
Condon O'meara Mcginty & Donnelly | 12/30/23 | $58,340 |
First Republic | 12/30/23 | $57,629 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,837,725 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,573,213 |
| Capital Gain Net Income | $3,225,224 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $982,598 |
| Total Revenue | $5,393,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $350,000 |
| Other employee salaries and wages | $98,860 |
| Pension plans, employee benefits | $72,000 |
| Interest | $0 |
| Taxes | $126,700 |
| Depreciation | $0 |
| Occupancy | $112,832 |
| Travel, conferences, and meetings | $8,193 |
| Printing and publications | $4,710 |
| Other expenses | $36,710 |
| Total operating and administrative expenses | $1,206,601 |
| Contributions, gifts, grants paid | $6,670,000 |
| Total expenses and disbursements | $7,876,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,240 |
| Savings and temporary cash investments | $1,083,528 |
| 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 | $128,294,176 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,000 |
| Total assets | $137,130,810 |
| 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, Achelis And Bodman Foundation has awarded $6,670,000 in support to 162 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN BALLET THEATRE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC PURPOSE: GENERAL OPERATING SUPPORT | $1,250 |
AMERICAN PUBLIC MEDIA PURPOSE: TO ADAPT THE SOLD A STORY PODCAST INTO SPANISH | $50,000 |
AMERICAN REPERTORY BALLET PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
AMERICANS FOR FAIR TREATMENT PURPOSE: ACTIVITIES IN NEW YORK, NEW JERSEY | $25,000 |
ARCHDIOCESE OF NEWARK MERCY HOUSE PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |