William J Matheson Foundation Inc
- Assets
- $1.8m
- Revenue
- $251.3k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1955
- Data as of
- 06/2022
- EIN
- 13-6105414
Organization Overview
William J Matheson Foundation Inc is located in New York, NY. The organization was established in 1955. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William J Matheson Foundation Inc 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 06/2022, William J Matheson Foundation Inc generated $251.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.8% each year . All expenses for the organization totaled $269.5k during the year ending 06/2022. While expenses have increased by 20.2% per year over the past 6 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 2015, William J Matheson Foundation Inc has awarded 14 individual grants totaling $795,000. 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 |
|---|---|---|---|
Dr Robert Solomon President | 4 | $0 | |
Peter Krulewitch VP & Treasurer | 4 | $0 | |
Dr Anne Moore Director | 1 | $0 | |
Dr Thomas Q Morris Director | 1 | $0 | |
Patricia L Francy Director | 1 | $0 | |
Dr Andrew Lassman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,581 |
| Dividends & Interest | $35,435 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $187,273 |
| Capital Gain Net Income | $187,273 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $251,289 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $303 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,287 |
| Total operating and administrative expenses | $44,540 |
| Contributions, gifts, grants paid | $225,000 |
| Total expenses and disbursements | $269,540 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,075 |
| Savings and temporary cash investments | $58,576 |
| 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 | $500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,777,579 |
| 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, William J Matheson Foundation Inc has awarded $225,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA UNIVERSITY COLLEGE OF PHYSICIANS & SURGEONS PURPOSE: MEDICAL RESEARCH | $100,000 |
COLUMBIA UNIVERSITY VACCINE HESITANCY PROGRAM FUND PURPOSE: MEDICAL RESEARCH | $125,000 |