League Of Women Voters Of New York State Education Foundation Inc
- Assets
- $1.7m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 04/1952
- Data as of
- 06/2022
- EIN
- 13-6215058
Organization Overview
League Of Women Voters Of New York State Education Foundation Inc is located in Albany, NY. The organization was established in 1952. According to its NTEE Classification (R40) the organization is classified as: Voter Education & Registration, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. League Of Women Voters Of New York State Education 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, League Of Women Voters Of New York State Education Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.9% each year . All expenses for the organization totaled $377.4k during the year ending 06/2022. While expenses have increased by 4.2% per year over the past 7 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, League Of Women Voters Of New York State Education Foundation Inc has awarded 29 individual grants totaling $303,048. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE EDUCATION FOUNDATION PRODUCES AND DISTRIBUTES NONPARTISAN, EDUCATIONAL MATERIALS, AND FUNDS ACTIVITIES WHICH PROMOTE COMMUNICATION OF CITIZENS AND THEIR GOVERNMENT OFFICIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION: THE EDUCATION FOUNDATION ORGANIZES PROGRAMS TO EDUCATE THE PUBLIC ON CURRENT ISSUES AND ELECTIONS, AS WELL AS DIRECT PROGRAMS FOR HIGH SCHOOL STUDENTS.
GRANTS MANAGEMENT: THE EDUCATION FOUNDATION GRANTS FUNDS GENERATED BY LOCAL LEAGUES WHICH HAVE BEEN EARMARKED FOR PROJECTS TO BE PERFORMED BY LOCAL LEAGUES.
SERVICES TO LOCAL LEAGUES: THE FOUNDATION PROVIDES RESOURCES AND MATERIALS TO LOCAL LEAGUES FOR THEIR EDUCATIONAL PROGRAMS AND ELECTION-RELATED ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judie Gorenstein President | OfficerTrustee | 1 | $0 |
Nancy Rosenthal Vice President | OfficerTrustee | 1 | $0 |
Patricia Garrett Secretary | OfficerTrustee | 1 | $0 |
Lori Robinson Treasurer | OfficerTrustee | 1 | $0 |
Sheila Miller Bernson Director | Trustee | 1 | $0 |
Jane Colvin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,845 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,393,856 |
| Noncash contributions included in lines 1a–1f | $989,130 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,424,701 |
| Total Program Service Revenue | $0 |
| Investment income | $22,250 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,500 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,453,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $60,346 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $71,823 |
| Fees for services: Legal | $21,188 |
| Fees for services: Accounting | $4,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,830 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,569 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,790 |
| Insurance | $2,896 |
| All other expenses | $9,187 |
| Total functional expenses | $377,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,463 |
| Savings and temporary cash investments | $179,200 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,914 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,216 |
| Net Land, buildings, and equipment | $114,149 |
| Investments—publicly traded securities | $1,388,800 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,721,742 |
| Accounts payable and accrued expenses | $20,119 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,119 |
| Net assets without donor restrictions | $764,553 |
| Net assets with donor restrictions | $937,070 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,721,742 |
Grants Awarded
Over the last fiscal year, League Of Women Voters Of New York State Education Foundation Inc has awarded $27,994 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
LWV ROCHESTER METRO PURPOSE: FOR LOCAL PROJECTS OF THE LEAGUE | $9,178 |
LWV BUFFALO NIAGRA PURPOSE: FOR LOCAL PROJECTS OF THE LEAGUE | $8,427 |
LWV SARATOGA COUNTY PURPOSE: FOR LOCAL PROJECTS OF THE LEAGUE | $10,389 |