Spencer Charitable Fund
- Assets
- $489.4k
- Revenue
- $118.3k
- Investments
- $460.6k
- Employees
- 0
- Location
- Larchmont, NY
- Founding
- 06/1986
- Data as of
- 07/2023
- EIN
- 13-6855911
Organization Overview
Spencer Charitable Fund is located in Larchmont, NY. The organization was established in 1986. 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. Spencer Charitable 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 07/2023, Spencer Charitable Fund generated $118.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $165.5k during the year ending 07/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Spencer Charitable Fund has awarded 45 individual grants totaling $831,000. 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.
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 |
|---|---|---|---|
Gordon S Oppenheimer Trustee | 12 | $6,879 | |
Alexandra Oppenheimer Trustee | 10 | $6,879 | |
Jason Oppenheimer Trustee | 10 | $6,879 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $16 |
| Dividends & Interest | $118,242 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $46 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $118,258 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,637 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,575 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $312 |
| Total operating and administrative expenses | $23,524 |
| Contributions, gifts, grants paid | $142,000 |
| Total expenses and disbursements | $165,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,669 |
| Savings and temporary cash investments | $11,144 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,000 |
| Total assets | $489,385 |
| 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, Spencer Charitable Fund has awarded $142,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
GREENWICH HOSPITAL PURPOSE: GEN'L CHARITABLE | $25,000 |
MOUNT SINAI SCHOOL OF MEDICINE PURPOSE: GEN'L CHARITABLE | $10,000 |
AMERICAN CANCER SOCIETY PURPOSE: GEN'L CHARITABLE | $2,000 |
THE ANTHENIAN SCHOOL PURPOSE: GEN'L CHARITABLE | $50,000 |
CORNELL UNIVERSITY PURPOSE: GEN'L CHARITABLE | $15,000 |
SMITH COLLEGE PURPOSE: GEN'L CHARITABLE | $15,000 |