Nathan Littauer Foundation Inc
- Assets
- $13.0m
- Revenue
- $499.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Gloversville, NY
- Founding
- 08/1983
- Data as of
- 12/2023
- EIN
- 14-1638991
Organization Overview
Nathan Littauer Foundation Inc is located in Gloversville, NY. The organization was established in 1983. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nathan Littauer 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 12/2023, Nathan Littauer Foundation Inc generated $499.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $801.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nathan Littauer Foundation Inc has awarded 11 individual grants totaling $1,209,724. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT OF THE NATHAN LITTAUER HOSPITAL OF GLOVERSVILLE, NEW YORK AND OTHER LOCAL HEALTH CARE FACILITIES AND PROGRAMS THROUGH FUNDRAISING AND PROMOTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO THE NATHAN LITTAUER HOSPITAL AND FULTON COUNTY NEW YORK HEALTHCARE ORGANIZATIONS THROUGH FUNDRAISING AND PROMOTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David D'amore Chairperson | OfficerTrustee | 2 | $0 |
Peter Semione Vice Chair | OfficerTrustee | 2 | $0 |
Amy Pedrick Treasurer | OfficerTrustee | 2 | $0 |
Grant Preston Secretary | OfficerTrustee | 2 | $0 |
Colleen Baldwin Director | Trustee | 1 | $0 |
Janine Dykeman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $177,256 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | -$81,821 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,435 |
| Total Program Service Revenue | $0 |
| Investment income | $350,912 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,257 |
| Net Income from Fundraising Events | -$21,863 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $499,043 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $704,190 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,866 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,936 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $801,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,698 |
| Savings and temporary cash investments | $264,802 |
| Pledges and grants receivable | $465,792 |
| Accounts receivable, net | $0 |
| 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 | $2 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $12,183,265 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,018,559 |
| Accounts payable and accrued expenses | $7,435 |
| 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 | $7,435 |
| Net assets without donor restrictions | $12,347,616 |
| Net assets with donor restrictions | $663,508 |
| 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 | $13,018,559 |
Grants Awarded
Over the last fiscal year, Nathan Littauer Foundation Inc has awarded $704,190 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NATHAN LITTAUER HOSPITAL & NURSING PURPOSE: OPERATING | $458,881 |
NATHAN LITTAUER HOSPITAL & NURSING PURPOSE: CAPITAL | $220,459 |
7 LOCAL HEALTH CARE ORGANIZATIONS PURPOSE: HEALTH CARE | $8,763 |
4 NURSING SCHOLARSHIPS PURPOSE: PROMOTE NURSING | $16,087 |