Cohoes Savings Foundation Inc
- Assets
- $5.4m
- Revenue
- $218.5k
- Investments
- $4.6m
- Employees
- 0
- Location
- Ballston Spa, NY
- Founding
- 03/1999
- Data as of
- 12/2021
- EIN
- 14-1809837
Organization Overview
Cohoes Savings Foundation Inc is located in Ballston Spa, NY. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cohoes Savings 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.
Since 2021, Cohoes Savings Foundation Inc has awarded 41 individual grants totaling $134,150. 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 |
|---|---|---|---|
Jacqueline E Brennan Exec Director/director-Pt | 24 | $49,904 | |
Harry L Robinson Chairman/director-Pt | 0 | $0 | |
Al Picchi Director-Pt | 0 | $0 | |
Michael Crotty Director-Pt | 0 | $0 | |
Alan Krafchin Director-Pt | 0 | $0 | |
Rick Ahl Sr Treasurer/director-Pt | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $47 |
| Dividends & Interest | $84,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $134,406 |
| Capital Gain Net Income | $4,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $218,454 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $49,904 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,066 |
| Depreciation | $4,837 |
| Occupancy | $3,450 |
| Travel, conferences, and meetings | $10,031 |
| Printing and publications | $0 |
| Other expenses | $14,981 |
| Total operating and administrative expenses | $115,775 |
| Contributions, gifts, grants paid | $134,150 |
| Total expenses and disbursements | $249,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,993 |
| Savings and temporary cash investments | $742,537 |
| 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 | $2,917 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,527 |
| Total assets | $5,366,061 |
| 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, Cohoes Savings Foundation Inc has awarded $134,150 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
Albany, NY PURPOSE: TO INCREASE ACCESS TO HEALTH CARE FOR DISABLED. | $10,000 |
THE VAN SCHAICK MANSION PROJECT PURPOSE: RESTORATION OF MUSEUM. | $9,500 |
THE EDDY ALZHEIMER'S CAREGIVERS PURPOSE: ALZHEIMER'S CAREGIVER SUPPORT PROGRAM. | $9,000 |
ARTHRITIS FOUNDATION PURPOSE: WALK TO CURE ARTHRITIS. | $7,500 |
Troy, NY PURPOSE: TUTORING ADULTS. | $7,500 |
Troy, NY PURPOSE: SECOND CHANCES SCHOLARSHIP PROGRAM. | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |