Bank Of Greene County Charitable Foundation
- Assets
- $11.8m
- Revenue
- $645.4k
- Investments
- $7.8m
- Employees
- 0
- Location
- Catskill, NY
- Founding
- 09/1999
- Data as of
- 06/2024
- EIN
- 14-1810419
Organization Overview
Bank Of Greene County Charitable Foundation is located in Catskill, NY. The organization was established in 1999. 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. Bank Of Greene County Charitable Foundation 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 06/2024, Bank Of Greene County Charitable Foundation generated $645.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $518.7k during the year ending 06/2024. While expenses have increased by 18.3% per year over the past 9 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, Bank Of Greene County Charitable Foundation has awarded 870 individual grants totaling $925,881. 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 |
|---|---|---|---|
Donald Gibson President & CEO | 0 | $0 | |
Stephen Nelson Director | 0 | $0 | |
Michelle M Plummer Director | 0 | $0 | |
David H Jenkins DVM Director | 0 | $0 | |
Charles H Schaefer ESQ Director | 0 | $0 | |
Jay P Cahalan Chairman/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $95,240 |
| Dividends & Interest | $187,805 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $362,392 |
| Capital Gain Net Income | $362,392 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $645,437 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $94,238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $408 |
| Total operating and administrative expenses | $97,796 |
| Contributions, gifts, grants paid | $420,931 |
| Total expenses and disbursements | $518,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,024,516 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $11,848,394 |
| 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, Bank Of Greene County Charitable Foundation has awarded $420,931 in support to 356 organizations.
| Grant Recipient | Amount |
|---|---|
AB SHAW FIRE COMPANY INC PURPOSE: PURCHASE OF NEW IPADS FOR CHIEFS/MEMBERS | $1,000 |
518 ELEVATED PURPOSE: PATHWAYS TO COLLEGE PROGRAM FOR LOW/MODERATE INCOME AND FIRST GENERATION COLLEGE STUDENTS | $1,000 |
ALAN DEVOE BIRD CLUB INC PURPOSE: COLOR PRINTING OF NEW BROCHURES FOR THE CLUB | $100 |
ALBANY COUNTY HISTORICAL ASSOCIATION PURPOSE: FREE COMMUNITY OUTREACH PROGRAM "ART MEETS HISTORY: FAMILY ENGAGEMENT PROGRAM" | $100 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: SUICIDE PREVENTION EDUCATION PROGRAM: TALK SAVES LIVES, THE FIREARMS MODULE | $200 |
AND-HOF ANIMALS SANCTUARY FOR FARM ANIMALS PURPOSE: VETERINARY SERVICES AND FOOD EXPENSES FOR RESCUED FARM ANIMALS | $1,000 |