Staritch Foundation Inc is located in Saranac Lake, NY. The organization was established in 2002. 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. Staritch 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 12/2021, Staritch Foundation Inc generated $376.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $508.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Staritch Foundation Inc has awarded 529 individual grants totaling $2,278,442. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James M Ritchie President/director | 0 | $0 | |
Carolyn R Donatello Director | 0 | $0 | |
Sally B Ritchie Treasurer/director | 0 | $0 | |
Robert M Holum Vice-President/director | 0 | $0 | |
Alexander R Valhouli Director | 0 | $0 | |
Dorothy R Valhouli Secretary/director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $106,760 |
Interest on Savings | $43 |
Dividends & Interest | $52,557 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $213,062 |
Capital Gain Net Income | $219,571 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $4,363 |
Total Revenue | $376,785 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $18,739 |
Total operating and administrative expenses | $32,219 |
Contributions, gifts, grants paid | $475,750 |
Total expenses and disbursements | $507,969 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$68,000 |
Savings and temporary cash investments | $675,762 |
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 | $7,945 |
Net Land, buildings, and equipment | $0 |
Other assets | $487 |
Total assets | $3,242,033 |
Accounts payable and accrued expenses | $0 |
Grants payable | $150,000 |
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 | $150,000 |
Over the last fiscal year, Staritch Foundation Inc has awarded $475,750 in support to 81 organizations.
Grant Recipient | Amount |
---|---|
Lake Placid, NY PURPOSE: SUPPORT EDUCATION | $275,000 |
Saranac Lake, NY PURPOSE: COMMUNITY RECREATIONAL FACILITY | $25,100 |
Saranac Lake, NY PURPOSE: LOCAL RESCUE AND EMT SERVICES | $10,000 |
FGCU - FDN OF COLLIER COUNTY COMMUNITY COLLEGE PURPOSE: SUPPORT FOR EDUCATION | $10,000 |
Saranac Lake, NY PURPOSE: INSURE WATER QUALITY OF UPPER SARANAC LAKE | $10,000 |
Saranac Lake, NY PURPOSE: PROMOTE SCIENTIFIC RESEARCH | $10,000 |
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 |