Hospice Foundation Of Central New York

Organization Overview

Hospice Foundation Of Central New York is located in Liverpool, NY. The organization was established in 1993. 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. Hospice Foundation Of Central New York 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 05/2022, Hospice Foundation Of Central New York generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 8.5% per year over the past 7 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, Hospice Foundation Of Central New York has awarded 22 individual grants totaling $4,322,093. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE HOSPICE FOUNDATION PROMOTES THE VALUES OF HOSPICE CARE. IT IS DEDICATED TO PROVIDING SUPPORT SOLELY FOR THE PROGRAMS AND OPERATIONS OF THE CARING COALITION OF CENTRAL NEW YORK D/B/A HOSPICE OF CENTRAL NEW YORK AND HOSPICE OF THE FINGER LAKES. THE HOSPICE FOUNDATION WORKS TO ENHANCE HOSPICE PROGRAMS AND INITIATIVES. THE HOSPICE FOUNDATION IS CHARGED WITH RECEIVING, SOLICITING, PRUDENTLY MANAGING AND INVESTING ALL FORMS OF CHARITABLE GIFTS FROM INDIVIDUALS, ORGANIZATIONS AND FOUNDATIONS. IT IS RESPONSIBLE FOR DISTRIBUTING RESTRICTED AND UNRESTRICTED GRANTS TO THE CARING COALITION OF CENTRAL NEW YORK IN ACCORDANCE WITH DONOR RESTRICTIONS AND EXISTING POLICIES OF THE FOUNDATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOLICITING, RECEIVING, AND ACKNOWLEDGING ALL FORMS OF CHARITABLE GIFTS FROM INDIVIDUALS, ORGANIZATIONS AND FOUNDATIONS VIA FUNDRAISING EVENTS AND MAIL SOLICITATIONS. 5,579 GIFTS RECEIVED.


GRANTS AND ALLOCATIONS MADE TO THE CARING COALITION OF CENTRAL NEW YORK DBA HOSPICE OF CENTRAL NEW YORK AND HOSPICE OF THE FINGER LAKES INCLUDING ONE OPERATIONS GRANT AND MONTHLY GRANTS TO DISTRIBUTE RESTRICTED FUNDS BASED UPON EXPENDITURES MADE IN ACCORDANCE WITH DONOR RESTRICTIONS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$70,307
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$868,167
Noncash contributions included in lines 1a–1f $7,488
Total Revenue from Contributions, Gifts, Grants & Similar$938,474
Total Program Service Revenue$0
Investment income $171,800
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $85,184
Net Income from Fundraising Events -$9,938
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,185,520

Grants Awarded

Over the last fiscal year, Hospice Foundation Of Central New York has awarded $641,171 in support to 2 organizations.

Grant RecipientAmount

THE CARING COALITION OF CENTRAL NEW YORK

Org PageRecipient Profile

Liverpool, NY

PURPOSE: SUPPORT HOSPICE SERVICES

$537,900

THE CARING COALITION OF CENTRAL NEW YORK

Org PageRecipient Profile

Liverpool, NY

PURPOSE: DISTRIBUTE RESTRICTED FUNDS FOR PROGRAM EXPENSES

$103,271
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Hospice Foundation Of Central New York has recieved totaling $52,142.

Awarding OrganizationAmount
Central New York Community Foundation Inc

Syracuse, NY

PURPOSE: GENERAL SUPPORT

$33,378
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$13,750
Green Family Foundation Inc

Bradenton, FL

PURPOSE: OVERHEAD SPEAKER/ PAGING SYSTEM

$4,839
Ge Foundation

Norwalk, CT

PURPOSE: MATCHING GIFTS

$175
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,371,803
Earnings-$360,742
Net Contributions$88,385
Other Expense$267,200
Ending Balance$6,832,246

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