East Hill Foundation
- Assets
- $21.9m
- Revenue
- $657.6k
- Investments
- $19.4m
- Employees
- 0
- Location
- North Tonawanda, NY
- Founding
- 03/2000
- Data as of
- 12/2023
- EIN
- 16-1441497
Organization Overview
East Hill Foundation is located in North Tonawanda, NY. The organization was established in 2000. 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. East Hill 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 12/2023, East Hill Foundation generated $657.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, East Hill Foundation has awarded 374 individual grants totaling $7,041,820. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS A TRAINING PROGRAM WHICH INCLUDES A MULTI-YEAR CURRICULUM DESIGNED TO IMPROVE THE SUSTAINABILITY OF CHARITABLE ORGANIZATIONS IN WESTERN NEW YORK. DURING 2015 THREE ORGANIZATIONS PARTICIPATED IN THIS TRAINING CURRICULUM. EXPENSES INCLUDE $14,500 IN GRANTS TO THESE PARTICIPATING ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Warren Greatbatch Vice President | 16 | $0 | |
John Siegel Dir/secretary | 10 | $0 | |
Ami Greatbatch President | 15 | $0 | |
Kenneth Dulian Executive Director | 40 | $167,263 | |
David Pierce MD Director | 5 | $0 | |
Michele Schmidt Admin. Director | 40 | $126,794 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,351 |
| Dividends & Interest | $537,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $118,583 |
| Capital Gain Net Income | $118,583 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $278 |
| Total Revenue | $657,633 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $294,057 |
| Other employee salaries and wages | $82,451 |
| Pension plans, employee benefits | $41,651 |
| Interest | $0 |
| Taxes | $41,232 |
| Depreciation | $39,555 |
| Occupancy | $64,605 |
| Travel, conferences, and meetings | $6,115 |
| Printing and publications | $3,150 |
| Other expenses | $10,407 |
| Total operating and administrative expenses | $758,054 |
| Contributions, gifts, grants paid | $618,040 |
| Total expenses and disbursements | $1,376,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $280,565 |
| Savings and temporary cash investments | $1,735,523 |
| 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 | $2,077 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $392,766 |
| Other assets | $78,770 |
| Total assets | $21,899,486 |
| Accounts payable and accrued expenses | $208 |
| 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 | $208 |
Grants Awarded
Over the last fiscal year, East Hill Foundation has awarded $836,540 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF LITTLE PORTION FRIARY PURPOSE: SMOKE DETECTORS, BED BUG HEAT SYSTEM, MATTRESS COVERS, WASHING MACHINE FOR SHELTER | $10,890 |
HOMESPACE PURPOSE: RENOVATE HOUSING UNIT FOR 18-21 YEAR OLD FOSTER YOUTH AND THEIR CHILD/CHILDREN | $30,000 |
MARTIN HOUSE RESTORATION CORPORATION PURPOSE: FOR CAPITAL AND MAINTENANCE COSTS AT VISITORS CENTER YEAR 2 OF 5 | $20,000 |
NORTH TONAWANDA BENEVOLENT ASSOCIATION PURPOSE: WARM JACKETS, CLOTHING, BOOTS, SHOES, TOYS FOOD FOR NEEDY CHILDREN | $10,000 |
RURAL OUTREACH CENTER PURPOSE: WARM WINTER CLOTHING, BOOTS FOR CHILDREN AND TEENS IN NEED | $16,350 |
RESPONSE TO LOVE CENTER PURPOSE: DAIRY AND FRESH PRODUCE FOR FOOD PANTRY/SOUP KITCHEN | $20,000 |