Steven Gerencser Sch P Calasanctius Fund
- Assets
- $947.4k
- Revenue
- $79.7k
- Investments
- $932.9k
- Employees
- 0
- Location
- Williamsville, NY
- Founding
- 11/1996
- Data as of
- 12/2021
- EIN
- 16-1488251
Organization Overview
Steven Gerencser Sch P Calasanctius Fund is located in Williamsville, NY. The organization was established in 1996. According to its NTEE Classification (Q22) the organization is classified as: International Academic Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Steven Gerencser Sch P Calasanctius Fund 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, Steven Gerencser Sch P Calasanctius Fund generated $79.7k 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 (4.7%) each year. All expenses for the organization totaled $72.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS FACILITATING STUDIES BY HUNGARIAN AND OTHER CENTRAL EUROPEAN STUDENTS IN COLLEGES, UNIVERSITIES, TEACHING HOSPITALS AND OTHER EDUCATIONAL INSTITUTIONS LOCATED IN THE UNITED STATES AND THEREBY ENCOURIGING THE DEVELOPMENT OF CENTRAL EUROPEAN DEMOCRACIES WHILE ENRICHING THE CULTURAL DIVERSITY OF NORTH AMERICAN EDUCATIONAL INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Wm Forgach Trustee | 20 | $0 | |
Katalin A Spangler Trustee | 5 | $0 | |
Nandor Forgach Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $32,765 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,903 |
| Capital Gain Net Income | $46,903 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,683 |
| 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 | $11,227 |
| Printing and publications | $0 |
| Other expenses | $10,716 |
| Total operating and administrative expenses | $21,943 |
| Contributions, gifts, grants paid | $51,001 |
| Total expenses and disbursements | $72,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,440 |
| 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 | $27,581 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $947,362 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Onward Israel Usa Inc New York, NY | $2,215,370 | $5,939,234 |
Showa Boston Institute For Language And Culture Jamaica Plain, MA | $39,110,971 | $10,562,824 |
Afs Intercultural Programs Inc New York, NY | $14,241,646 | $12,687,356 |
Egyptian-American Enterprise Fund New York, NY | $169,845,703 | $41,150,119 |
International Student Exchange Inc Bay Shore, NY | $14,840,965 | $6,979,556 |
Insead North America Inc Valhalla, NY | $10,753,709 | $6,277,643 |
Program Of Academic Exchange Port Chester, NY | $4,242,998 | $6,723,504 |
School Year Abroad Inc North Andover, MA | $31,777,579 | $4,148,421 |
Urban Assembly Inc New York, NY | $3,965,114 | $5,718,202 |
American Secondary Schools For Internatl Students & Teachers Inc Suffield, CT | $4,907,534 | $4,976,762 |
Belgian American Educational Foundation Inc New Haven, CT | $187,360,313 | $18,682,825 |
South Africa Partners Inc Boston, MA | $738,442 | $2,936,650 |