Al Sigl Foundation Inc
- Assets
- $33.1m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 16-1544847
Organization Overview
Al Sigl Foundation Inc is located in Rochester, NY. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. AL Sigl 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 12/2023, AL Sigl Foundation Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 1.6% per year over the past 8 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 2016, AL Sigl Foundation Inc has awarded 88 individual grants totaling $14,063,035. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE AL SIGL FOUNDATION RAISES, MANAGES AND DISTRIBUTES FUNDS TO FOSTER THE GOALS OF THE AL SIGL COMMUNITY OF AGENCIES, ITS COLLABORATIVE MEMBER AGENCIES, AND THE TENS OF THOUSANDS OF CHILDREN AND ADULTS WITH DISABILITIES AND SPECIAL NEEDS WHO ARE SERVED BY THOSE AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SPORTS COMMITTEE CELEBRATED A VERY SUCCESSFUL 2023 AT THEIR HOLIDAY LUNCHEON WHERE THEY DISTRIBUTED A TOTAL OF $96,000 IN UNRESTRICTED FUNDS TO AL SIGL MEMBER AGENCIES AS A RESULT OF FUNDRAISING THROUGHOUT THE YEAR. THE GOLF TOURNAMENT HOSTED 140 GOLFERS WHO PROVED THEIR DEDICATION TO THE CAUSE BY PLAYING THROUGH AFTERNOON RAIN. THE EVENT RAISED A NET $71,638. THE TENNIS BENEFIT WAS AGAIN A SELL OUT WITH 72 PLAYERS JOINING US ON SATURDAY FOR THE TEAM TOURNAMENT. ATTENDANCE INCREASED AS WE INTRODUCED A SOCIAL ROUND ROBIN ON FRIDAY EVENING TO EMBRACE RECREATIONAL PLAYERS. THE TWO-DAY EVENT RAISED $22,381. GUESTS ENJOYED SIPPING AND SAMPLING FROM A VARIETY OF LOCAL ESTABLISHMENTS AT THIS YEAR'S FINE TASTINGS EVENT RAISING $32,135. A LIFT FOR ABILITIES SKI BENEFIT HAS BEEN ADDED AS AN ANNUAL EVENT THIS YEAR RAISING $7,500.
HUNDREDS OF WALKERS AND ROLLERS JOINED US AT EASTVIEW MALL FOR THE 34TH ANNUAL AL SIGL COMMUNITY WALKABOUT. FRIENDS OF ALL AGES AND ABILITIES JOINED US FOR ACCESSIBLE, FAMILY-FRIENDLY, HALLOWEEN-THEMED FUN FOR ALL. THE GRAND FINALE WAS A COSTUME CONTEST GIVING EACH PARTICIPANT THEIR MOMENT TO SHINE ON THE STAGE. THIS YEAR OUR COMMUNITY IMPACT GREW SIGNIFICANTLY AS WE HAD THE OPPORTUNITY TO DISTRIBUTE NEW COSTUMES TO OUR WALKABOUT GUESTS, THANKS TO A GENEROUS DONATION. AL SIGL MEMBER AGENCIES, PROGRAM PARTICIPANTS, FAMILIES, COMMUNITY MEMBERS, AND VOLUNTEERS CAME TOGETHER TO SUPPORT THIS MEMORABLE MORNING CELEBRATING INCLUSION AND ABILITIES.
THE AL SIGL FOUNDATION IS CHARGED WITH RAISING FUNDS TO ADVANCE THE MISSION AND OBJECTIVES OF THE AL SIGL COMMUNITY OF AGENCIES AND ITS COLLABORATIVE MEMBER AGENCIES. THIS SUPPORT HELPS PEOPLE OF ALL ABILITIES BECOME MORE INDEPENDENT, ACHIEVE THEIR GOALS AND BE MORE FULLY INCLUDED IN COMMUNITY LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas O'connor President | OfficerTrustee | 20 | $0 |
Stacey Wallenhorst CFO | Officer | 20 | $0 |
Debra Salmon Through 62023 Foundation VP | Officer | 40 | $0 |
Brenda Geglia Starting 92023 Foundation VP | Officer | 40 | $0 |
Matthew Parrilli Vice Chair - Current | OfficerTrustee | 1 | $0 |
Joseph Casion Board Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $122,050 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,086,483 |
| Noncash contributions included in lines 1a–1f | $22,602 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,208,533 |
| Total Program Service Revenue | $0 |
| Investment income | $786,358 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,264,138 |
| Net Income from Fundraising Events | $35,131 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,294,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,564,450 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,000 |
| Advertising and promotion | $135,316 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,336 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,373 |
| All other expenses | $0 |
| Total functional expenses | $2,520,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,271 |
| Savings and temporary cash investments | $3,140,782 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $107,577 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,559 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $29,801,101 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $33,073,290 |
| Accounts payable and accrued expenses | $53,014 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,077,989 |
| Total liabilities | $1,131,003 |
| Net assets without donor restrictions | $5,312,850 |
| Net assets with donor restrictions | $26,629,437 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $33,073,290 |
Grants Awarded
Over the last fiscal year, Al Sigl Foundation Inc has awarded $1,563,850 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MEDICAL MOTOR SERVICE OF ROCHESTER AND MONROE COUNTY INC PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $135,074 |
EMPOWERING PEOPLE'S INDEPENDENCE PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $95,170 |
ROCHESTER HEARING & SPEECH CENTER INC PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $174,635 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY UPSTATE NY CHAPTER PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $97,601 |
ROCHESTER REHABILITATION CENTER INC PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $95,162 |
UNITED CEREBAL PALSY ASSOCIATION OF THE ROCHESTER AREA INC PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $96,440 |