Al Sigl Foundation Inc
- Assets
- $36.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 03/1998
- Data as of
- 12/2021
- 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 12/2021, AL Sigl Foundation Inc generated $2.7m 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 (9.5%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, AL Sigl Foundation Inc has awarded 79 individual grants totaling $10,745,022. 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
2021
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 32ND ANNUAL AL SIGL COMMUNITY WALKABOUT RETURNED TO AN INDOOR EVENT AT EASTVIEW MALL WELCOMING FAMILIES, FRIENDS, AND COMMUNITY MEMBERS OF ALL ABILITIES. WALKERS AND ROLLERS JOINED US WITH COSTUMES, SMILES AND LAUGHTER AS THEY MADE THEIR WAY AROUND THE HALLOWEEN-THEMED ROUTE. THE EVENT WAS CAPPED OFF WITH OUR COSTUME CONTEST GIVING ALL PARTICIPANTS THEIR TIME TO SHINE AS THEY CROSSED THE STAGE PROUDLY DISPLAYING THEIR CREATIVE COSTUMES. WE WELCOMED VOLUNTEERS OF ALL AGES RANGING FROM MIDDLE SCHOOL TO COLLEGE, AND BEYOND TO HELP WITH THIS MEMORABLE MORNING CELEBRATING INCLUSION. THE EVENT PLATFORM ALLOWS AGENICES TO RAISE MONEY FOR SPECIFIC PROGRAMS AND SERVICES INDIVIDUALLY. ALONG THE ROUTE, GUESTS WERE GREETED BY REPRESENTATIVES FROM AL SIGL, CP ROCHESTER, EMPOWERING PEOPLE'S INDEPENDENCE, MEDICAL MOTOR SERVICE, NATIONAL MULTIPLE SCLEROSIS SOCIETY UPSTATE NY, ROCHESTER HEARING & SPEECH CENTER, ROCHESTER REHABILITATION, AND STARBRIDGE.
THE SPORTS CLASSIC GOLF TOURNAMENT CELEBRATED 52 YEARS AND STILL GIVING IN 2021. STILL FACING CHALLENGES WITH COVID-19 THE TOURNAMENT FOLLOWED TEE TIMES AND ADOPTED AN OUTDOOR HAPPY HOUR FOR GUESTS TO SAFELY GATHER FOLLOWING THEIR ROUND OF GOLF. THIS YEAR'S EVENT NETTED OVER $85,000. THE SPORTS COMMITTEE'S TENNIS BENEFIT WELCOMED 28 DOUBLES TEAMS TO ENJOY A DAY OF GREAT MATCHES AND CAMARADERIE. FINE TASTINGS CONTINUED IN A HYBRID FORMAT THIS YEAR SHARING A WINE PAIRING EXPERIENCE WITH OUR FRIENDS IN PERSON AND AT HOME. THESE EVENTS RAISED $20,000 AND $38,000 RESPECTIVELY THIS YEAR. THE FOUNDATION THROUGH THE SPORTS COMMITTEE WAS PROUD TO DISTRIBUTE A TOTAL OF $80,000 IN UNRESTRICTED FUNDS AGAIN THIS YEAR ALLOWING ORGANIZATIONS TO DETERMINE WHERE THE GRANTS WOULD BE BEST SPENT GIVEN THE CHALLENGES THEY CONTINUE TO FACE DUE TO THE PANDEMIC. OUR ANNUAL HOLIDAY EVENT TOOK PLACE VIRTUALLY WITH REPRESENTATIVES FROM ALL SEVEN AL SIGL MEMBER AGENCIES JOINING SPORTS COMMITTEE MEMBERS TO SHARE PERSONAL STORIES AND INFORMATION ON THE PROGRAMS AND SERVICES THAT WILL BE SUPPORTED THROUGH THIS YEAR'S DISTRIBUTION.
THE AL SIGL FOUNDATION IS CHARGED WITH RAISING FUNDS TO ADVANCE THE MISSION AND OBJECTIVES OF 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 |
|---|---|---|---|
Philip Andolina Chair Beginning 5/2020 | OfficerTrustee | 1 | $0 |
Matthew Parrilli Treasurer - Current | OfficerTrustee | 1 | $0 |
Elma Borcilo Board Member | OfficerTrustee | 1 | $0 |
Joseph Casion Vice Chair - Current | OfficerTrustee | 1 | $0 |
Roberta Langie Van Winkle Secretary | OfficerTrustee | 1 | $0 |
Thomas O'connor Al Sigl President | OfficerTrustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $132,857 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,197,841 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,330,698 |
| Total Program Service Revenue | $0 |
| Investment income | $441,332 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $932,899 |
| Net Income from Fundraising Events | $34,666 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,739,595 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,373,976 |
| 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 | $16,410 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $101,405 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,135 |
| 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 | $8,737 |
| All other expenses | $0 |
| Total functional expenses | $2,120,181 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,277,599 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $4,092,927 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $232,332 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,715 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $28,380,935 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,990,508 |
| Accounts payable and accrued expenses | $25,915 |
| 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 | $1,215,037 |
| Total liabilities | $1,240,952 |
| Net assets without donor restrictions | $5,596,040 |
| Net assets with donor restrictions | $29,153,516 |
| 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 | $35,990,508 |
Grants Awarded
Over the last fiscal year, Al Sigl Foundation Inc has awarded $1,373,976 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, NY PURPOSE: GRANT TO RELATED PARTY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $414,039 |
Rochester, NY PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $267,046 |
Rochester, NY PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $208,454 |
PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $107,571 |
Rochester, NY PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $102,111 |
Rochester, NY PURPOSE: GRANT TO AFFILIATE AGENCY TO ASSIST IN HUMAN SERVICE ACTIVITIES | $100,909 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Al Sigl Foundation Inc has recieved totaling $153,958.
| Awarding Organization | Amount |
|---|---|
Al Sigl Center For Rehabilitation Agencies Inc Rochester, NY PURPOSE: TO ASSIST RELATED PARTY | $71,860 |
United Way Of Greater Rochester And The Finger Lakes Inc Rochester, NY PURPOSE: CHARITABLE GIFT FUND | $63,400 |
Al Sigl Center For Rehabilitation Agencies Inc Rochester, NY PURPOSE: TO ASSIST RELATED PARTY | $18,698 |
Endowment Analysis
| Beg. Balance | $26,600,930 |
| Earnings | $4,069,158 |
| Net Contributions | $100,000 |
| Other Expense | $1,046,431 |
| Ending Balance | $29,723,657 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |