Anderson Foundation Inc
- Assets
- $3.0m
- Revenue
- $54.9k
- Investments
- $2.5m
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 05/1961
- Data as of
- 04/2023
- EIN
- 16-6024689
Organization Overview
Anderson Foundation Inc is located in Elmira, NY. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Anderson 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 04/2023, Anderson Foundation Inc generated $54.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $236.1k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Anderson Foundation Inc has awarded 191 individual grants totaling $1,638,890. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane G Joralemon President & | 0.5 | $0 | |
Paul Greenlee Jr Vpres & Trea | 0.5 | $0 | |
Aaron T Alsheimer Secretary & | 0.5 | $0 | |
Elizabeth T Dalrymple Trustee | 0.5 | $0 | |
Judith Mcintosh Trustee | 0.5 | $0 | |
Dr Michael A Doherty Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,358 |
| Dividends & Interest | $76,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$34,943 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,078 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $35,528 |
| Contributions, gifts, grants paid | $200,605 |
| Total expenses and disbursements | $236,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $493,217 |
| 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 | $1,778,211 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,970,980 |
| 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 |
Grants Awarded
Over the last fiscal year, Anderson Foundation Inc has awarded $200,605 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
CHEMUNG COUNTY YOUTH BUREAU PURPOSE: SUMMER COHESION PROGRAM | $5,000 |
HIS HAVEN INC PURPOSE: OPERATING SUPORT & SUPPLIS FOR MEALS | $3,000 |
CASA OF THE SOUTHERN TIER INC PURPOSE: RECRUITING, TRAINING & SUPPORT | $2,000 |
CHEMUNG COUNTY CHILD CARE COUNCIL PURPOSE: GO CHEMUNG KIDS MARKETING MATERIALS | $10,000 |
TANGLEWOOD NATURE CENTER PURPOSE: GENERAL SUPPORT | $10,000 |
CHEMUNG COUNTY HISTORICAL SOCIETY PURPOSE: GENERAL SUPPORT | $6,000 |