Sharing Network Foundation Inc

Organization Overview

Sharing Network Foundation Inc is located in New Providence, NJ. The organization was established in 2006. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sharing Network 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, Sharing Network Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 4.2% per year over the past 7 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 2014, Sharing Network Foundation Inc has awarded 24 individual grants totaling $4,265,380. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION SUPPORTS AND PROMOTES THE DONATION OF ORGANS AND TISSUES FOR TRANSPLANTATION, THERAPY, RESEARCH AND EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES INCURRED IN CARRYING OUT THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE WHICH IS TO (1) SUPPORT AND PROMOTE THE DONATION OF ORGANS AND TISSUES FOR TRANSPLANTATION, THERAPY, RESEARCH AND EDUCATION, (2) FOSTER EDUCATION AND RESEARCH WITH RESPECT TO HUMAN ORGAN AND TISSUE DONATION AND (3) FOSTER PUBLIC SERVICE PROGRAMS AND THE EDUCATION OF THE PUBLIC ON THE IMPORTANCE AND BENEFITS OF ORGAN AND TISSUE DONATION. THE ORGANIZATION WAS ALSO FORMED TO BE AN INTEGRAL PART OF AND SUPPORT THE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF NJ ORGAN AND TISSUE SHARING NETWORK, INC.; AN ORGANIZATION RECOGNIZED BY THE IRS AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501 (C)(3). IN CONNECTION THEREWITH, THE ORGANIZATION WILL RAISE FUNDS FOR GRANTS TO NJ ORGAN AND TISSUE SHARING NETWORK OR TO OPERATE PROGRAMS THAT SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF NJ ORGAN AND TISSUE SHARING NETWORK, BASED ON REQUESTS OF NJ ORGAN AND TISSUE SHARING NETWORK. IN ADDITION, THE ORGANIZATION WILL SEEK OUT AND MAKE GRANTS TO INTERNAL REVENUE CODE SECTION 501 (C)(3) AND GOVERNMENTAL ORGANIZATIONS THAT SUPPORT AND PROMOTE ORGAN AND TISSUE DONATION IN THE STATE OF NEW JERSEY. THESE GRANTS ARE INTENDED TO REWARD THOSE ORGANIZATIONS THAT ARE CREATING OR OPERATING PROGRAMS THAT BEST PROMOTE AND SUPPORT SUCCESSFUL ORGAN AND TISSUE DONATION EFFORTS AND TO INDIRECTLY PROVIDE THOSE ORGANIZATIONS WITH PUBLIC ACKNOWLEDGMENT OF THEIR EFFORTS AND SUCCESS. FINALLY, THE ORGANIZATION WILL ALSO CONSIDER GRANTS TO LOCAL GROUPS WHO SUPPORT ORGAN AND TISSUE DONATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Evention Inc
Event Planning
$441,427
Restaurant Associates
Catering
$101,538
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$869,855
Related organizations$350,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$254,180
Noncash contributions included in lines 1a–1f $15,286
Total Revenue from Contributions, Gifts, Grants & Similar$1,474,035
Total Program Service Revenue$0
Investment income $1,563
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$787
Net Income from Fundraising Events $0
Net Income from Gaming Activities $9,890
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,484,701

Grants Awarded

Over the last fiscal year, Sharing Network Foundation Inc has awarded $142,068 in support to 2 organizations.

Grant RecipientAmount

NJ ORGAN AND TISSUE SHARING NETWORK

Org PageRecipient Profile

New Providence, NJ

PURPOSE: PROGRAM SUPPORT

$108,009

TRANSPLANT LIFE FOUNDATION

Org PageRecipient Profile

Grand Rapids, MI

PURPOSE: PROGRAM SUPPORT

$34,059
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Sharing Network Foundation Inc has recieved totaling $92,052.

Awarding OrganizationAmount
Hackensack Meridian Health Inc

Edison, NJ

PURPOSE: SPONSORSHIP SPONSORSHIP

$50,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: MEDICAL / PUBLIC SERVICES

$25,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$8,702
Valley Hospital Inc

Ridgewood, NJ

PURPOSE: GENERAL SUPPORT

$7,500
Pfizer Foundation Inc

New York, NY

PURPOSE: MATCHING GIFTS

$600
Lazard Foundation

New York, NY

PURPOSE: UNRESTRICTED

$150
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$679,927
Net Contributions$259,008
Ending Balance$938,935

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