Shippy Foundation
- Assets
- $29.3m
- Revenue
- -$486.2k
- Investments
- $24.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2007
- Data as of
- 12/2023
- EIN
- 20-4083744
Organization Overview
Shippy Foundation is located in New York, NY. The organization was established in 2007. 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. Shippy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Shippy Foundation has awarded 649 individual grants totaling $18,771,027. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING OF COMMUNITY BASED FRONTLINE PROVIDERS AND CLINICAL STRATEGIES TO PROMOTE THE PARENT CHILD RELATIONSHIPS , CHILD DEVELOPMENT , MATERNAL WELL-BEING AND RESILIENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne L Peretz President/director | 1 | $0 | |
David L Farnsworth Chairman/director | 20 | $115,000 | |
Anne E Farnsworth Vice President/director | 1 | $0 | |
Jesse W Peretz Vice Pres/treasurer/direct | 1 | $0 | |
Evgenia S Peretz Vice Pres,secretary/direct | 1 | $0 | |
Anthony J Fasano Jr Assistant Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Clark Estates Inc | 12/30/17 | $256,000 |
Mott Philanthropic | 12/30/17 | $73,634 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $218,032 |
| Dividends & Interest | $12,002 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,869 |
| Capital Gain Net Income | $285,183 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$692,347 |
| Total Revenue | -$486,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,605 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $261,960 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,291 |
| Printing and publications | $0 |
| Other expenses | $401,941 |
| Total operating and administrative expenses | $759,426 |
| Contributions, gifts, grants paid | $2,008,835 |
| Total expenses and disbursements | $2,768,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,878,887 |
| 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 | $13,084,153 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,293,628 |
| 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, Shippy Foundation has awarded $2,008,835 in support to 83 organizations.
| Grant Recipient | Amount |
|---|---|
A CALL TO MEN PURPOSE: GENERAL SUPPORT | $40,000 |
ALI FORNEY CENTER PURPOSE: GENERAL SUPPORT | $65,000 |
ALLIANCE FOR GLOBAL JUSTICE PURPOSE: ASSATA'S DAUGHTERS | $2,000 |
ARLINGTON BOYS AND GIRLS CLUB PURPOSE: GENERAL SUPPORT | $2,000 |
BANK STREET COLLEGE OF EDUCATION PURPOSE: GENERAL SUPPORT | $25,000 |
BLACK ENSEMBLE THEATER PURPOSE: GENERAL SUPPORT | $2,000 |