Mancheski Foundation Inc
- Assets
- $23.4m
- Revenue
- $449.3k
- Investments
- $19.2m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-5810736
Organization Overview
Mancheski Foundation Inc is located in Garden City, NY. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Mancheski 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, Mancheski Foundation Inc generated $449.3k 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 (24.2%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mancheski Foundation Inc has awarded 219 individual grants totaling $8,431,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President, Director | 0 | $0 | |
Name Not Listed Director, Secretary,treasu | 4 | $187,500 | |
D N Paid To Collier Newberg Llp Co-Secretary | 4 | $187,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Collier Newberg Llp | 12/30/23 | $307,510 |
Bessemer Trust | 12/30/23 | $55,964 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $369,070 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,287 |
| Capital Gain Net Income | $22,287 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,989 |
| Total Revenue | $449,346 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $375,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,266 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $534 |
| Total operating and administrative expenses | $787,576 |
| Contributions, gifts, grants paid | $811,000 |
| Total expenses and disbursements | $1,598,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $500,547 |
| Net Accounts receivable | $10,609 |
| 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 | $655,656 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,700,875 |
| Total assets | $23,362,918 |
| 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, Mancheski Foundation Inc has awarded $811,000 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DISEASE AND RELATED DISORDER PURPOSE: OPERATIONAL | $10,000 |
CAPTIVA ISLAND HISTORICAL SOCIETY PURPOSE: GENERAL PURPOSE | $5,000 |
CLINICREHAB OF WILDLIFE PURPOSE: GENERAL PURPOSE | $5,000 |
DING DARLING WILDLFE SOCIETY INC PURPOSE: GENERAL PURPOSE | $5,000 |
DOCTORS WITHOUT BORDERS USA INC PURPOSE: GENERAL PURPOSE | $5,000 |
EARTHWORKS PURPOSE: GENERAL PURPOSE | $10,000 |