Sy Syms Foundation A New Jersey Non Profit Corp is located in Fort Lee, NJ. The organization was established in 1986. 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. Sy Syms Foundation A New Jersey Non Profit Corp 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 04/2022, Sy Syms Foundation A New Jersey Non Profit Corp generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $3.8m during the year ending 04/2022. While expenses have increased by 8.8% per year over the past 4 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 2021, Sy Syms Foundation A New Jersey Non Profit Corp has awarded 109 individual grants totaling $6,608,500. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcy Syms Merns Trustee & President | 5 | $16,500 | |
Mark Freiberg Trustee & Treasurer | 5 | $16,500 | |
Lynn Tamarkin Syms Trustee | 1 | $16,500 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Ubs Fnancial Services Inc | 4/29/21 | $63,485 |
Bny Mellon | 4/29/21 | $149,637 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $252 |
Dividends & Interest | $957,829 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,113,863 |
Capital Gain Net Income | $4,113,863 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $5,071,944 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $49,500 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $38 |
Taxes | $49,809 |
Depreciation | $0 |
Occupancy | $4,116 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $16,408 |
Total operating and administrative expenses | $362,404 |
Contributions, gifts, grants paid | $3,413,680 |
Total expenses and disbursements | $3,776,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,808,893 |
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 | $410,000 |
Net Land, buildings, and equipment | $0 |
Other assets | $50,000 |
Total assets | $35,039,800 |
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 | $2,100 |
Total liabilities | $2,100 |
Over the last fiscal year, Sy Syms Foundation A New Jersey Non Profit Corp has awarded $3,413,680 in support to 51 organizations.
Grant Recipient | Amount |
---|---|
YESHIVA UNIVERSITY NEW YORK NY - SY SYMS BUSINESS SCHOOL PURPOSE: CHARITABLE EDUCATIONAL | $562,500 |
JDC PURPOSE: CHARITABLE COMMUNITY SERVICE | $300,000 |
MARKETPLACE FROM AMERICAN PUBLIC MEDIA LOS ANGELES CA PURPOSE: CHARITABLE ARTS MUSICAL GRANT | $225,000 |
New York, NY PURPOSE: CHARITABLE COMMUNITY SERVICE | $200,000 |
New York, NY PURPOSE: CHARITABLE ARTS MUSICAL GRANT | $200,000 |
Washington, DC PURPOSE: CHARITABLE ARTS MUSICAL GRANT | $150,000 |
Organization Name | Assets | Revenue |
---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |