Tomas Salsey Sullivan Foundation
- Assets
- $385.9k
- Revenue
- $26.9k
- Investments
- $383.8k
- Employees
- 0
- Location
- essex fells, NJ
- Founding
- 03/2000
- Data as of
- 02/2024
- EIN
- 22-3662688
Organization Overview
Tomas Salsey Sullivan Foundation is located in essex fells, NJ. The organization was established in 2000. 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. Tomas Salsey Sullivan Foundation 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 02/2024, Tomas Salsey Sullivan Foundation generated $26.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $48.7k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tomas Salsey Sullivan Foundation has awarded 67 individual grants totaling $324,500. 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.
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 |
|---|---|---|---|
Thomas J Sullivan Co-Trustee | 0 | $0 | |
Thomas J Sullivan Jr Co-Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,835 |
| Interest on Savings | $192 |
| Dividends & Interest | $14,374 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,548 |
| Capital Gain Net Income | $6,548 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,949 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $9,166 |
| Contributions, gifts, grants paid | $39,500 |
| Total expenses and disbursements | $48,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,160 |
| Savings and temporary cash investments | $0 |
| 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 | $315,634 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $385,917 |
| 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, Tomas Salsey Sullivan Foundation has awarded $39,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE PURPOSE: CHARITABLE | $5,000 |
PROVIDENCE COLLEGE PURPOSE: CHARITABLE | $9,000 |
ST PETER'S PREP PURPOSE: CHARITABLE | $2,000 |
MOUNT SAINT DOMINIC PURPOSE: CHARITABLE | $3,000 |
SCRANTON UNIVERSITY PURPOSE: CHARITABLE | $5,000 |
ORATORY PREP PURPOSE: CHARITABLE | $500 |