The Snider Foundation
- Assets
- $176.1m
- Revenue
- $25.5m
- Investments
- $170.9m
- Employees
- 0
- Location
- Bryn Mawr, PA
- Founding
- 01/1978
- Data as of
- 06/2021
- EIN
- 23-2047668
Organization Overview
The Snider Foundation is located in Bryn Mawr, PA. The organization was established in 1978. 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. Snider 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 06/2021, Snider Foundation generated $25.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $12.6m during the year ending 06/2021. While expenses have increased by 23.9% per year over the past 5 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 2016, Snider Foundation has awarded 913 individual grants totaling $46,797,022. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimon Sargeant Executive Director As Of Sep 2020 | 40 | $186,279 | |
Heather Stohler Program Director | 40 | $123,272 | |
Bernie Mcanena Operations Manager | 40 | $71,679 | |
Dana Saraco Grant Administrator | 40 | $64,455 | |
Lindy Snider Vice President | 5 | $0 | |
Jay Snider President | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Co Llc | 6/29/21 | $298,940 |
The Haverford Trust Company | 6/29/21 | $97,587 |
Hoplin Jackson Charitable Advisors Llc | 6/29/21 | $212,193 |
Permit Capital Advisors Llc | 6/29/21 | $227,052 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,531,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,129,643 |
| Capital Gain Net Income | $21,118,953 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $881,143 |
| Total Revenue | $25,542,404 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $186,279 |
| Other employee salaries and wages | $422,024 |
| Pension plans, employee benefits | $80,756 |
| Interest | $0 |
| Taxes | $366,285 |
| Depreciation | $0 |
| Occupancy | $52,550 |
| Travel, conferences, and meetings | $6,153 |
| Printing and publications | $0 |
| Other expenses | $72,686 |
| Total operating and administrative expenses | $2,137,174 |
| Contributions, gifts, grants paid | $10,481,035 |
| Total expenses and disbursements | $12,618,209 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,012 |
| Savings and temporary cash investments | $4,806,969 |
| 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 | $11,130 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,189,704 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,375 |
| Total assets | $176,073,113 |
| Accounts payable and accrued expenses | $201,198 |
| 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 | $201,198 |
Grants Awarded
Over the last fiscal year, The Snider Foundation has awarded $10,496,035 in support to 185 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION PURPOSE: SNIDER CENTER FOR ENTERPRISE AND MARKETS | $879,035 |
USC SHOAH FOUNDATION - THE INSTITUTE FOR VISUAL HISTORY AND EDUCATION PURPOSE: PLEDGE PAYMENT FOR IMMERSIVE AND INTERACTIVE TESTIMONY EXPERIENCES | $500,000 |
Arlington, VA PURPOSE: OPERATING SUPPORT | $495,000 |
New York, NY PURPOSE: OPERATING SUPPORT | $375,000 |
Harrisburg, PA PURPOSE: OPERATING SUPPORT | $360,000 |
Washington, DC PURPOSE: OPERATING SUPPORT | $350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Aurora Foundation Wilmington, DE | $762,186,529 | $34,829,057 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |
Pinkerton Foundation New York, NY | $0 | $34,479,499 |