The Sylvania Foundation
- Assets
- $3.9m
- Revenue
- $161.7k
- Investments
- $3.2m
- Employees
- 0
- Location
- Butler, PA
- Founding
- 01/1987
- Data as of
- 12/2023
- EIN
- 25-1529599
Organization Overview
The Sylvania Foundation is located in Butler, PA. The organization was established in 1987. 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. Sylvania 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 12/2023, Sylvania Foundation generated $161.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $211.2k during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 9 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN HABITAT FOR HORTICULTURAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie M Ference Conservator | 40 | $31,200 | |
Douglas Mckinney Conservator | 5 | $0 | |
Donald Rimer Conservator | 5 | $0 | |
Kent Shoemaker Conservator | 5 | $0 | |
Bernie Elder Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,711 |
| Dividends & Interest | $65,132 |
| Net Rental Income | $7,800 |
| Net Gain on Sale of Assets | $39,925 |
| Capital Gain Net Income | $39,925 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $44,168 |
| Total Revenue | $161,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,200 |
| Other employee salaries and wages | $26,113 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,011 |
| Depreciation | $12,732 |
| Occupancy | $23,143 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $71,910 |
| Total operating and administrative expenses | $192,096 |
| Contributions, gifts, grants paid | $19,150 |
| Total expenses and disbursements | $211,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,327 |
| Savings and temporary cash investments | $49,408 |
| 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 | $72,835 |
| Investments—other | $3,120,266 |
| Net Land, buildings, and equipment | $648,301 |
| Other assets | $25,007 |
| Total assets | $3,928,144 |
| Accounts payable and accrued expenses | $3,637 |
| 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 | $3,637 |
Grants Awarded
Over the last fiscal year, The Sylvania Foundation has awarded $19,150 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC CHARITIES DIOCESE OF PITTSBURGH PURPOSE: DONATION IN MEMORY OF RON SEEZOX | $500 |
WEST SUNBURY VOLUNTEER FIRE DEPT PURPOSE: DONATION | $500 |
GIRL SCOUT TROOP 52924 PURPOSE: DONATION FOR TROOP TRIP | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: DONATION IN MEMORY OF JOYCE COLLINS (RAY'S WIFE) | $50 |
GOLDEN TORNADO SCHOLASTIC FOUNDATION INC PURPOSE: DONATION FOR THE KIDS WEEKEND BACKPACK PROGRAM | $5,000 |
BUTLER COUNTY HUMANE SOCIETY PURPOSE: DONATION IN MEMORY OF AMBER SHOEMAKER THOMPSON | $100 |