The Shs Foundation
- Assets
- $35.0m
- Revenue
- $17.3m
- Investments
- $31.9m
- Employees
- 0
- Location
- Plainview, NY
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 25-6819008
Organization Overview
The Shs Foundation is located in Plainview, NY. The organization was established in 2003. 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. Shs 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 12/2022, Shs Foundation generated $17.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 69.8% each year . All expenses for the organization totaled $5.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Shs Foundation has awarded 186 individual grants totaling $12,338,200. 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 |
|---|---|---|---|
Richard E Feldman Manager | 35 | $300,000 | |
Luis Miguel Rodriguez Villa Director | 0 | $0 | |
Sara Throne Secretary & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,050,806 |
| Interest on Savings | $48,074 |
| Dividends & Interest | $371,456 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,846,301 |
| Capital Gain Net Income | $6,846,301 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,726 |
| Total Revenue | $17,337,363 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $300,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71,119 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $112,905 |
| Total operating and administrative expenses | $499,024 |
| Contributions, gifts, grants paid | $5,170,000 |
| Total expenses and disbursements | $5,669,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,150,594 |
| 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 | $3,931,528 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $35,036,579 |
| 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, The Shs Foundation has awarded $5,170,000 in support to 66 organizations.
| Grant Recipient | Amount |
|---|---|
A CLOSER LOOK PURPOSE: THE ARTS | $15,000 |
ABRAHAM IN MOTION PURPOSE: THE ARTS | $100,000 |
ALVIN ALLEY DANCE THEATER PURPOSE: THE ARTS | $140,000 |
AMERICAN ASSOCIATION OF THE ROYAL NATIONAL THEATRE PURPOSE: THE ARTS | $15,000 |
AMERICAN BALLET THEATER PURPOSE: THE ARTS | $10,000 |
AMERICAN DANCE FESTIVAL PURPOSE: THE ARTS | $400,000 |