Starmar Foundation
- Assets
- $0.0
- Revenue
- $5.5k
- Investments
- $2.3m
- Employees
- 0
- Location
- Brookville, NY
- Founding
- 06/2012
- Data as of
- 12/2020
- EIN
- 27-4208964
Organization Overview
Starmar Foundation is located in Brookville, NY. The organization was established in 2012. 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. Starmar 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 12/2020, Starmar Foundation generated $5.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (48.8%) each year. All expenses for the organization totaled $488.0k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Finn Vice President | 0 | $0 | |
Bettina Finn President | 0 | $0 | |
Arden Finn Vice President | 0 | $0 | |
Steven Finn Treasurer | 0 | $0 | |
Marissa Finn Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $57,719 |
| Dividends & Interest | $43,132 |
| Profit on Inventory Sales | $0 |
| Other Income | $40,633 |
| Total Revenue | $5,476 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $76,993 |
| Contributions, gifts, grants paid | $411,049 |
| Total expenses and disbursements | $488,042 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,252 |
| Investments—mortgage loans | $0 |
| Investments—other | $844,470 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $500 |
Grants Awarded
Over the last fiscal year, Starmar Foundation has awarded $357,382 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
NSLIJ HOSPITAL PURPOSE: GENERAL SUPPORT | $66,560 |
CITY KIDS FOUNDATION PURPOSE: GENERAL SUPPORT | $65,000 |
NSLIJ HOSPITAL PURPOSE: GENERAL SUPPORT | $50,000 |
Roslyn, NY PURPOSE: GENERAL SUPPORT | $50,000 |
VETRI FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |
CITY KIDS FOUNDATION PURPOSE: GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |