Eddy Foundation
- Assets
- $2.9m
- Revenue
- $59.0k
- Investments
- $480.8k
- Employees
- 0
- Location
- Essex, NY
- Founding
- 09/1996
- Data as of
- 12/2022
- EIN
- 33-0721979
Organization Overview
Eddy Foundation is located in Essex, NY. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Eddy 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, Eddy Foundation generated $59.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $78.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Eddy Foundation has awarded 62 individual grants totaling $121,750. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO ENVIRONMENTAL AND EDUCATIONAL CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Philips President | 5 | $0 | |
John Davis Vice President | 1 | $0 | |
Chris Maron Treasurer | 1 | $0 | |
Jennifer Esser Secretary | 1 | $0 | |
Joan Maloof Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500 |
| Interest on Savings | $7,796 |
| Dividends & Interest | $1,031 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $48,441 |
| Capital Gain Net Income | $48,441 |
| Net ST Capital Gain | $48,441 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,200 |
| Total Revenue | $58,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,819 |
| Depreciation | $20,862 |
| Occupancy | $1,800 |
| Travel, conferences, and meetings | $6,250 |
| Printing and publications | $25 |
| Other expenses | $18,563 |
| Total operating and administrative expenses | $76,281 |
| Contributions, gifts, grants paid | $2,500 |
| Total expenses and disbursements | $78,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $353,456 |
| 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 | $1,544 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $480,834 |
| Net Land, buildings, and equipment | $2,069,375 |
| Other assets | $0 |
| Total assets | $2,905,209 |
| 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, Eddy Foundation has awarded $2,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LAKESIDE PRESCHOOL PURPOSE: EDUCATION | $2,000 |
FALLBROOK LAND CONSERVANCY PURPOSE: ENVIRONMENTAL | $500 |