Montauk Foundation is located in Canton, OH. The organization was established in 1984. 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. Montauk 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 09/2023, Montauk Foundation generated $96.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $235.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Montauk Foundation has awarded 128 individual grants totaling $1,383,000. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barbara C Timken Pres/ttee | 1 | $0 | |
Anna T Ingendahl Vp/ttee | 1 | $0 | |
Jonathan Crawford Sec/treas | 1 | $0 | |
Nicholas T Timken Vp/ttee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $61,858 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $35,025 |
Capital Gain Net Income | $35,025 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $96,883 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,176 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $12,494 |
Total operating and administrative expenses | $14,470 |
Contributions, gifts, grants paid | $221,000 |
Total expenses and disbursements | $235,470 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,113 |
Savings and temporary cash investments | $317,609 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $1,490 |
Total assets | $3,977,593 |
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 |
Over the last fiscal year, Montauk Foundation has awarded $221,000 in support to 27 organizations.
Grant Recipient | Amount |
---|---|
PHILLIPS ACADEMY PURPOSE: RESTRICTED GRANT - ABBOT ACADEMY FUND 50TH ANNIVERSARY REPORT AND FILM | $5,000 |
NEW ENGLAND SCIENCE AND SAILING FDN PURPOSE: RESTRICTED GRANT - LEGACY FUND 2022-2023 IN HONOR OF SPIKE LOBDELL | $10,000 |
PHILLIPS ACADEMY PURPOSE: ABBOT ACADEMY FUND 50TH ANNIVERSARY IMPACT REPORT AND FILM | $25,000 |
PHILLIPS ACADEMY PURPOSE: RESTRICTED GRANT - ANDOVER BREAD LOAF LAWRENCE HIGH SCHOOL WRITING WORKSHOP | $6,000 |
PHILLIPS ACADEMY PURPOSE: RESTRICTED GRANT - ANDOVER BREAD LOAF PROGRAM USE | $4,000 |
LA GRUA FOUNDATION PURPOSE: 2022-2023 UNRESTRICTED GRANT | $10,000 |