Syncopation Foundation Tr
- Assets
- $6.9m
- Revenue
- $1.4m
- Investments
- $6.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 35-7158747
Organization Overview
Syncopation Foundation Tr is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Syncopation Foundation Tr 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, Syncopation Foundation Tr generated $1.4m in total revenue. All expenses for the organization totaled $498.1k during the year ending 12/2022. While expenses have increased by 40.0% per year over the past 5 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.
Since 2017, Syncopation Foundation Tr has awarded 65 individual grants totaling $1,370,818. 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 |
|---|---|---|---|
David Shainok Trustee | 0.5 | $0 | |
Diana D Wu Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,415,862 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,432,190 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $5,550 |
| Contributions, gifts, grants paid | $492,500 |
| Total expenses and disbursements | $498,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $312,585 |
| 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 | $6,546,556 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $465 |
| Total assets | $6,859,606 |
| 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, Syncopation Foundation Tr has awarded $492,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
MATH-M-ADDICTS PURPOSE: GENERAL USE | $5,000 |
IYENGAR YOGA ASSOCIATION PURPOSE: GENERAL USE | $2,000 |
HOSPITAL FOR SPECIAL SURGERY PURPOSE: GENERAL USE | $50,000 |
DONATION ISREAL PURPOSE: GENERAL USE | $20,000 |
DONATION ON FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: GENERAL USE | $15,000 |
ACCELERATE CHANGE PURPOSE: GENERAL USE | $50,000 |