The Uplands Center Foundation is located in Walton, NY. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Uplands Center 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 12/2023, Uplands Center Foundation generated $1.0m 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 (8.4%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENT 19:
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Will Rasmussen Cerf Trustee | 1 | $0 | |
Christopher David Cerf Trustee See Also Statement 13 | 25 | $84,500 | |
Nathan Rasmussen Cerf Trustee | 1 | $0 | |
Leah Rasmussen Cerf Trustee See Also Statement 13 | 4 | $15,600 | |
Ann Morrell Rasmussen Trustee See Also Statement 13 | 22 | $84,500 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Candyce Ricco | 12/30/22 | $65,787 |
Polsinelli Pc | 12/30/22 | $107,961 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $6,679 |
Interest on Savings | $0 |
Dividends & Interest | $792,799 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$88,000 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $301,819 |
Total Revenue | $1,013,297 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $184,600 |
Other employee salaries and wages | $228,814 |
Pension plans, employee benefits | $52,628 |
Interest | $0 |
Taxes | $10,000 |
Depreciation | $34,919 |
Occupancy | $0 |
Travel, conferences, and meetings | $56 |
Printing and publications | $0 |
Other expenses | $513,431 |
Total operating and administrative expenses | $1,128,590 |
Contributions, gifts, grants paid | $3,000 |
Total expenses and disbursements | $1,131,590 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $252,547 |
Savings and temporary cash investments | $623,199 |
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 | $308 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $8,995,262 |
Net Land, buildings, and equipment | $1,152,435 |
Other assets | $0 |
Total assets | $17,312,385 |
Accounts payable and accrued expenses | $21,116 |
Grants payable | $0 |
Deferred revenue | $27,934 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $49,050 |
Over the last fiscal year, The Uplands Center Foundation has awarded $13,379 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
PRINCETON AREA COMMUNITY FOUNDATION PURPOSE: TO CREATE PERMANENT CHARITABLE FUNDS TO MEET CHALLENGE OF CHANGING TIMES | $1,000 |
TREE SISTERS PURPOSE: TO FOCUS ON WOMEN AND TROPICAL REFORESTATION | $10,000 |
BB FARM SANCTUARY PURPOSE: TO LEARN ABOUT FARM ANIMAL ISSUES | $800 |
THE SHIFT NETWORK PURPOSE: TO OFFER POWERFUL EXPERIENCES THAT SUPPORT GROWTH & TRANSFORMATION | $394 |
THE CHOPRA FOUNDATION PURPOSE: FOR TIMELESS WIDSOM OF MEDITATION, YOGA & AYURVEDA | $35 |
OCEANA INC PURPOSE: TO PROTECT/RESTORE OCEANS | $1,150 |