Henry Uihlein Ii & Mildred A Uihlein
- Assets
- $25.7m
- Revenue
- $1.2m
- Investments
- $18.1m
- Employees
- 0
- Location
- Lake Placid, NY
- Founding
- 03/1979
- Data as of
- 12/2021
- EIN
- 39-1322495
Organization Overview
Henry Uihlein Ii & Mildred A Uihlein is located in Lake Placid, NY. The organization was established in 1979. 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. Henry Uihlein Ii & Mildred A Uihlein 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 12/2021, Henry Uihlein Ii & Mildred A Uihlein generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 4 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 2020, Henry Uihlein Ii & Mildred A Uihlein has awarded 50 individual grants totaling $706,120. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION'S FOUNDER, HENRY UIHLEIN, DIRECTED THAT, IF POSSIBLE, HIS PROPERTY NOT BE TURNED INTO A COMMERCIAL OR RESIDENTIAL DEVELOPMENT. ACCORDINGLY, THE FOUNDATION HAS RENOVATED AND RESTORED HIS RATHER EXTENSIVE FARMHOUSE AND HOLDS IT AVAILABLE TO LOCAL NOT-FOR-PROFIT ORGANIZATIONS AS A VENUE FOR MEETINGS, SEMINARS, RETREATS, FUND-RAISERS AND THE LIKE. AN UPDATED (BUT NOT "COMMERCIAL") KITCHEN IS AVAILABLE ALONG WITH FIBER-SUPPORTED WI-FI. THE BUILDING USUALLY SEES ABOUT 3,000 VISITORS A YEAR. IN 2021, THE BUILDING REOPENED IN JUNE AND SAW ABOUT 1050 VISITORS DURING THE REMAINDER OF THE YEAR.
THE FOUNDATION HAS DEVELOPED ABOUT ELEVEN MILES OF WALKING/HIKING/CROSS-COUNTRY SKI TRAILS THAT ARE EXTENSIVELY USED YEAR-ROUND BY LOCAL RESIDENTS AND VISITORS. THE COVID LOCKDOWN SPURRED EVEN MORE USAGE. GUESSTIMATES PUT TOTAL USAGE OVER THE YEAR IN SIX FIGURES. HENRY'S WOODS LIES AT THE EASTERN END OF THE PROPERTY AND CONSISTS OF SEVERAL HEAVILY ENGINEERED TRIALS OF LIGHT TO MODERATE DIFFICULTY AND BREATH-TAKING VIEWS FROM LOOKOUTS HIGHER UP THE HILL. HEAVEN HILL TRAILS, INCLUDING OLD ORCHARD TRAIL, ARE LOCATED ON RELATIVELY FLAT TERRAIN AT THE WESTERN END OF THE PROPERTY. ALL TRAILS ARE WELL MARKED. RECENT ACQUISITION OF ADJACENT PROPERTY FORMERLY USED FOR POTATO RESEARCH HAS PROMPTED A HALT TO FURTHER TRAIL DEVELOPMENT PENDING THE COMPLETION OF A COMPREHENSIVE PLAN FOR THE TRAIL SYSTEM.
THE FOUNDATION HAS REFURBISHED THE SUGARHOUSE BUILT BY THE FOUNDER AND HAS HIRED AN EXPERT TO OVERSEE THE HARVEST OF MAPLE SAP FROM THE LARGE STAND OF MAPLE TREES (THE "SUGARBUSH") AND BOIL SYRUP WHILE RUNNING AN OUTREACH PROGRAM FOR STUDENTS AT LOCAL SCHOOLS AND THE PUBLIC. COVID HAS LIMITED IN-PERSON CONTACT, BUT THE 2021 SYRUP HARVEST WAS VERY GOOD AND RESULTED IN DONATIONS TO THE LAKE PLACID CENTRAL SCHOOL FOOD PROGRAM AND THE NORTH ELBA CHRISTMAS FUND (THE BALANCE WAS DISTRIBUTED DURING OUTREACH PROGRAMS DURING THE YEAR).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Mckenna Trustee | 13.75 | $78,000 | |
John D Leekley Jr Trustee, Chairperson | 6 | $68,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,561 |
| Dividends & Interest | $140,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,076,131 |
| Capital Gain Net Income | $1,076,131 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $326 |
| Total Revenue | $1,218,126 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $146,000 |
| Other employee salaries and wages | $144,267 |
| Pension plans, employee benefits | $12,438 |
| Interest | $0 |
| Taxes | $637 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $16,907 |
| Printing and publications | $0 |
| Other expenses | $251,581 |
| Total operating and administrative expenses | $676,705 |
| Contributions, gifts, grants paid | $430,246 |
| Total expenses and disbursements | $1,106,951 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $928,419 |
| 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 | $9,973,296 |
| Net Land, buildings, and equipment | $6,689,189 |
| Other assets | $0 |
| Total assets | $25,731,794 |
| 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, Henry Uihlein Ii & Mildred A Uihlein has awarded $430,246 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
Lake Placid, NY PURPOSE: GENERAL SUPPORT | $60,000 |
TOWN OF NORTH ELBA PURPOSE: GLOBAL SPORTS PROGRAM | $59,950 |
ADIRONDACK NORTH COUNTRY SPORTS COUNCIL PURPOSE: 2022 WORLD UNIVERSITY SPEED SKATING CHAMPIONSHIPS | $50,000 |
LAKE PLACID CENTER FOR THE ARTS PURPOSE: NEW LIGHTING | $40,000 |
LAKE PLACID ELEMENTARY SCHOOL PLAYGROUND PURPOSE: GENERAL SUPPORT | $25,000 |
Lake Placid, NY PURPOSE: WILDLIFE PROGRAMS | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |