Northlight Foundation Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Northlight Foundation Inc 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, Northlight Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 58.0% each year . All expenses for the organization totaled $10.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Northlight Foundation Inc has awarded 202 individual grants totaling $57,536,850. 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
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel R Tishman Director | 2 | $0 | |
Sheryl C Tishman Director | 0.5 | $0 | |
Francis W Beck Director | 0.25 | $0 | |
Cara Weinrich Officer | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $2,000,000 |
Interest on Savings | $463,989 |
Dividends & Interest | $991,990 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$1,803,721 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | -$30,723 |
Total Revenue | $1,621,535 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $577,047 |
Pension plans, employee benefits | $55,370 |
Interest | $10,754 |
Taxes | $136,995 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $41,936 |
Printing and publications | $0 |
Other expenses | $1,399,641 |
Total operating and administrative expenses | $2,279,244 |
Contributions, gifts, grants paid | $8,360,352 |
Total expenses and disbursements | $10,639,596 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | -$5 |
Savings and temporary cash investments | $1,187,980 |
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 | $47,242,118 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $90,307,249 |
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 | $66,649 |
Total liabilities | $66,649 |
Over the last fiscal year, Northlight Foundation Inc has awarded $8,360,352 in support to 35 organizations.
Grant Recipient | Amount |
---|---|
AMALGAMATED FOUNDATION PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $3,850,380 |
FIDELITY DAF PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $385,000 |
NATIVE MOVEMENT PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $25,000 |
TIDES FOUNDATION PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $333,333 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $1,200 |
ALASKA CONSERVATION FOUNDATION PURPOSE: SUPPORT ORGANIZATION'S PROGRAMS & ACTIVITIES | $25,000 |