Serviam Foundation Inc
- Assets
- $7.0m
- Revenue
- $1.5m
- Investments
- $5.7m
- Employees
- 0
- Location
- Saddle River, NJ
- Founding
- 05/2014
- Data as of
- 06/2022
- EIN
- 46-3877411
Organization Overview
Serviam Foundation Inc is located in Saddle River, NJ. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Serviam 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 06/2022, Serviam Foundation Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Serviam Foundation Inc has awarded 82 individual grants totaling $1,524,450. 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 |
|---|---|---|---|
Richard G Taylor Jr Trustee | 1 | $0 | |
Aleta E Taylor Trustee | 1 | $0 | |
Brian Taylor Trustee | 1 | $0 | |
Jill Schneider Trustee | 1 | $0 | |
Christine Wefers Trustee | 1 | $0 | |
Teri Taylor Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $799,551 |
| Interest on Savings | $140 |
| Dividends & Interest | $73,066 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $606,359 |
| Capital Gain Net Income | $1,371,843 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,479,116 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75,094 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,130 |
| Total operating and administrative expenses | $106,138 |
| Contributions, gifts, grants paid | $2,000,000 |
| Total expenses and disbursements | $2,106,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,362,133 |
| 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 | $65,307 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,024,929 |
| 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, Serviam Foundation Inc has awarded $639,150 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY NAME MEDICAL CENTER FOUNDATION PURPOSE: GENERAL CHARITABLE | $550,000 |
SAINT JOSEPH BY THE SEA PURPOSE: TO SUPPORT CHURCH | $25,000 |
SALESIAN SISTERS PURPOSE: GENERAL CHARITABLE | $17,000 |
OASIS PURPOSE: SUPPORT FOR WOMEN AND CHILDREN IN NEED. | $11,000 |
Englewood, NJ PURPOSE: TO SUPPORT PERFORMING ART STUDENTS | $10,000 |
EVA'S VILLAGE PURPOSE: SUPPORT ANTI POVERTY NON PROFIT | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |
Rosenkranz Foundation Inc New York, NY | $20,933,111 | $6,809,267 |
Llewellyn Family Foundation New York, NY | $59,134,047 | $5,278,479 |
Multiplying Good Inc New York, NY | $3,981,550 | $5,192,295 |
Otzar Hachesed Foundation Trust Lawrence, NY | $1,994 | $3,213,357 |