Specialty Food Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 47-1358924
Organization Overview
Specialty Food Foundation is located in New York, NY. The organization was established in 2015. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Specialty Food 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 12/2022, Specialty Food Foundation generated $75.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $133.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (17.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Specialty Food Foundation has awarded 47 individual grants totaling $1,820,853. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FOUNDATION WORKS TO REDUCE HUNGER AND INCREASE FOOD RECOVERY EFFORTS VIA EDUCATION AND INDUSTRY EVENTS. THE GOAL OF THESE EVENTS IS TO INFLUENCE THE SPECIALTY FOOD INDUSTRY TO VOLUNTEER TIME AND DONATE PRODUCTS TO HELP LOCAL FOOD RECOVERY AND HUNGER RELIEF ORGANIZATIONS. THE FOUNDATION ALSO WORKS TO ENCOURAGE DONATION OF FOOD FROM EXHIBITORS AT THE WINTER AND SUMMER FANCY FOOD SHOWS. IN 2022, THE ORGANIZATION DISSOLVED THE ENTITY AND DISTRIBUTED THE ASSETS TO OTHER NONPROFITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nona Lim Director | 0.5 | $0 | |
Lisa Raiola Director | 0.5 | $0 | |
Jim Thaller Director | 0.5 | $0 | |
Sarah Wallace Director | 0.5 | $0 | |
Nora Weiser Chair | 0.5 | $0 | |
Matt Neilson Treasurer / Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $75,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,703 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $456 |
| Total expenses | $133,159 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Specialty Food Foundation has awarded $65,790 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY HARVEST INC PURPOSE: GENERAL SUPPORT | $6,505 |
FOOD RECOVERY NETWORK INC PURPOSE: GENERAL SUPPORT | $59,285 |