Sunshine Foundation
- Assets
- $26.6m
- Revenue
- $3.4m
- Investments
- $26.1m
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 06/2003
- Data as of
- 12/2022
- EIN
- 56-6615926
Organization Overview
Sunshine Foundation is located in Woodbury, NY. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Sunshine 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, Sunshine Foundation generated $3.4m in total revenue. All expenses for the organization totaled $3.6m during the year ending 12/2022. While expenses have increased by 62.7% per year over the past 8 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 2014, Sunshine Foundation has awarded 634 individual grants totaling $11,263,670. 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
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Shalik Trustee | 15 | $140,000 | |
Stacy Parsell Executive Director, Philanthropy | 35 | $142,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,726,525 |
| Interest on Savings | $6 |
| Dividends & Interest | $1,116,863 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $530,462 |
| Capital Gain Net Income | $530,462 |
| Net ST Capital Gain | $530,462 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,373,856 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $282,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $4,050 |
| Interest | $0 |
| Taxes | $21,292 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,211 |
| Printing and publications | $0 |
| Other expenses | $155,919 |
| Total operating and administrative expenses | $489,646 |
| Contributions, gifts, grants paid | $3,074,250 |
| Total expenses and disbursements | $3,563,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1 |
| Savings and temporary cash investments | $439,177 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,200 |
| Total assets | $26,577,610 |
| 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 | $20,217 |
| Total liabilities | $20,217 |
Grants Awarded
Over the last fiscal year, Sunshine Foundation has awarded $3,074,250 in support to 132 organizations.
| Grant Recipient | Amount |
|---|---|
A CHANCE IN LIFE PURPOSE: FOOD AND FEEDING PROGRAMS | $7,500 |
AMERICAN CANCER SOCIETY PURPOSE: MEDICAL RESEARCH | $15,000 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: MENTAL HEALTH PROGRAMS AND SERVICES | $15,000 |
ALZHEIMERS FOUNDATION OF AMERICA PURPOSE: PROGRAMS AND SERVICES | $15,000 |
AMERICAN HUMANE ASSOCIATION PURPOSE: SERVICE ANIMAL TRAINING | $15,000 |
ASPCA PURPOSE: VETERINARY CARE | $12,500 |