Spray Foundation Inc
- Assets
- $14.3m
- Revenue
- $3.1m
- Investments
- $7.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 58-2219018
The information for Spray Foundation Inc is as of the organization's most recent filing in December 2019. This organization is located in New York, NY. It has been in existence for 23 years, following its founding in 1996.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Spray Foundation Inc's NTEE code is T22. The "T" tells us that the organization is classified along with Philanthropy, Voluntarism & Grantmaking Foundations. The "22" tells us that the organization is a Private Independent Foundation. The NTEE describes Private Independent Foundations as private foundations that make grants based on charitable endowments, usually from a single individual or family. They are generally focused primarily on grantmaking and do not actively seek public financial support.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Grant History
Our dataset has four years of grant history for the Spray Foundation Inc. In that time, they have awarded a total of 126 grants, with an average check size of $103,283. The organization has awarded grants in a variety of sectors, including Education (17), Human Services (17), and Arts, Culture & Humanities (7). Additionally, the organization most frequently awards grants in the states of Georgia (23), Kentucky (50), and New York (23).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay B Chadwick Treasurer | 5 | $0 | |
Laura S Kirk Secretary | 0.5 | $0 | |
Garrett Kirk Jr Director | 0.5 | $0 | |
Hazel M Nystrom Director | 0.1 | $0 | |
Christina K Kirk Director | 0.5 | $0 | |
Clay K Kirk President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,421,463 |
| Interest on Savings | $28 |
| Dividends & Interest | $777,610 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $874,103 |
| Capital Gain Net Income | $874,103 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,073,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $580 |
| Total operating and administrative expenses | $38,813 |
| Contributions, gifts, grants paid | $2,281,668 |
| Total expenses and disbursements | $2,320,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $410,276 |
| Savings and temporary cash investments | $3,914,824 |
| 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 | $2,896,340 |
| Total assets | $14,302,917 |
| 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, Spray Foundation Inc has awarded $2,281,668 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
THE HUNGER COALITION PURPOSE: MOBILE FOOD BANK | $500,000 |
Berwyn, PA PURPOSE: CAPITAL PROGRAM | $330,000 |
Lexington, KY PURPOSE: GENERAL MAINTENANCE OF PARK SPACE | $270,000 |
Stamford, CT PURPOSE: RESOURCES TO RECOVER PROGRAM | $260,000 |
Washington, DC PURPOSE: SUPPORT PROGRAMS AND POLICIES THAT HELP SAVE FARMLAND, FARMERS & THE ENVIRONMENT | $166,668 |
Atlanta, GA PURPOSE: GENERAL FUND | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spray Foundation Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
The Bierly-Boasberg Foundation Newton, MA PURPOSE: GENERAL DONATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |