Ellen & Samuel Phelan Family Foundation Inc is located in Red Hook, NY. The organization was established in 2003. 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. Ellen & Samuel Phelan Family 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 12/2023, Ellen & Samuel Phelan Family Foundation Inc generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.2% each year . All expenses for the organization totaled $81.1k during the year ending 12/2023. While expenses have increased by 13.9% 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 2016, Ellen & Samuel Phelan Family Foundation Inc has awarded 334 individual grants totaling $324,541. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen C Phelan President/ Director | 1 | $0 | |
Samuel P Phelan Director | 1 | $0 | |
Michael J Del Vecchio Treasurer/secretary/director | 1 | $750 | |
Sally Phelan Del Vecchio Director | 1 | $0 | |
John C Phelan Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $1,029 |
Dividends & Interest | $40,154 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,979 |
Capital Gain Net Income | $7,979 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $49,162 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $750 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,818 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $6 |
Total operating and administrative expenses | $9,290 |
Contributions, gifts, grants paid | $71,805 |
Total expenses and disbursements | $81,095 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $125,913 |
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 | $476,690 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $1,217,124 |
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 |
Over the last fiscal year, Ellen & Samuel Phelan Family Foundation Inc has awarded $71,805 in support to 51 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN FOREST FOUNDATION PURPOSE: GENERAL PURPOSE | $50 |
AMERICAN LIVER FOUNDATIONRUN FOR RESEARCH PURPOSE: GENERAL PURPOSE | $500 |
ARTISTS ASSOCIATION OF NANTUCKET PURPOSE: GENERAL PURPOSE | $500 |
AMERICAN SOCIETY OF PLANT TAXONOMISTS PURPOSE: GENERAL PURPOSE | $500 |
BARD COLLEGE FISHER CENTER PURPOSE: GENERAL PURPOSE | $1,500 |
CATHOLIC DIOCESE OF ARLINGTON PURPOSE: GENERAL PURPOSE | $500 |