Great Foundation
- Assets
- $966.0k
- Revenue
- $50.4k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2016
- Data as of
- 12/2021
- EIN
- 81-0894119
Organization Overview
Great Foundation is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Great 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 12/2021, Great Foundation generated $50.4k in total revenue.
Since 2017, Great Foundation has awarded 59 individual grants totaling $532,563. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENDITURES IN 2021 INCLUDE THE CREATIVE DIRECTION, CONCEPTING, STRATEGY, DEVELOPMENT, AND EXECUTION SERVICES FOR THE FESTIVAL OF URGENT REINVENTION, AS WELL AS CASH PRIZES AWARDED TO SELECTED PARTICIPANTS IN THE FESTIVAL. THE FESTIVAL OF URGENT REINVENTION WAS A TWO-DAY VIRTUAL INNOVATION CONTEST. EXPERTS IN FOUR DOMAINS LIVE-STREAMED KEYNOTE TALKS, CONCLUDING WITH CHALLENGE BRIEFS. PARTICIPANTS THEN HAD TWO DAYS TO SUBMIT SOLUTIONS IN RESPONSE TO THESE CHALLENGES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $402 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $50,000 |
| Total Revenue | $50,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,415 |
| Total operating and administrative expenses | $754,817 |
| Contributions, gifts, grants paid | $169,206 |
| Total expenses and disbursements | $924,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $966,030 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $966,030 |
| 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, Great Foundation has awarded $169,206 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GENERAL PURPOSE FUND | $100,000 |
LEARNING HOME VOLUNTEERS PURPOSE: GENERAL PURPOSE FUND | $15,000 |
New York, NY PURPOSE: GENERAL PURPOSE FUND | $15,000 |
Woodland Hills, CA PURPOSE: GENERAL PURPOSE FUND | $15,000 |
BIRTH IN COLOR PURPOSE: GENERAL PURPOSE FUND | $5,000 |
UVU CENTER FOR SOCIAL IMPACT PURPOSE: GENERAL PURPOSE FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |