Stagg Family Foundation Inc is located in White Plains, NY. The organization was established in 2019. 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. Stagg 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 12/2022, Stagg Family Foundation Inc generated $323.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year.
Since 2020, Stagg Family Foundation Inc has awarded 74 individual grants totaling $476,231. 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
DONATIONS TO VARIOUS CHARITABLE ORGANIZATIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Stagg Director | 0 | $0 | |
Theresa Stagg Treasurer | 0 | $0 | |
Ryan Stagg Director | 0 | $0 | |
Tyler Stagg Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $1,400 |
Interest on Savings | $0 |
Dividends & Interest | $91,589 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $230,021 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $323,010 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $279 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $50,461 |
Contributions, gifts, grants paid | $264,500 |
Total expenses and disbursements | $314,961 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $4,496,185 |
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 | $4,496,185 |
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, Stagg Family Foundation Inc has awarded $264,500 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
914 LOCKOUT INC PURPOSE: DONATION | $1,000 |
AMERICAN CANCER SOCIETY PURPOSE: DONATION | $2,000 |
BLYTHEDALE CHILDREN'S HOSPITAL PURPOSE: DONATION | $5,000 |
BRONX CHAMBER OF COMMERCE FOUNDATIO PURPOSE: DONATION | $5,500 |
CAMP KESEM PURPOSE: DONATION | $500 |
FEEDING WESTCHESTER PURPOSE: DONATION | $5,000 |