Three Sisters Foundation
- Assets
- $77.9m
- Revenue
- $12.9m
- Investments
- $76.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 90-0914803
Organization Overview
Three Sisters Foundation is located in Wilmington, DE. The organization was established in 2014. 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. Three Sisters 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 12/2023, Three Sisters Foundation generated $12.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $12.4m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Three Sisters Foundation has awarded 57 individual grants totaling $24,711,500. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rockefeller Trust Company Administrative Trustee | 2 | $10,000 | |
Charles Pohl Co Rockefeller Trust Trustee | 2 | $0 | |
Eve Niquette Co Rockefeller Trust Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $777,637 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,141,722 |
| Capital Gain Net Income | $12,275,216 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33 |
| Total Revenue | $12,919,392 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $360,153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $379,371 |
| Contributions, gifts, grants paid | $12,000,000 |
| Total expenses and disbursements | $12,379,371 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,213,476 |
| 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 | $77,923,494 |
| 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, Three Sisters Foundation has awarded $12,000,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BREAKTHROUGH COLLABORATIVE PURPOSE: UNRESTRICTED | $150,000 |
HAMILTON COLLEGE PURPOSE: URESTRICTED | $125,000 |
INTERNATIONAL RESCUE COMMITTEE PURPOSE: UNRESTRICTED | $1,000,000 |
MASSACHUSETTS GENERAL HOSPITAL PURPOSE: UNRESTRICTED | $10,000,000 |
STANFORD INSTITUTE FOR ECONOMIC POLICY RESEARCH PURPOSE: UNRESTRICTED | $25,000 |
UNIVERSITY OF CHICAGO PURPOSE: UNRESTRICTED | $500,000 |