Form 990 for tax year 2023

Totals

Total revenue

$673,002

Total expenses

$928,844

Contributions and grants received

$646,821

Grants paid

$902,032

Program service revenue

$0

Investment income

$9,336

Other revenue

$16,845

Total assets, end of year

$432,135

Total liabilities, end of year

$21,118

Net assets or fund balances, end of year

$411,017

Program services expenses (Part IX)

$925,794

Management and general expenses

$3,050

Fundraising expenses

$0

Program service expenses (Part III)

$925,794

Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• ROOM RENOVATIONS - THE FOUNDATION RENOVATES ROOMS IN THE FACILITIES OF NONPROFIT ORGANIZATIONS THAT BENEFIT CHILDREN IN NEED.

  Expenses $14,770

• GRANTS GIVEN TO CHARITABLE ORGANIZATIONS - THE FOUNDATION GIVES GRANTS TO LOCAL AREA 501(C)(3) CHARITABLE ORGANIZATIONS TO BENEFIT LOCAL AREA ADULTS AND CHILDREN WITH PHYSICAL, EMOTIONAL AND FINANCIAL NEEDS.

  Expenses $631,269 · Grants $631,269

• HOLIDAY SHARE - DURING THE HOLIDAYS, THE FOUNDATION RECEIVES WISH LISTS FOR FAMILIES IN NEED FROM LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS AND SOCIAL SERVICE OFFICES. FOUNDATION VOLUNTEERS SHOP (WITHIN AN APPROVED BUDGET) FOR THESE FAMILIES AND PROVIDE THEM WITH THE ITEMS ON THEIR WISH LISTS. THE FOUNDATION ALSO PROVIDES WINTER COATS, HATS, GLOVES AND SCARVES TO LOCAL 501(C)(3) CHARITABLE ORGANIZATIONS TO DISTRIBUTE TO FAMILIES IN NEED. IN 2022 NINETY-FIVE ORGANIZATIONS WERE PROVIDED ITEMS, WHICH BENEFITED 5,000 INDIVIDUALS IN THE CAPITAL REGION.

  Expenses $270,763 · Grants $270,763

• RAFFLES AND CHARITY DINNERS.

  Expenses $8,992

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• BIG BROTHERS BIG SISTERS OF THE CAPITAL REGION NY

  $50,000

  COMMUNITY SUPPORT

• FOOD PANTRIES FOR THE CAPITAL DISTRICT

  $50,000

  COMMUNITY SUPPORT

• UPSTATE FOUNDATION INC

  $50,000

  COMMUNITY SUPPORT

• ALBANY MEDICAL CENTER FOUNDATION

  $30,000

  COMMUNITY SUPPORT

• BOYS AND GIRLS CLUB OF THE CAPITAL AREA

  $30,000

  COMMUNITY SUPPORT

• SPECIAL OLYMPICS NEW YORK

  $25,000

  COMMUNITY SUPPORT

• AMERICAN CANCER SOCIETY

  $23,720

  COMMUNITY SUPPORT

• MOM STARTS HERE

  $20,000

  COMMUNITY SUPPORT

• HICKSSTRONG INC

  $13,000

  COMMUNITY SUPPORT

• SLEEP IN HEAVENLY PEACE INC

  $12,500

  COMMUNITY SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• BROADVIEW FCU FORMERLY SEFCU

  501(C)(1) · CREDIT UNION · NY

Provenance

Return type

form_990

Tax year

2023

Filed

28 October 2024

IRS schema version

2023v5.1

Source object

202443029349301569

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.