Form 990 for tax year 2022

Totals

Total revenue

$40,953,921

Total expenses

$25,513,764

Contributions and grants received

$29,780,257

Grants paid

$24,276,147

Program service revenue

$0

Investment income

$11,173,664

Other revenue

$0

Total assets, end of year

$176,829,852

Total liabilities, end of year

$115,150

Net assets or fund balances, end of year

$176,714,702

Program services expenses (Part IX)

$24,276,147

Management and general expenses

$1,237,617

Fundraising expenses

$0

Program service expenses (Part III)

$24,276,147

Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

• NELSON SCHAENEN JR

  TRUSTEE

  Total calculated

  $0

  Hours/week

  0.3

• WENDELL L BRYCE

  TRUSTEE (PART YEAR)

  Total calculated

  $0

  Hours/week

  0.3

• DAVID C COSTINE

  TRUSTEE

  Total calculated

  $0

  Hours/week

  0.3

• TRACY CARY

  TRUSTEE

  Total calculated

  $0

  Hours/week

  0.3

• CARINE HAILS

  TRUSTEE

  Total calculated

  $0

  Hours/week

  0.3

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.

Grants on this return

• CORNELL UNIVERSITY

  $10,291,559

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• UNIVERSITY OF ROCHESTER

  $5,200,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• SARATOGA REGIONAL YMCA

  $2,000,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• MASSACHUSETTS GENERAL HOSPITAL

  $1,172,500

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• CHAMBER MUSIC SOCIETY OF LINCOLN CENTER

  $1,000,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• VANGUARD CHARITABLE

  $403,906

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• ELLIS HOSPITAL FOUNDATION

  $300,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• SARATOGA PERFORMING ARTS CENTER INC

  $250,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• SKIDMORE COLLEGE

  $202,500

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

• SARATOGA HOSPITAL FOUNDATION

  $200,000

  IN FURTHERANCE OF THE ORGANIZATION'S TAX EXEMPT MISSION

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.

• CORNELL UNIVERSITY

  501(C)(3) · UNIVERSITY · NY

Provenance

Return type

form_990

Tax year

2022

Filed

14 May 2024

IRS schema version

2022v5.0

Source object

202401359349304700

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

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