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Higley Foundation Inc. is a private corporation based in NORWICH, NY. The foundation received its IRS ruling in 2003. The principal officer is Sterling F Higley. It holds total assets of $19.5M. Annual income is reported at $3.9M. Total assets have grown from $171K in 2011 to $19.2M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Higley Foundation Inc. has made 54 grants totaling $3.8M, with a median grant of $25K. Annual giving has grown from $812K in 2020 to $1.1M in 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 30 grants. Individual grants have ranged from $2K to $575K, with an average award of $70K. The foundation has supported 22 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$64K
Average Grant
$89K
Largest Grant
$350K
Based on 14 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Higley Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 54 grants. Its grantmaking reaches organizations primarily in NY.
Higley Foundation Inc. has distributed a total of $3.8M across 54 grants. The median grant size is $25K, with an average of $70K. Individual grants have ranged from $2K to $575K.
Higley Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Higley Foundation Inc. is headquartered in NORWICH, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard M Runyon | President & CEO | $89K | $0 | $89K |
| Jessica C Thompson | Secretary | $20K | $0 | $20K |
| Roy E Fuller | Treasurer | $16K | $0 | $16K |
Total Giving
$1.3M
Total Assets
$19.2M
Fair Market Value
$20M
Net Worth
$19.2M
Grants Paid
$1.1M
Contributions
N/A
Net Investment Income
$475K
Distribution Amount
$944K
Total: $16.4M
Total Grants
54
Total Giving
$3.8M
Average Grant
$70K
Median Grant
$25K
Unique Recipients
22
Most Common Grant
$7K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Norwich Building Tomorrow FoundatioRENOVATIONS SOUTH BROAD PARK & CURB APPEAL PROGRAM | Norwich, NY | $575K | 2023 |
| Improve Norwich NowOPERATIONS | Norwich, NY | $249K | 2023 |
| Impact ProjectMATERIALS- OPERATIONS | Greene, NY | $90K | 2023 |
| All Animals MatterANIMAL CARE AND OPERATIONS | Oxford, NY | $30K | 2023 |
| Catholic Charities Of CnyFOOD PANTRY | Norwich, NY | $24K | 2023 |
| The PlaceWINDOWS | Norwich, NY | $23K | 2023 |
| AchieveFIRE SUPPRESSION SYSTEM | Vestal, NY | $20K | 2023 |
| Chenango County Blues SocietyMUSIC FESTIVAL CONCERTS IN THE PARK | Norwich, NY | $18K | 2023 |
| Chenango County Historical SocietyHOMETOWN HERO PROGRAM | Norwich, NY | $17K | 2023 |
| Chenango SpcaWATER PUMP AND OPERATIONS | Norwich, NY | $9K | 2023 |
| Friends Of The Museum DistrictMUSEUMS AND MORE CELEBRATION | Norwich, NY | $9K | 2023 |
| ColorscapeART FESTIVAL | Norwich, NY | $7K | 2023 |
| Smyrna United Methodist ChurchFOOD PANTRY | Smyrna, NY | $6K | 2023 |
| Northeast Classic Car MuseumRENOVATIONS | Norwich, NY | $200K | 2022 |
| Canasawacta Free Methodist ChurchHVAC RENOVATIONS | Norwich, NY | $26K | 2022 |
| Toys For TotsPURCHASE TOYS | New Berlin, NY | $9K | 2022 |
| Norwich Business Improvement DistriCOUNCIL OF ARTS CONCERT | Norwich, NY | $7K | 2022 |
| Our Daily Bread Food ClosetRENOVATIONS | Norwich, NY | $5K | 2022 |
| Hospice Of Chenango CountySTAFF HIRING | Norwich, NY | $105K | 2020 |
| Chenango County Ag SocietyNEW RV SITES | Norwich, NY | $40K | 2020 |