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Also known as: EDUCATION AND THE ARTS
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Sft Endowment For Technology Education & The Arts is a private corporation based in GARDEN CITY, NY. The foundation received its IRS ruling in 2001. The principal officer is Bessemer Trust. It holds total assets of $538K. Annual income is reported at $92K. The foundation is governed by 2 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 2020 to 2023. The foundation primarily funds organizations in California, Colorado and New York. According to available records, Sft Endowment For Technology Education & The Arts has made 35 grants totaling $217K, with a median grant of $5K. Annual giving has grown from $36K in 2020 to $50K in 2023. Grantmaking activity was highest in 2022 with $90K distributed across 14 grants. Individual grants have ranged from $4K to $10K, with an average award of $6K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in Colorado and California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$4K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$7K
Based on 7 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.
Sft Endowment For Technology Education & The Arts primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in CO, CA, NY.
Sft Endowment For Technology Education & The Arts has distributed a total of $217K across 35 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $4K to $10K.
Sft Endowment For Technology Education & The Arts typically selects its grantees rather than accepting unsolicited proposals.
Sft Endowment For Technology Education & The Arts is headquartered in GARDEN CITY, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Tobin | EXECUTIVE DIRECTOR | $0 | $0 | N/A |
| George Bianchi | SECRETARY | $0 | $0 | N/A |
Total Giving
$54K
Total Assets
$540K
Fair Market Value
$706K
Net Worth
$540K
Grants Paid
$50K
Contributions
N/A
Net Investment Income
$27K
Distribution Amount
$34K
Total Grants
35
Total Giving
$217K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
14
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Telluride ArtsOPERATIONAL | Telluride, CO | $10K | 2023 |
| Telluride Medical Center FoundationOPERATIONAL | Telluride, CO | $10K | 2023 |
| SunnysidefiveOPERATIONAL | Los Angeles, CA | $10K | 2023 |
| The Dawn Redwoods Charitable TrustOPERATIONAL | Tiburon, CA | $5K | 2023 |
| Telluride Avalance DogsOPERATIONAL | Telluride, CO | $5K | 2023 |
| Koto-FmEDUCATIONAL | Telluride, CO | $5K | 2023 |
| Telluride Emergency Medical Technician Association IncOPERATIONAL | Telluride, CO | $5K | 2023 |
| Telluride Science Research CenterOPERATIONAL | Telluride, CO | $10K | 2022 |
| Little Village FoundationOPERATIONAL | Solvang, CA | $6K | 2022 |
| Challenged Athletes FoundationOPERATIONAL | San Diego, CA | $5K | 2022 |
| Telluride FoundationOPERATIONAL | Telluride, CO | $10K | 2021 |
| Clare-MatrixOPERATIONAL | Santa Monica, CA | $7K | 2021 |
| Hearst Castle Preservation FoundationOPERATIONAL | New York, NY | $7K | 2020 |
| Metta InstituteOPERATIONAL | Sausalito, CA | $5K | 2020 |