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Also known as: FOUNDATION
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The Sandler Oneill Assistance Foundation is a private corporation based in CEDAR KNOLLS, NJ. The foundation received its IRS ruling in 2014. The principal officer is Andrew Armstrong. It holds total assets of $3.9M. Annual income is reported at $204K. Total assets have decreased from $11.9M in 2011 to $5.4M in 2023. The foundation is governed by 3 officers and trustees. Foundation paid for tuition and related expenses for the family members of the victims of september 11, 2001 attacks. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in New Jersey and New York. According to available records, The Sandler Oneill Assistance Foundation has made 51 grants totaling $2.7M, with a median grant of $61K. Annual giving has decreased from $846K in 2020 to $150K in 2023. Grantmaking activity was highest in 2022 with $874K distributed across 14 grants. Individual grants have ranged from $300 to $106K, with an average award of $54K. The foundation has supported 21 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Connecticut, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$770
Median Grant
$34K
Average Grant
$42K
Largest Grant
$101K
Based on 20 grants from the most recent 990-PF filing.
Foundation paid for tuition and related expenses for the family members of the victims of september 11, 2001 attacks.
Expenses: $437K
Foundation paid for tuition and related expenses for the family members of the victims of september 11, 2001 attacks. Based on available records, the foundation has funded 51 grants. Its grantmaking reaches organizations primarily in NY, NJ, CT.
The Sandler Oneill Assistance Foundation has distributed a total of $2.7M across 51 grants. The median grant size is $61K, with an average of $54K. Individual grants have ranged from $300 to $106K.
The Sandler Oneill Assistance Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Sandler Oneill Assistance Foundation is headquartered in CEDAR KNOLLS, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrew J Armstrong Jr | PRESIDENT | $0 | $0 | N/A |
| Timothy P Neher | SECRETARY | $0 | $0 | N/A |
| Charles H Witmer | TREASURER | $0 | $0 | N/A |
Total Giving
$157K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5.4M
Grants Paid
$150K
Contributions
N/A
Net Investment Income
$245K
Distribution Amount
$260K
Total Grants
51
Total Giving
$2.7M
Average Grant
$54K
Median Grant
$61K
Unique Recipients
21
Most Common Grant
$73K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| John WrightTUITION, ROOM & BOARD | Ridgewood, NY | $76K | 2023 |
| Thomas BrennanTUITION, ROOM & BOARD | Chappaqua, NY | $74K | 2023 |
| Charlotte SmithTUITION, ROOM & BOARD | Glen Ridge, NJ | $300 | 2023 |
| Katherine OrgielewiczTUITION, ROOM & BOARD | Larchmont, NY | $79K | 2022 |
| Whitney ClarkTUITION, ROOM & BOARD | Summit, NJ | $75K | 2022 |
| Caralyn FitzpatrickTUITION, ROOM & BOARD | Tuckahoe, NY | $49K | 2022 |
| Sarah ChairnoffTUITION, ROOM & BOARD | West Windsor, NJ | $4K | 2022 |
| Matthew ClarkTUITION, ROOM & BOARD | Summit, NJ | $99K | 2021 |
| Catherine BrennanTUITION, ROOM & BOARD | Chappaqua, NY | $66K | 2021 |
| Caroline CrottyTUITION, ROOM & BOARD | Rockville Center, NY | $58K | 2021 |
| Benjamin ChairnoffTUITION, ROOM & BOARD | West Windsor, NJ | $42K | 2021 |
| Fitzpatrick BrendanTUITION, ROOM & BOARD | Tuckahoe, NY | $35K | 2021 |
| Emma SimmonsTUITION, ROOM & BOARD | Ridgewood, NJ | $34K | 2021 |
| Smith MargaretTUITION, ROOM & BOARD | Glen Ridge, NJ | $30K | 2021 |
| Sean CrottyTUITION, ROOM & BOARD | Summit, NJ | $24K | 2021 |
| Wright RobertTUITION, ROOM & BOARD | Rockville Centre, NY | $101K | 2020 |
| Colin FarrellTUITION, ROOM & BOARD | Basking Ridge, NJ | $73K | 2020 |
| Olivia LozierTUITION, ROOM & BOARD | Rowayton, CT | $25K | 2020 |
| Wisniewski MatthewTUITION, ROOM & BOARD | Spring Lake, NJ | $20K | 2020 |
| John ConnorTUITION, ROOM & BOARD | Virginia Beach, VA | $11K | 2020 |