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Also known as: HARBOR IN THE CITY OF NEW YORK
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Trustees Of The Sailors Snug Harbor In The City Of New York is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1957. The principal officer is Jay Brooks. It holds total assets of $65.3M. Annual income is reported at $34.2M. Total assets have grown from $37.3M in 2011 to $65.3M in 2024. The foundation is governed by 7 officers and trustees. The trustees of the sailors' snug harbor in the city of new york provides financial assistance and support services to eligible retired and/or incapacitated mariners. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Trustees Of The Sailors Snug Harbor In The City Of New York has made 3 grants totaling $5.2M, with a median grant of $1.7M. Annual giving has grown from $1.8M in 2021 to $3.4M in 2022. Individual grants have ranged from $1.7M to $1.8M, with an average award of $1.7M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
The trustees of the sailors' snug harbor in the city of new york provides financial assistance and support services to eligible retired and/or incapacitated mariners.
Expenses: $1.5M
The trustees of the sailors' snug harbor in the city of new york provides financial assistance and support services to eligible retired and/or incapacitated mariners. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Trustees Of The Sailors Snug Harbor In The City Of New York has distributed a total of $5.2M across 3 grants. The median grant size is $1.7M, with an average of $1.7M. Individual grants have ranged from $1.7M to $1.8M.
Trustees Of The Sailors Snug Harbor In The City Of New York typically selects its grantees rather than accepting unsolicited proposals.
Trustees Of The Sailors Snug Harbor In The City Of New York is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Doug Kruse | TRUSTEE | $3K | $0 | $3K |
| Veronica M Sullivan | TRUSTEE | $3K | $0 | $3K |
| Captain James Mcnamara | TRUSTEE | $3K | $0 | $3K |
| Captain Steven Bendo | TRUSTEE, TREASURER | $2K | $0 | $2K |
| Captain Timothy J Ferrie | TRUSTEE, PRESIDENT | $2K | $0 | $2K |
| Rev Dr Greg Stovell | TRUSTEE, SECRETARY | $2K | $0 | $2K |
| Doug Stevenson | TRUSTEE AS OF 12/4/23 | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$65.3M
Fair Market Value
N/A
Net Worth
$64.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
3
Total Giving
$5.2M
Average Grant
$1.7M
Median Grant
$1.7M
Unique Recipients
1
Most Common Grant
$1.7M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| MarinersCHARITABLE PAYMENTS MADE FOR LIVING AND OTHER EXPENSES ON BEHALF OF QUALIFYING BENEFICIARIES | New York, NY | $1.7M | 2022 |