Cause IQ organization profile

John Simon Guggenheim Memorial Foundation

Form 990s | Financials | Vendors | Personnel | Peers

John Simon Guggenheim Memorial Foundation is a private foundation based in New York, NY that was founded in 1938. As of 2019 they had $39 million in revenue and $271 million in assets.

John Simon Guggenheim Memorial Foundation makes grants to other organizations, such as $45,000 to Ragamala Dance for "Choreography"; and $37,000 to Honor Flight of the Ozarks Christopher J Stark for "Music Composition".

EIN:

13-5673173

City:

New York

State:

New York

Metro:

New York-Newark-Jersey City, NY-NJ-PA

Website:

gf.org

Facebook:

facebook.com/GuggFellows

Twitter:

@guggfellows

Founded:

1938

Type:

501(c)(3)

NTEE:

T20: Private foundations

Revenue:

$39,551,154

Assets:

$271,725,430

Fiscal year end:

December

Revenue trends:

Asset trends:

Form 990s for John Simon Guggenheim Memorial Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2018-12	Jan 16, 2020	990PF	View PDF
2017-12	Feb 21, 2019	990PF	View PDF
2016-12	Jan 18, 2018	990PF	View PDF
2015-12	Apr 7, 2017	990PF	View PDF
2014-12	Feb 17, 2016	990PF	View PDF
...and three more Form 990 PDFs

Financials for John Simon Guggenheim Memorial Foundation

Field	2018	2017	% Change
Total grants, contributions, etc.	$1,246,188	$438,876	183.9%
Investment income and dividends	$1,977,119	$1,687,733	17.1%
Net rental income	$0	$0
Net gain from sale of non-inventory assets	$36,357,074	$6,690,295	443.4%
Gross sales of inventory	$0	$0
Miscellaneous revenues	$-29,227	$1,150,002	-102.5%
Total revenues	$39,551,154	$9,966,906	296.8%

Field	2018	2017	% Change
Compensation of current officers, etc.	$990,851	$958,250	3.4%
Non-officer salaries and wages	$1,091,181	$1,002,044	8.9%
Pension/retirement accruals and contributions	$118,428	$72,986	62.3%
Legal fees	$11,725	$392	2891.1%
Accounting fees	$53,832	$40,074	34.3%
Other fee-for-service	$578,435	$228,754	152.9%
Interest	$0	$0
Depreciation, amortization, etc.	$74,404	$74,404
Occupancy	$1,263,435	$1,256,575	0.5%
Travel	$237,398	$206,057	15.2%
Office expenses
Grants to all govts., orgs., and individuals	$9,019,000	$8,940,000	0.9%
All other expenses	$2,431,719	$2,157,679	12.7%
Total expenses	$15,870,408	$14,940,620	6.2%

Field	2018	2017	% Change
Cash (non-interest-bearing)	$800	$800
Savings, short-term investments, etc.	$792,932	$268,599	195.2%
Accounts receivable	$21,131	$163,123	-87.0%
Pledges and grants receivable	$206,683	$263,082	-21.4%
Loans receivable from officers, directors, etc.	$0	$0
Notes and loans receivable	$0	$0
Inventories for use	$0	$0
Prepaid expenses and deferred charges	$0	$106,552	-100%
Investments in government obligations	$0	$0
Investments in corporate stock	$1,402	$17,892,109	-100.0%
Investments in corporate bonds	$0	$0
Investments in land, buildings, and equipment	$0	$0
Investments in mortgage loans	$0	$0
Other types of investments	$254,837,299	$271,164,158	-6.0%
Buildings, equipment, etc. post-depreciation	$579,987	$636,391	-8.9%
Other assets	$15,306,327	$507,018	2918.9%
Total assets	$271,725,430	$290,838,709	-6.6%

Field	2018	2017	% Change
Accounts payable and accrued expenses	$509,418	$378,898	34.4%
Grants payable	$5,617,500	$5,786,500	-2.9%
Deferred revenue	$0	$0
Loans payable to officers and disqualified persons	$0	$0
Secured mortgages and notes payable to unrelated third parties	$0	$0
Other liabilities	$8,290,785	$8,753,220	-5.3%
Total liabilities	$14,417,703	$14,918,618	-3.4%

Field	2018	2017	% Change
Unrestricted net assets	$256,951,224	$275,763,588	-6.8%
Temporarily restricted net assets	$356,503	$156,503	127.8%
Permanently restricted net assets	$0	$0

Vendors for John Simon Guggenheim Memorial Foundation

Vendor	Services	Amount paid	Date
WordPress	Content management system software		2020-06-16
████ ███ ████ ████ ███	Tax accounting		2019-01-30
████████ ███████ ███	It Services Consulting	$204,000	2017-12-01
███████ ███	It Systems Consulting	$56,100	2017-12-01
█████████ ██████	Investment Management	$109,369	2017-12-01
████████ ██ ███████████ ███	Actuarial services		2016-12-31

Personnel at John Simon Guggenheim Memorial Foundation

Name	Title	Compensation	Most recent data
Marcus Diamond	Chief Advancement of	$245,000	Dec. 31, 2017
Edward Hirsch	President and Trustee	$508,750	June 22, 2019
█████ █████	Program Manager	$87,833	Dec. 31, 2017
███████ ████████	Assistant Treasurer and Assistant	$78,500	Dec. 31, 2017
█████ █████	Office Manager	$75,333	Dec. 31, 2017
█████ █ █████	C.f.o and Treasurer	$180,000	Dec. 31, 2017
█████ ███████	Vice President and Secretary	$269,500	Dec. 31, 2017
███████ █ █████████████	Past V.P , C.f.o and Treasurer	$251,000	Dec. 31, 2014

Peer private foundations

	Name	Type	Revenue	Location
1	Annie E Casey Foundation (AECF)	501(c)(3)	$152 million	Baltimore, MD
2	John A. Hartford Foundation	501(c)(3)	$21 million	New York, NY
3	The McConnell Foundation	501(c)(3)	$34 million	Redding, CA
4	Dean and Margaret Lesher Foundation	501(c)(3)	$11 million	Walnut Creek, CA
5	John R Oishei Foundation	501(c)(3)	$10 million	Buffalo, NY
6	Heckscher Foundation for Children	501(c)(3)	$16 million	New York, NY
7	Mertz Gilmore Foundation	501(c)(3)	$24 million	New York, NY
8	The Clark Foundation	501(c)(3)	$37 million	New York, NY
9	Angel Family Foundation	501(c)(3)	$25 million	Albany, NY
10	The Wallace Foundation	501(c)(3)	$86 million	New York, NY
11	Fan Fox and Leslie R Samuels Foundation	501(c)(3)	$13 million	New York, NY
12	Triad Foundation	501(c)(3)	$20 million	Ithaca, NY
13	Altman Foundation	501(c)(3)	$22 million	New York, NY
14	Mulago Foundation	501(c)(3)	$35 million	New York, NY
15	The Nathan Cummings Foundation	501(c)(3)	$13 million	New York, NY
16	The Laurie M. Tisch Foundation	501(c)(3)	$56 million	New York, NY
17	Dyson Foundation	501(c)(3)	$11 million	Millbrook, NY
18	Max and Marian Farash Charitable Foundation	501(c)(3)	$20 million	Rochester, NY
19	Surdna Foundation	501(c)(3)	$81 million	New York, NY
20	Margaret L. Wendt Foundation	501(c)(3)	$15 million	Buffalo, NY
21	Poses Family Foundation	501(c)(3)	$43 million	New York, NY
22	Andy Warhol Foundation for the Visual Arts	501(c)(3)	$17 million	New York, NY
23	Patrick P Lee Foundation	501(c)(3)	$17 million	Williamsville, NY
24	Alan B. Slifka Foundation	501(c)(3)	$20 million	New York, NY
25	The Easton Foundation	501(c)(3)	$10 million	New York, NY

Also explore

Want more details?

Just create a free account! You're in good company, too. Cause IQ users include leading nonprofit, professional services, and technology professionals.

Create free account to learn more about John Simon Guggenheim Memorial Foundation.

What is Cause IQ?

Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients.

For example, our data and tools help companies prospect for private foundations, qualify inbound opportunities like John Simon Guggenheim Memorial Foundation, benchmark clients to other private foundations, and enrich existing CRM information.

Curious how Cause IQ can help you prospect for foundations or clients, research nonprofits, benchmark clients, or enrich your existing information?

Create free account

Cause IQ organization profile

John Simon Guggenheim Memorial Foundation

Form 990s for John Simon Guggenheim Memorial Foundation

Financials for John Simon Guggenheim Memorial Foundation

Vendors for John Simon Guggenheim Memorial Foundation

Personnel at John Simon Guggenheim Memorial Foundation

Peer private foundations

Also explore

Want more details?

What is Cause IQ?

Nonprofits

Product

Customers

About

Email newsletter