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The Schermerhorn Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136272702 ✦ Brewster, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Schermerhorn Foundation?

The Schermerhorn Foundation is a nonprofit organization based in Brewster, New York, specifically at 4250 Old RT 22, Hunter Pollock. Its primary role is to offer financial assistance to the First Reformed Church of Schenectady, New York, as outlined in its certificate of incorporation. The foundation's mission is centered around providing financial support to this particular church, contributing to its ongoing operations and initiatives.

Is The Schermerhorn Foundation legitimate?

The Schermerhorn Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Schermerhorn Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $17,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Schermerhorn Foundation?

The Schermerhorn Foundation's mission is centered around providing financial support. Specifically, it is dedicated to aiding the First Reformed Church of Schenectady, New York, as stated in its certificate of incorporation. This financial assistance serves as the foundation's primary objective and purpose. By doing so, it contributes to the continued operations and well-being of the designated beneficiary, the First Reformed Church of Schenectady.

Who is the CEO of The Schermerhorn Foundation?

Hunter R Pollock is the President of The Schermerhorn Foundation.

What is the revenue of The Schermerhorn Foundation?

The Schermerhorn Foundation's revenue in 2022 was $126,914.

Who are the executives of The Schermerhorn Foundation and what are their salaries?


Here are 3 key members and their salaries:


Hunter R Pollock (President)
  • Compensation: $8,500
  • Related: $0
  • Other: $0
Joanne P Pollock (Vice-President)
  • Compensation: $8,500
  • Related: $0
  • Other: $0
Brandon C Pollock (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Schermerhorn Foundation?

The Schermerhorn Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Schermerhorn Foundation

The Schermerhorn Foundation is committed to providing financial support to a specific beneficiary, the First Reformed Church of Schenectady, New York. This mission is reflected in the organization's activities, which are primarily focused on offering financial aid to this church. The foundation's purpose is clearly stated in its certificate of incorporation, emphasizing its dedication to supporting the First Reformed Church of Schenectady. The Schermerhorn Foundation serves as a vital source of financial assistance for this church, contributing to its ongoing operations and activities.

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Impact




October, 2024

The Schermerhorn Foundation significantly impacts the First Reformed Church of Schenectady by providing crucial financial support that enables the church to fulfill its mission and serve its community effectively. This financial assistance helps maintain and enhance church operations, allowing for various programs, outreach initiatives, and community services. By ensuring a steady flow of resources, the foundation plays a vital role in sustaining the church’s activities and promoting its religious and community-oriented objectives in Schenectady, New York. The support fosters an environment where faith-based initiatives can thrive, ultimately benefiting the congregation and the broader community.




This information is meant to be a general summary of The Schermerhorn Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$126,914 (2022)
Expenses
$183,000 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $117,094
  • Gross Receipts: $260,860

Assets and Liabilities:

  • Total Assets: $4,730,830
  • Total Liabilities: $250
  • Net Assets: $4,730,580

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Organization Details

Founding Year

1968

Principal Officer

Hunter R Pollock

Main Address

4250 OLD RT 22 CO HUNTER POLLOCK, BREWSTER, NY, 10509

NTEE Category

Code: X21I - Religion related

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