Loretto Foundation
Provides charitable services to benefit aged persons through affiliated Loretto organizations. For fiscal year 2024 it reported $962K in revenue, $539K in expenses, and $2.2M in net assets.Pt I
- Type
- Supporting organization · Nonprofit
- Location
- Syracuse, NY
- Website
- www.lorettocny.org
- Filings
- 4 on file (2021–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
The loretto foundation administers the loretto foundation community trust, a pooled supplemental needs trust, which benefits many seniors and disabled individuals in the community. Income from the pooled trust is restricted for the benefit of members of the trust.
The loretto foundation is the fund development segment of the loretto organization and has responsibility for raising money to support the organization's needs. Gifts to loretto support the future of quality and accessible longterm health care for the frail elderly in central new york.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| Julie Sheedy | $83,545 | $38,422 | $38,422 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 44% | — | — |
| Overhead ratio | 37% | — | — |
| Fundraising cost ratio | 17% | — | — |
| Revenue growth | 72% | — | — |
| Fundraising fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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