Schenectady Foundation INC
Supports the Schenectady Foundation with administrative and operational tasks. For fiscal year 2024 it reported $959K in revenue, $886K in expenses, and $541K in net assets.Pt I
- Type
- Supporting organization · Foundations & Grantmakers
- Location
- Schenectady, NY
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
Strategic Initiatives
Schenectady foundation, inc. Carries out the foundation's programs and strategic INITIATIVES.IN 2024, strategic initiatives INCLUDED:1. Food security:a. Schenectady county food council - the food council continued to work in three key areas to improve the local food system: a.) access & equity; b.) advocacy & empowerment; c.) agriculture…
Grants and Scholarships Made
The schenectady foundation, inc. Provides administrative and operating support to the grants and scholarship programs of the schenectady foundation, including the creation of grant applications and processes, providing technical assistance to grant applications and grantees, reviewing and evaluating applications, ensuring due diligence…
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Robert Carreau’s $168K as Executive Director is at the 97th percentile of top reported officer pay among 1263 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Robert Carreau | $168,331 | $155,586 | $148,734 | $137,641 | $153,143 |
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 | 78% | — | — |
| Overhead ratio | 19% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 30% | — | — |
| Accounting fee ratio | 2% | — | — |
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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