Saratoga Casino Hotel Foundation Inc

BALLSTON SPA, NY EIN: 20-3651094

Saratoga Casino Hotel Foundation Inc is a private foundation, based in BALLSTON SPA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 20 grants totaling $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7K

+11.8% YoY

Annual Giving

$27K

-3.3% YoY

Grant Count

20

-31.0% YoY

Avg Grant Size

$1K

+40.2% YoY

Under IRS private-foundation payout rules, Saratoga Casino Hotel Foundation Inc reported a distributable amount of $397 for 2024 — the minimum it must pay out in qualifying distributions.

About Saratoga Casino Hotel Foundation Inc

Based on IRS filings

Saratoga Casino Hotel Foundation Inc is a private foundation, based in BALLSTON SPA, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 20 grants totaling $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AlbanyBallston SpaClifton ParkCorinthGranvilleGreenfield CenterHadleyMaltaMechanicvilleMoreauPorter CornersSaratogaSaratoga SpringsSchuylervilleWaterfordWilton

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$39K202220232024
Metric202420232022
Total Assets$6,728$6,018$3,468
Revenue$30,000$30,000$30,000
Expenses$29,290$27,450$35,897
Qualifying Distributions$29,290$27,450$35,897
Net Investment Income
Distributable Amount$397$233

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K30 grants202229 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Wellspring Domestic Viol…$3KBackstretch Employee Ser…$3KFranklin Community Cente…$2KSaratoga Center for the …$2KRead to Recovery$2KSaratoga County Children…$2KShelters of Saratoga$2KRebuilding Together-Sara…$2KBest Buddies in New York$2KKelly's Angels inc$2K

Grant Size Distribution

79 grants across all recorded years

79<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Saratoga Casino Hotel Foundation Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Wellspring Domestic Violence Serv Inc ($2,500), Backstretch Employee Service Team of NY ($2,500), Franklin Community Center Inc ($2,000).

RecipientPurposeAmount
Franklin Community Center Inc Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$2,000
Saratoga Center for the Family Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$2,000
Wellspring Domestic Violence Serv Inc Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$2,500
Senior Citizens Center of Saratoga Spgs Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,000
The Childrens Museum at Saratoga Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,000
Saratoga County Childrens Committee Inc Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,500
Shelters of Saratoga Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,500
Rebuilding Together-Saratoga County Ballston Spa, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,500
Best Buddies in New York Waterford, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$1,500
Backstretch Employee Service Team of NY Saratoga Springs, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Matthew E VeitchChairman
Phil BarrettVice Chairman
George W Skip CarlsonTreasurer
Bridget RiderSecretary
John F SaffordDirector
Henry Westbrook JrDirector

Frequently Asked Questions

How large is Saratoga Casino Hotel Foundation Inc?

As of 2024, Saratoga Casino Hotel Foundation Inc holds $7K in total assets with $30K in annual revenue. It awarded 20 grants totaling $27K in 2024.

Where does Saratoga Casino Hotel Foundation Inc operate?

Saratoga Casino Hotel Foundation Inc has awarded grants in New York.

What size grants does Saratoga Casino Hotel Foundation Inc award?

In 2024, Saratoga Casino Hotel Foundation Inc awarded 20 grants totaling $27K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Saratoga Casino Hotel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Saratoga Casino Hotel Foundation Inc reported a distributable amount of $397 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Saratoga Casino Hotel Foundation Inc's EIN?

Saratoga Casino Hotel Foundation Inc's EIN (Employer Identification Number) is 20-3651094. IRS Form 990 filing data is available on this page for 2022–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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