Warwick Savings Foundation

NEWBURGH, NY EIN: 06-1504632

Warwick Savings Foundation is a private foundation focused on Education, based in NEWBURGH, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 26 grants totaling $273K. Net investment income was $487K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+5.7% YoY

Annual Giving

$273K

-1.6% YoY

Grant Count

+8.3% YoY

Avg Grant Size

$11K

-9.2% YoY

Under IRS private-foundation payout rules, Warwick Savings Foundation reported a distributable amount of $277K for 2024 — the minimum it must pay out in qualifying distributions.

About Warwick Savings Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $1.3M (100%)

States

New York

Cities

FloridaGoshenHopewell JunctionMiddletownMonroeMontgomeryNew MilfordNewburghWappinger FallsWarwick

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,761,458	$3,558,355	$3,885,042
Revenue	$516,186	$-12,487	$166,229
Expenses	$317,169	$313,029	$236,028
Qualifying Distributions	$287,919	$291,070	$215,627
Net Investment Income	$486,936	$84,240	$145,828
Distributable Amount	$277,425	$253,020	$249,287

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

126 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hospice of Orange & Sullivan Counties ($50,000), BON SECOURS COMMUNITY HEALTH SYSTEM (St Anthony Community Hospital) ($25,000), Winslow Therapeutic Riding Center ($25,000).

Recipient	Purpose	Amount
BACKPACK SNACK ATTACK WARWICK, NY	Backpack Snack Attack's mission is to feed all of the students referred by schools in Warwick Township who have shown signs of hunger and who qualify through the free/reduced meal program. With the Foundation's support, the organization fed nearly 300 children each week during the school year. All public schools in Warwick, Florida and Greenwood Lake districts are included in the program. Teachers and school personnel identify the hungry children and refer them to Backpack Snack Attack. The organization also supplies food on weekends to the children during the school year.	$7,500
BON SECOURS COMMUNITY HEALTH SYSTEM (St Anthony Community Hospital) WARWICK, NY	Funds were used to purchase new ENT surgical trays to better meet the needs of the Warwick community. The trays include new specialized procedure scopes that will allow for patients in need of ENT procedures to be done locally and not need to be referred to facilities that require significant travel and additional care coordination. Overall, Foundation support has allowed the hospital to expand and enhance health services so people in Warwick and surrounding communities can receive the care they need close to home.	$25,000
BRAESIDE CAMP MIDDLETOWN-GOSHEN CONVALESCENT CHILDREN'S HOME MIDDLETOWN, NY	Braeside offers a summer experience for boys and girls of Orange County aged five to 16. One of the most significant initiatives funded by the grant was the much-needed upgrade to Corbett Hall, the primary space at the camp. The renovation of the flooring was a major undertaking. The facility serves as the dining, hall, activity center and is the heart of many special events and gatherings. In addition to enhancing facilities, the funds were also used to expand and enrich the STEM camp program, enabling the purchase of additional supplies and equipment. These resources were crucial to meeting the increasing demand and providing campers with engaging STEM activities that foster creativity, learning and exploration.	$10,000
DINNER 4 KIDS MONROE, NY	Dinner 4 Kids has been serving dinners to about 20 children in areas of Orange County including Monroe, Chester and Cornwall. Volunteers deliver at-cost dinners provided by The Empire Diner, 2 per child, 3 times a week. The Social Workers who have recommended these children and their families have seen the positive impact that these meals have on the lives of their students. Perhaps the most impactful response received was when the grandfather of one of the families expressed his heartfelt thanks, sharing that the food provided to his grandchildren made an incredible difference in their lives.	$2,500
FEARLESS HUDSON VALLEY (formerly Safe Homes of Orange County) NEWBURGH, NY	Funds enabled Fearless! to bridge the gap between homelessness and stability for survivors of domestic violence, human trafficking and sexual assault in Orange County by providing financial assistance for housing-related expenses. The funding allowed Fearless! to support clients in finding and keeping safe, affordable and permanent housing. This grant has been allocated to provide much-needed support to multiple individuals (three adult survivors and their children). In addition to receiving financial support to enable survivors and their children to access safe, affordable housing, these individuals received and continue to receive ongoing services, including advocacy, accompaniment and support, case management and therapeutic counseling to aid in healing from the trauma and abuse they have experienced. Without funding from organizations such as Warwick Savings Foundation, Fearless! would be unable to continue to assist these individuals.	$10,000
FLORIDA HISTORICAL SOCIETY FLORIDA, NY	The grant is enabling the Society to continue to restore more areas of the Greene Family Homestead. The first project was to level the floor in the General Storeroom and to install a new wood floor with insulation underneath. The second project was to repair a 25' x 40' area in the attic for safety and for storage of many pieces of 1700s and 1900s furniture, for smaller antiques from the four generations of the Greene family, and for donated local items used seasonally, and for special occasion events. The third project was to repair the basement bilco doors by replacing the rotted wood and installing new latches. The society has worked tirelessly for the past seven years to restore and preserve the Greene Family Homestead and present it and its legacy as a key educational component of the village. WSF funds support these efforts tremendously.	$3,500
GREYSTONE PROGRAMS INC HOPEWELL JUNCTION, NY	Greystone, which supports children, adults and families living with autism and other developmental disabilities, utilized grant funds to successfully implement their first-ever Rise Gardens. These gardens are hydroponic indoor gardening systems that use recycled materials and LED lights to grow plants year-round. Funds were also used to make supplementary purchases of various vegetables, fruits, gardening supplies and nutrients. The current gardens contain beets, kale, lavender, peas, strawberries, cucumber, basil, oregano, chives, parsley, mini-tomatoes, microgreens and three types of lettuce. In addition to promoting the use of organic growing methods, another benefit of indoor gardening is its positive impact on mental health and well-being.	$5,000
HABITAT FOR HUMANITY OF GREATER NEWBURGH NEWBURGH, NY	The Foundation has supported Habitat since 1999, enabling the organization to become a model for sustainable community development. It is because of this support that Habitat is able to provide affordable home ownership to people in the City of Newburgh. The funds made a positive impact on the Bridging Blocks Project Phase II & III, a neighborhood revitalization effort featuring six houses at varying stages of construction. 139/141 Johnston Street are both 4-bedroom homes, and 511 South Street is comprised of two 3-bedroom homes and two 4-bedroom homes. The Warwick Savings Foundation is one of Habitat's oldest supporters. This partnership continues to be critical in Habitat Newburgh's work.	$10,000
HISTORICAL SOCIETY OF THE TOWN OF WARWICK WARWICK, NY	Warwick Savings Foundation financial support has been significant in advancing the mission of the Historical Society of the Town of Warwick to preserve, share and celebrate the history of the Town of Warwick. Important upgrades have been made to the society's internet and security system in the Archive, vastly improving their ability to save and share historical information about the village. The grant has also enabled the Society to continue creating the infrastructure and collateral of their self-guided walking tour. The impact of the grant extends beyond technological improvements. It has strengthened the organization's community outreach and relationships, generating increased interest in and support for their mission among residents and business owners in town.	$3,500
HOOPS EXPRESS NEWBURGH, NY	The grant is in continued support for growth and expansion of Hoops Express' UTurn Program. As a result of this funding, the program provided mentoring, educational support and community services to an additional 100 Orange County area low-income, high-risk youths and their families. The program now includes not only mentoring and educational support, but also career development workshops, mental health counseling, and recreational activities designed to promote physical health and well-being. These new services have been crucial in addressing the diverse needs of the community, providing comprehensive support for our most vulnerable populations.	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHN McDERMOTT III	PRESIDENT/DIRECTOR	—	—
THOMAS SULLIVAN	VICE PRESIDENT / DIRECTOR	—	—
ROGER VANDER PLAAT	TREASURER & DIRECTOR	—	—
ROBERT M KENNEDY III	DIRECTOR & ASST.TREASURER	—	—
JANE MCDERMOTT MALLEY	DIRECTOR	—	—
TRISHA NAJORK	DIRECTOR	—	—
ELLEN M DALEY	SECRETARY	4	—
PAUL GRATZEL	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Warwick Savings Foundation?

Warwick Savings Foundation is a private foundation focused on Education, based in NEWBURGH, NY. It holds $3.8M in total assets as of 2024.

How large is Warwick Savings Foundation?

As of 2024, Warwick Savings Foundation holds $3.8M in total assets with $516K in annual revenue. It awarded 26 grants totaling $273K in 2024.

Where does Warwick Savings Foundation operate?

Warwick Savings Foundation has awarded grants in New York.

What size grants does Warwick Savings Foundation award?

In 2024, Warwick Savings Foundation awarded 26 grants totaling $273K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Warwick Savings Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Warwick Savings Foundation reported a distributable amount of $277K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.