Warwick Savings Foundation

Nonprofit profile at a glance

EIN
061504632
IRS 990-PF coverage
2011–2025
Forms available
Form 990-PF 2025
Location
Warwick, NY, USA
Phone
8455420679
Rating
90
Verdict
STRONG
Rating confidence
Standard
Sector
Scholarships, Student Financial Aid Services, Awards

Reported finances

Revenue
$452,681
Expenses
$353,720

Source: IRS Form 990-PF. Selected filing: tax year 2025. Amounts in USD.

Overview

Mission

Scholarships, Student Financial Aid Services, Awards

What it reported funding in 2025

The foundation reported 26 grants totaling $305,500. The stated grant purposes included 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. the organization feeds nearly 300 children each week during the school year. teachers and school personnel identify hungry children and refer them to backpack snack attack. the organization also supplies food on weekends to the children during the school year., bon secours grant funds are used to purchase equipent such as ent surgical trays which include new specialized scopes that allow for patient procedures to be done locally rather than being referred to facilities that require significant travel and additional care coordination. general support helps to expand and enhance health services so people in warwick and surrounding communities can receive the care they need close to home., and braeside offers a summer experience for boys and girls of orange county aged five to 16. the grant funds upgrade and maintain corbett hall, the primary space at the camp which serves as the dining, hall, activity center and is the heart of many special events and gatherings. in addition to enhancing facilities, the funds are used to expand the stem camp program, enabling the purchase of additional supplies and equipment. these resources are crucial to meeting the increasing demand and providing campers with engaging stem activities that foster creativity, learning and exploration., plus 23 other reported purposes.

Operating model

Revenue model
Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 93% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filed numbers largely add up. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 86
  • Transparency: 100
  • Compliance: 100
  • Endowment Health: 27

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 56th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 86.4%; rating input score 86; 63rd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 19 of 19 controls in place; rating input score 100
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 12.62; rating input score 27; 27th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 27th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 14 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 27/100.