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S&G FOUNDATION INC

Albany, NY Tax ID: 36-4193183

S&G Foundation Inc, located in Albany, NY, is a major philanthropic organization with $1.49 billion in assets, focusing on arts, education, environment, and religion, primarily funding projects in New York, and is led by a volunteer board.

About S&G FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

S&G Foundation Inc, based in Albany, NY, is a significant philanthropic organization with assets totaling approximately $1.49 billion. Despite a negative revenue of about $34.87 million, the foundation had expenses of $148.68 million. The foundation focuses on funding initiatives in various subject areas including arts and culture, education, higher education, environment, religion, and Christianity. It primarily funds projects in Albany and other locations within New York State. Key personnel include Shelby Mc Davis as President, Lansing A Davis as Treasurer, Gale L Davis as Secretary, and Craig Cornelius as Vice President, all of whom work on a voluntary basis without compensation.

Focus Areas

Arts and cultureEducationHigher educationEnvironmentReligionChristianity- Less

Geographic Focus

NY

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Key Statistics
Total Assets $1.5B
Total Awarded This Year $125.6M
Average Grant Size $244K
Total Grants (Previous Year) 513
Open to New Applicants
% New Applicants Funded
Contact Information
Albany, NY
Geographic Funding Distribution

Financials

Total Assets
$1.5B

+2.6% from previous year

Annual Grants
$125.6M

2 grants awarded in 2024

Expense Ratio
-426.4%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$110,645,564VARIOUS - STOCK (SEE STATEMENT)GENERAL CHARITABLE PURPOSESAlbany, NY, US2024
$103,417,437VARIOUS STOCK (SEE ATTACHMENT)GENERAL CHARITABLE PURPOSESVarious, NY, US2022
$51,178,842VARIOUS - CASH (SEE STATEMENT)GENERAL CHARITABLE PURPOSESAlbany, NY, US2023
$29,616,452VARIOUS - STOCK (SEE STATEMENT)GENERAL CHARITABLE PURPOSESAlbany, NY, US2023
$14,932,478VARIOUS - CASH (SEE STATEMENT)GENERAL CHARITABLE PURPOSESAlbany, NY, US2024
$78,500VARIOUS CASH (SEE ATTACHMENT)GENERAL CHARITABLE PURPOSESVarious, NY, US2022

People

Leadership & Staff

Compensation data from most recent available 990 forms

GL

GALE L DAVIS

SECRETARY

$0 2024
CC

CRAIG CORNELIUS

VICE PRESIDENT

$0 2024
LA

LANSING A DAVIS

TREASURER

$0 2024
SM

SHELBY MC DAVIS

PRESIDENT

$0 2024
Showing 4 of 4 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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