Titus Foundation Inc
- Assets
- $27.0k
- Revenue
- -$69.0k
- Investments
- $25.9k
- Employees
- 0
- Location
- New Canaan, CT
- Founding
- 11/2000
- Data as of
- 12/2019
- EIN
- 06-1587986
Organization Overview
Titus Foundation Inc is located in New Canaan, CT. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Titus Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Titus Foundation Inc has awarded 146 individual grants totaling $4,935,135. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Boronow Chairperson And Treasurer | 0 | $0 | |
Gordon Boronow Secretary | 0 | $0 | |
Russell C Gocht Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $675 |
| Dividends & Interest | $47,572 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$117,262 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$69,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,183 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,527 |
| Total operating and administrative expenses | $23,819 |
| Contributions, gifts, grants paid | $2,664,035 |
| Total expenses and disbursements | $2,687,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,101 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $26,985 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Titus Foundation Inc has awarded $2,664,035 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CHRISTIAN FOUNDATION PURPOSE: TRANSFER TO DONOR ADVISOR FUND | $340,000 |
NATIONAL CHRISTIAN FOUNDATION PURPOSE: TRANSFER TO DONOR ADVISOR FUND | $2,228,035 |
PINE BUSH BIBLE CAMP PURPOSE: SCHOLARSHIP ENDOWMENT FUND AND YOUTH CAMP MINISTRIES | $5,000 |
KIDS WITH A PROMISE PURPOSE: AFTER SCHOOL PROGRAM | $1,000 |
DEERFOOT LODGE PURPOSE: YOUTH CAMP MINISTRIES | $15,000 |
GOSPEL VOLUNTEERS INC PURPOSE: FAMILY BIBLE CAMP | $5,000 |