The Anikstein Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $11.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 08/1985
- Data as of
- 11/2023
- EIN
- 11-2737109
Organization Overview
The Anikstein Family Foundation Inc is located in Woodbury, NY. The organization was established in 1985. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Anikstein Family 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.
For the year ending 11/2023, Anikstein Family Foundation Inc generated $11.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $92.9k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Anikstein Family Foundation Inc has awarded 594 individual grants totaling $957,165. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
DIRECT SUPPORT OF RECOGNIZED PUBLIC CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert Anikstein Director | 0.25 | $0 | |
Harvey Anikstein Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $4,174 |
| Dividends & Interest | $43,355 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$44,601 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,420 |
| Total Revenue | $11,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $666 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,021 |
| Total operating and administrative expenses | $4,687 |
| Contributions, gifts, grants paid | $88,164 |
| Total expenses and disbursements | $92,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,203 |
| Savings and temporary cash investments | $9,523 |
| 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 | $1,074,150 |
| 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, The Anikstein Family Foundation Inc has awarded $88,164 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
ACLD PURPOSE: CHARITABLE | $100 |
AMERICAN CANCER SOCIETY PURPOSE: CHARITABLE | $750 |
AMERICAN FRIENDS OF MAGEN DAVID PURPOSE: CHARITABLE | $1,000 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: CHARITABLE | $500 |
AMERICAN TECHNION SOCIETY PURPOSE: CHARITABLE | $500 |
BOCA HELPING HANDS PURPOSE: CHARITABLE | $500 |