Cobble Hill Foundation Inc
- Assets
- $4.9m
- Revenue
- $261.5k
- Investments
- $4.8m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/1992
- Data as of
- 12/2021
- EIN
- 11-3122301
Organization Overview
Cobble Hill Foundation Inc is located in Brooklyn, NY. The organization was established in 1992. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Cobble Hill 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 12/2021, Cobble Hill Foundation Inc generated $261.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.5%) each year. All expenses for the organization totaled $446.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Cobble Hill Foundation Inc has awarded 16 individual grants totaling $702,288. 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 |
|---|---|---|---|
Daniel Tuchman CEO | 3.5 | $43,169 | |
Warren Litman CFO | 1.75 | $18,926 | |
Thomas Spath Chairman | 0.5 | $0 | |
Paul Sayegh Treasurer | 0.5 | $0 | |
W Rudy Kamuf Board Member | 0.5 | $0 | |
Charlie Carames Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,171 |
| Interest on Savings | $0 |
| Dividends & Interest | $101,244 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $141,046 |
| Capital Gain Net Income | $141,046 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,461 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $69,817 |
| Other employee salaries and wages | $2,007 |
| Pension plans, employee benefits | $17,952 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,798 |
| Total operating and administrative expenses | $194,927 |
| Contributions, gifts, grants paid | $252,000 |
| Total expenses and disbursements | $446,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,138 |
| Savings and temporary cash investments | $16,076 |
| 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 | $269,135 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,090 |
| Total assets | $4,864,036 |
| Accounts payable and accrued expenses | $11,243 |
| 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 | $1,154,035 |
| Total liabilities | $1,165,278 |
Grants Awarded
Over the last fiscal year, Cobble Hill Foundation Inc has awarded $252,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
COBBLE HILL HLTH PURPOSE: SUPPORTING OPERATIONS | $229,600 |
Brooklyn, NY PURPOSE: SUPPORTING OPERATIONS | $10,000 |
Brooklyn, NY PURPOSE: SUPPORTING OPERATIONS | $10,000 |
Brooklyn, NY PURPOSE: SUPPORTING OPERATIONS | $2,400 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cobble Hill Foundation Inc has recieved totaling $11,200.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,600 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dr Miriam And Sheldon G Adelson Medical Research Foundation Needham, MA | $9,824,950 | $46,333,953 |
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |