Ganger Foundation Inc
- Assets
- $3.4m
- Revenue
- $856.1k
- Investments
- $2.8m
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- 08/1994
- Data as of
- 04/2023
- EIN
- 11-3162524
Organization Overview
Ganger Foundation Inc is located in Lawrence, NY. The organization was established in 1994. 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. Ganger 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 04/2023, Ganger Foundation Inc generated $856.1k 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 (4.6%) each year. All expenses for the organization totaled $900.1k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Ganger Foundation Inc has awarded 468 individual grants totaling $2,456,620. 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 |
|---|---|---|---|
Ira Ganger Manager | 1 | $0 | |
Shoshana Ganger Trustee | 0.5 | $0 | |
Aviva Ganger Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $925,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,111 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$120,772 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$231 |
| Total Revenue | $856,108 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $740 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $754 |
| Total operating and administrative expenses | $19,430 |
| Contributions, gifts, grants paid | $880,698 |
| Total expenses and disbursements | $900,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,701 |
| Savings and temporary cash investments | $491,332 |
| 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 | $72 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,369,636 |
| 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, Ganger Foundation Inc has awarded $880,698 in support to 167 organizations.
| Grant Recipient | Amount |
|---|---|
6272022 PURPOSE: GENERAL PURPOSE | $500 |
4747 CHARITY PURPOSE: GENERAL PURPOSE | $200 |
632022 PURPOSE: GENERAL PURPOSE | $250 |
AGUDAS ACHIM PURPOSE: GENERAL PURPOSE | $250 |
A TIME PURPOSE: GENERAL PURPOSE | $500 |
AGUDAS ACHIM PURPOSE: GENERAL PURPOSE | $2,000 |