Myra Lee And Albert Fleischman Foundation Inc
- Assets
- $1.2m
- Revenue
- $91.5k
- Investments
- $1.0m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 12/1997
- Data as of
- 12/2023
- EIN
- 11-3299443
Organization Overview
Myra Lee And Albert Fleischman Foundation Inc is located in Brooklyn, NY. The organization was established in 1997. 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. Myra Lee And Albert Fleischman 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 12/2023, Myra Lee And Albert Fleischman Foundation Inc generated $91.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $87.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Myra Lee And Albert Fleischman Foundation Inc has awarded 306 individual grants totaling $507,735. 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 |
|---|---|---|---|
Albert Fleischman Pres. Treas. | 2 | $0 | |
Myra Lee Fleischman V.pres. Sec. | 1 | $0 | |
Rabbi Vicki Nan Lieberman Vice President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $79,922 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,332 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,738 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,516 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $264 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,708 |
| Contributions, gifts, grants paid | $85,893 |
| Total expenses and disbursements | $87,601 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,694 |
| 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 | $5,810 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $106,433 |
| Net Land, buildings, and equipment | $111,666 |
| Other assets | $0 |
| Total assets | $1,204,071 |
| Accounts payable and accrued expenses | $250 |
| 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 | $250 |
Grants Awarded
Over the last fiscal year, Myra Lee And Albert Fleischman Foundation Inc has awarded $85,893 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FEDERATION FOR THE BLIND PURPOSE: SUPPORT THE BLIND | $350 |
AMERICAN HEART ASSOCIATION PURPOSE: RESEARCH | $1,000 |
B'NAI BRITH INTERNATIONAL PURPOSE: VARIOUS CAUSES | $250 |
AMERICAN SOCIETY FOR YAD VASHEM INC PURPOSE: MUSEUM | $1,000 |
BIRTH RIGHT ISRAEL PURPOSE: ASSIST THE POOR | $500 |
GUIDING EYES FOR THE BLIND PURPOSE: ASSIST THE BLIND | $200 |