Joseph And Bernice Tanenbaum Foundation
- Assets
- $557.5k
- Revenue
- $120.7k
- Investments
- $511.4k
- Employees
- 0
- Location
- Bayside, NY
- Founding
- 01/1996
- Data as of
- 06/2024
- EIN
- 11-3300825
Organization Overview
Joseph And Bernice Tanenbaum Foundation is located in Bayside, NY. The organization was established in 1996. 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. Joseph And Bernice Tanenbaum Foundation 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 06/2024, Joseph And Bernice Tanenbaum Foundation generated $120.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $114.4k during the year ending 06/2024. While expenses have increased by 16.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Joseph And Bernice Tanenbaum Foundation has awarded 137 individual grants totaling $517,670. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Tanenbaum Trustee | 0 | $0 | |
Mark Tanenbaum Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,755 |
| Dividends & Interest | $13,172 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,774 |
| Capital Gain Net Income | $104,129 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,701 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,794 |
| Total operating and administrative expenses | $4,409 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $114,409 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,647 |
| Savings and temporary cash investments | $23,884 |
| 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 | $500 |
| 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 | $557,461 |
| 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, Joseph And Bernice Tanenbaum Foundation has awarded $110,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU PURPOSE: CIVIL LIBERTIES | $2,500 |
AMERICAN TECHNION SOCIETY PURPOSE: EDUCATION | $60,000 |
BAYSIDE BUSINESS ASSOCIATION PURPOSE: BUSINESS SUPPORT | $1,000 |
BRAIN TUMOR FOUNDATION PURPOSE: MEDICAL RESEARCH | $1,000 |
COMMONPOINT QUEENS PURPOSE: COMMUNITY SUPPORT | $22,500 |
GERSTMAN FOUNDATION PURPOSE: SPECIAL NEEDS CHILDREN'S CAMP | $1,000 |