Abramson Family Foundation Inc
- Assets
- $6.7m
- Revenue
- $900.1k
- Investments
- $6.6m
- Employees
- 0
- Location
- Purchase, NY
- Founding
- 10/1997
- Data as of
- 04/2022
- EIN
- 11-3374949
Organization Overview
Abramson Family Foundation Inc is located in Purchase, NY. The organization was established in 1997. According to its NTEE Classification (T30) the organization is classified as: Public 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. Abramson 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 04/2022, Abramson Family Foundation Inc generated $900.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (21.7%) each year. All expenses for the organization totaled $422.2k during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Abramson Family Foundation Inc has awarded 148 individual grants totaling $2,501,758. 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 |
|---|---|---|---|
Jacob Manczyk Director | 2 | $0 | |
Jill A Manczyk Co-President | 2 | $0 | |
Gregg Abramson Co-President | 2 | $0 | |
Lauren Abramson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $184,434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $712,168 |
| Capital Gain Net Income | $712,168 |
| Net ST Capital Gain | $39,794 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,447 |
| Total Revenue | $900,079 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $553 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,493 |
| Total operating and administrative expenses | $10,046 |
| Contributions, gifts, grants paid | $412,200 |
| Total expenses and disbursements | $422,246 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $28,512 |
| 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 | $6,667,829 |
| 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, Abramson Family Foundation Inc has awarded $412,200 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON INSTITUTE PURPOSE: CHARITABLE | $100,000 |
UJA FEDERATION OF NY PURPOSE: CHARITABLE | $64,800 |
BROOKLYN TECH ALUMNI ASSOC PURPOSE: CHARITABLE | $50,000 |
WEILL CORNELL MEDICINE PURPOSE: CHARITABLE | $40,000 |
New York, NY PURPOSE: CHARITABLE | $25,000 |
THE TRAVELING PRESS FOUNDATION PURPOSE: CHARITABLE | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |