Seltzer Foundation Inc
- Assets
- $663.6k
- Revenue
- $140.5k
- Investments
- $604.8k
- Employees
- 0
- Location
- Roslyn Heights, NY
- Founding
- 01/1998
- Data as of
- 12/2023
- EIN
- 11-3406238
Organization Overview
Seltzer Foundation Inc is located in Roslyn Heights, NY. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Seltzer 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, Seltzer Foundation Inc generated $140.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 55.3% each year . All expenses for the organization totaled $67.3k during the year ending 12/2023. While expenses have increased by 24.3% per year over the past 8 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 2016, Seltzer Foundation Inc has awarded 391 individual grants totaling $232,651. 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 |
|---|---|---|---|
Stephen Seltzer President | 0.5 | $0 | |
Sandra Seltzer Secretary | 0.25 | $0 | |
Clifford Seltzer Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,728 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $117,745 |
| Capital Gain Net Income | $117,745 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $140,473 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,577 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $550 |
| Total operating and administrative expenses | $10,762 |
| Contributions, gifts, grants paid | $56,495 |
| Total expenses and disbursements | $67,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $58,757 |
| 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 | $663,566 |
| 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, Seltzer Foundation Inc has awarded $56,495 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
911 MEMORIAL MUSEUM PURPOSE: GENERAL SUPPORT | $250 |
ACTION AGAINST HUNGER PURPOSE: GENERAL SUPPORT | $200 |
AFDMA PURPOSE: GENERAL SUPPORT | $1,000 |
AARP FOUNDATION PURPOSE: GENERAL SUPPORT | $100 |
AFINS ( ISRAELI NAVY SEALS) PURPOSE: GENERAL SUPPORT | $300 |
AHAVAS SHOLOM (LEV) PURPOSE: GENERAL SUPPORT | $900 |