Itzkowitz Family Foundation
- Assets
- $441.4k
- Revenue
- $23.8k
- Investments
- $194.5k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 04/1998
- Data as of
- 12/2022
- EIN
- 11-3410920
Organization Overview
Itzkowitz Family Foundation is located in Brooklyn, NY. The organization was established in 1998. 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. Itzkowitz Family 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 12/2022, Itzkowitz Family Foundation generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.6%) each year. All expenses for the organization totaled $43.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED VARIOUS JEWISH EDUCATIONAL AND CHARITABLE ORGANIZATIONS.
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 |
|---|---|---|---|
Joseph Itzkowitz President | 0 | $0 | |
Sarah Itzkowitz Treasurer | 0 | $0 | |
Joshua Itzkowitz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $20,000 |
| Interest on Savings | $2,515 |
| Dividends & Interest | $1,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $170 |
| Capital Gain Net Income | $170 |
| Net ST Capital Gain | $170 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $158 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $738 |
| Contributions, gifts, grants paid | $42,868 |
| Total expenses and disbursements | $43,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,221 |
| Savings and temporary cash investments | $241,604 |
| 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 | $194,547 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $441,372 |
| 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, Itzkowitz Family Foundation has awarded $42,868 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BNOS ZION PURPOSE: RELIGIOUS EDUCATION | $2,693 |
BOBOVER YESHIVA PURPOSE: RELIGIOUS EDUCATION | $1,115 |
CHEVRA KADISHA BOBOV PURPOSE: SOCIAL SERVICES | $150 |
CONGREGATION FALTICAN PURPOSE: RELIGIOUS EDUCATION | $100 |
CONGREGATION SHHARI ZION PURPOSE: RELIGIOUS EDUCATION | $4,470 |
HATZOLOH CATSKILL PURPOSE: SOCIAL SERVICES | $500 |