Aaron & Esther Fogel Foundation Inc
- Assets
- $2.9m
- Revenue
- $8.5k
- Investments
- $894.7k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 11-3459020
Organization Overview
Aaron & Esther Fogel Foundation Inc is located in Brooklyn, NY. The organization was established in 1999. 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. Aaron & Esther Fogel 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 12/2022, Aaron & Esther Fogel Foundation Inc generated $8.5k 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 (39.9%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (58.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Leben Treasurer | 0 | $0 | |
Shalom Fogel Director | 0 | $0 | |
Rivka Fogel Director | 0 | $0 | |
Sheva Fogel Secretary | 0 | $0 | |
Shlomo Fogel Director | 0 | $0 | |
Chaya Fogel President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25 |
| Dividends & Interest | $39,329 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,834 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $547 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $188 |
| Total operating and administrative expenses | $1,835 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,624 |
| Savings and temporary cash investments | $0 |
| 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 | $1,808,769 |
| 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 | $2,885,099 |
| 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 | $500,000 |
| Total liabilities | $500,000 |
Grants Awarded
Over the last fiscal year, Aaron & Esther Fogel Foundation Inc has awarded $41,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MISC ORGANIZED CHARITIES UNDER 1000 PURPOSE: CHARITABLE | $2,000 |
YESHIVA OF FAR ROCKAWAY PURPOSE: CHARITABLE | $25,000 |
KHAL SHIVTEI YISROEL PURPOSE: RELIGOUS | $14,000 |