D&e Steinmetz Foundation
- Assets
- $2.7m
- Revenue
- $48.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/2000
- Data as of
- 06/2022
- EIN
- 11-3522236
Organization Overview
D&e Steinmetz Foundation is located in Brooklyn, NY. The organization was established in 2000. 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. D&e Steinmetz 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 06/2022, D&e Steinmetz Foundation generated $48.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (31.7%) each year. All expenses for the organization totaled $361.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, D&e Steinmetz Foundation has awarded 84 individual grants totaling $702,044. 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 |
|---|---|---|---|
David Steinmetz Trustee | 0 | $0 | |
Esther Steinmetz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,993 |
| Interest on Savings | $18,162 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$809 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,427 |
| Total Revenue | $48,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $30 |
| Total operating and administrative expenses | $8,354 |
| Contributions, gifts, grants paid | $353,441 |
| Total expenses and disbursements | $361,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$8 |
| Savings and temporary cash investments | $1,848,855 |
| 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 | $853,587 |
| Total assets | $2,702,434 |
| 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, D&e Steinmetz Foundation has awarded $353,441 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CONG BAIS MOSHE D'KABA PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $1,500 |
CONG YEITEV LEV PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $10,000 |
HAMATIV PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $12,000 |
KHAL BAIS YITZCHOK D'SPINKA PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $600 |
KHAL MINCHAS CHINUCH PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $3,500 |
TOLDOS TZVI PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $13,000 |