Stanley B Tunick Foundation
- Assets
- $496.4k
- Revenue
- $21.3k
- Investments
- $228.8k
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/1959
- Data as of
- 12/2023
- EIN
- 11-6007076
Organization Overview
Stanley B Tunick Foundation is located in Palm Beach, FL. The organization was established in 1959. 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. Stanley B Tunick 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 12/2023, Stanley B Tunick Foundation generated $21.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $37.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Stanley B Tunick Foundation has awarded 127 individual grants totaling $323,760. 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 |
|---|---|---|---|
Andrew J Tunick Trustee | 2 | $0 | |
Richard D Tunick Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,043 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$775 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,268 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $100 |
| Total operating and administrative expenses | $252 |
| Contributions, gifts, grants paid | $37,075 |
| Total expenses and disbursements | $37,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $267,602 |
| 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 | $496,443 |
| 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, Stanley B Tunick Foundation has awarded $37,075 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
COLGATE UNIVERSITY PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $3,000 |
COLUMBIA UNIVERSITY PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $3,000 |
CONGREGATION EMANU-EL OF WESTCHESTER PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $4,000 |
CORNELL UNIVERSITY PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $6,000 |
JEWISH FEDERATION OF PALM BEACH COUNTY PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $6,000 |
MORSELIFE FOUNDATION PURPOSE: TO FURTHER ORG.'S CHARITABLE OBJECTIVES | $2,000 |