Kupferberg Foundation Incorporated
- Assets
- $8.9m
- Revenue
- $655.9k
- Investments
- $8.4m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/1962
- Data as of
- 12/2022
- EIN
- 11-6008915
Organization Overview
Kupferberg Foundation Incorporated is located in Wilmington, DE. The organization was established in 1962. 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. Kupferberg Foundation Incorporated 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, Kupferberg Foundation Incorporated generated $655.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $748.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kupferberg Foundation Incorporated has awarded 178 individual grants totaling $5,279,479. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE
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 |
|---|---|---|---|
Martin Kupferberg Trustee, Pres | 1 | $0 | |
Saul Kupferberg Trustee, Treas | 1 | $0 | |
Seth Kupferberg Trustee, VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,264 |
| Dividends & Interest | $240,667 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $393,591 |
| Capital Gain Net Income | $393,910 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,420 |
| Total Revenue | $655,942 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,627 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $39,566 |
| Total operating and administrative expenses | $148,662 |
| Contributions, gifts, grants paid | $599,800 |
| Total expenses and disbursements | $748,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $515,582 |
| 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 | $427,814 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,869,296 |
| 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, Kupferberg Foundation Incorporated has awarded $599,800 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ANTI-DEFAMATION LEAGUE PURPOSE: FOR THE NY/NJ | $15,000 |
BNAI BRITH HILLEL FOUNDATION AT QUEENS COLLEGE HIL PURPOSE: GENERAL & UNRESTRICTED | $1,800 |
CALVARY HOSPITAL INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
FOUNDATION FIGHTING BLINDNESS INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
JEWISH COMMUNITY RELATIONS COUNCIL OF NEW YORK INC PURPOSE: STUDY MISSION TO ISRAEL LED BY CUNY CHANCELLOR | $5,000 |
MATAN INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |