Abraham J & Phyllis Katz Foundation Ua 060794
- Assets
- $42.0m
- Revenue
- $4.1m
- Investments
- $41.4m
- Employees
- 0
- Location
- Newnan, GA
- Founding
- 11/1994
- Data as of
- 12/2022
- EIN
- 11-6442077
Organization Overview
Abraham J & Phyllis Katz Foundation Ua 060794 is located in Newnan, GA. The organization was established in 1994. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abraham J & Phyllis Katz Foundation Ua 060794 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, Abraham J & Phyllis Katz Foundation Ua 060794 generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $7.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Abraham J & Phyllis Katz Foundation Ua 060794 has awarded 310 individual grants totaling $55,298,436. 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.
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 |
|---|---|---|---|
Alexander S Katz Trustee | 10 | $0 | |
David Katz Trustee | 10 | $0 | |
Ellen B Doft Trustee | 10 | $0 | |
David Katz-Doft Trustee | 10 | $0 | |
David Woolf Executive Director | 40 | $130,000 | |
Barbara Saunders Grants/program Manag | 40 | $70,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,899 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,291,007 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,844,448 |
| Capital Gain Net Income | $2,844,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,143,354 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $200,000 |
| Pension plans, employee benefits | $13,827 |
| Interest | $0 |
| Taxes | $40,308 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,313 |
| Printing and publications | $0 |
| Other expenses | $28,774 |
| Total operating and administrative expenses | $366,858 |
| Contributions, gifts, grants paid | $7,478,126 |
| Total expenses and disbursements | $7,844,984 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $534,232 |
| 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 | $41,957,814 |
| 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, Abraham J & Phyllis Katz Foundation Ua 060794 has awarded $7,478,126 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: BIOMEDICAL EQUIPMENT AND OPERATIONS | $50,000 |
ATLANTA COMMUNITY FOOD BANK PURPOSE: GENERAL OPERATING | $145,000 |
ATLANTA MUSIC PROJECT PURPOSE: GENERAL OPERATING | $75,000 |
ATLANTA RONALD MCDONALD HOUSE CHARITIES PURPOSE: PROGRAM SUPPORT | $50,000 |
ATLANTA SPEECH SCHOOL PURPOSE: SCIENCE OF READING PROJECT | $96,250 |
BACKSTREET COMMUNITY ARTS PURPOSE: ORGANIZATIONAL STABILITY CONSULTATION, GENERAL OPERATING | $52,000 |