Neuman Fam Foundation Tr
- Assets
- $402.7k
- Revenue
- $19.7k
- Investments
- $106.8k
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- 11/1996
- Data as of
- 12/2022
- EIN
- 11-6472710
Organization Overview
Neuman Fam Foundation Tr is located in Lawrence, NY. The organization was established in 1996. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Neuman Fam Foundation Tr 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, Neuman Fam Foundation Tr generated $19.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.9%) each year. All expenses for the organization totaled $89.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Neuman Fam Foundation Tr has awarded 73 individual grants totaling $231,059. 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 |
|---|---|---|---|
William Neuman Trustee | 0 | $0 | |
Miriam Neuman Trustee | 0 | $0 | |
Gladys Neuman Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,227 |
| Interest on Savings | $2,175 |
| Dividends & Interest | $3,688 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,426 |
| Capital Gain Net Income | $8 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,664 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $247 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,208 |
| Total operating and administrative expenses | $1,455 |
| Contributions, gifts, grants paid | $88,073 |
| Total expenses and disbursements | $89,528 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $285,865 |
| 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 | $10,000 |
| 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 | $402,654 |
| 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, Neuman Fam Foundation Tr has awarded $88,073 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS MEDRASH AVRAHAM ZEV PURPOSE: SYNAGAUGE | $2,000 |
YESHIVA BERACHEL DOVID PURPOSE: EDUCATIONAL | $12,500 |
TOARH ACADEMY FOR GIRLS PURPOSE: EDUCATION | $100 |
KEHILAT SEPHARDIM PURPOSE: CHARITABLE | $12,500 |
EREV OF 5 TOWNS PURPOSE: CHARITABLE | $100 |
CONG OHEL YITZCHOK PURPOSE: SYNAGOGUE | $180 |