Bernard M Twersky Foundation
- Assets
- $277.2k
- Revenue
- $16.9k
- Investments
- $257.8k
- Employees
- 0
- Location
- Jamaica, NY
- Founding
- 06/1981
- Data as of
- 10/2023
- EIN
- 13-3016544
Organization Overview
Bernard M Twersky Foundation is located in Jamaica, NY. The organization was established in 1981. 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. Bernard M Twersky 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 10/2023, Bernard M Twersky Foundation generated $16.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $68.9k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bernard M Twersky Foundation has awarded 128 individual grants totaling $437,565. 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 |
|---|---|---|---|
Julius Berman Trustee | 0 | $0 | |
Saul Roth Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $7,409 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,454 |
| Capital Gain Net Income | $9,398 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,864 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $441 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,512 |
| Total operating and administrative expenses | $5,153 |
| Contributions, gifts, grants paid | $63,780 |
| Total expenses and disbursements | $68,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,066 |
| Savings and temporary cash investments | $389 |
| 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 | $277,222 |
| 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, Bernard M Twersky Foundation has awarded $63,780 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
YESHIVA UNIVERSITY PURPOSE: CHARITABLE | $25,000 |
YESHIVA BAIS BINYAMIN PURPOSE: CHARITABLE | $4,180 |
MAAYANOT HS FOR GIRLS PURPOSE: CHARITABLE | $2,000 |
OR YECHIEL PURPOSE: CHARITABLE | $500 |
EZRA ACADEMY PURPOSE: CHARITABLE | $1,000 |
YESHIVA BAIS MORDECHAI PURPOSE: CHARITABLE | $250 |