Irving B Kahn Foundation
- Assets
- $422.2k
- Revenue
- $8.4k
- Investments
- $405.2k
- Employees
- 0
- Location
- Chester, NJ
- Founding
- 06/1982
- Data as of
- 11/2023
- EIN
- 13-3150036
Organization Overview
Irving B Kahn Foundation is located in Chester, NJ. The organization was established in 1982. 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. Irving B Kahn 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 11/2023, Irving B Kahn Foundation generated $8.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $23.2k during the year ending 11/2023. While expenses have increased by 13.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geoffrey R Gersten Secretary | 2 | $0 | |
Beth H Gersten President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,086 |
| Dividends & Interest | $5,918 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,592 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $70 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,412 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,266 |
| Total operating and administrative expenses | $10,266 |
| Contributions, gifts, grants paid | $12,900 |
| Total expenses and disbursements | $23,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,964 |
| 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 | $154,434 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $422,150 |
| 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, Irving B Kahn Foundation has awarded $12,900 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN IN THE VISUAL ARTS PURPOSE: TUITION ASSISTANCE | $1,000 |
SHARE PURPOSE: RESEARCH | $2,000 |
ROULETTE INTERMEDIUM INC PURPOSE: GRANT | $2,000 |
MONTCLAIR SCHOLARSHIP FUND PURPOSE: SCHOLARSHIP | $1,700 |
ST JUDE CHILDRENS HOSPITAL PURPOSE: RESEARCH | $1,000 |
MPAC PURPOSE: GENERAL SUPPORT | $1,200 |