The Joukowsky Family Foundation
- Assets
- $32.1m
- Revenue
- $1.2m
- Investments
- $31.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/1985
- Data as of
- 10/2023
- EIN
- 13-3242753
Organization Overview
The Joukowsky Family Foundation is located in New York, NY. The organization was established in 1985. 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. Joukowsky Family 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, Joukowsky Family Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.1m during the year ending 10/2023. While expenses have increased by 9.4% per year over the past 6 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.
Since 2018, Joukowsky Family Foundation has awarded 146 individual grants totaling $5,580,448. 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 |
|---|---|---|---|
Nina Joukowsky Koprulu President | 40 | $130,028 | |
Michael W Joukowsky Chairman Of The Board | 3 | $0 | |
Oliver Joukowsky Governor | 3 | $0 | |
Elena Haworth Joukowsky Governor | 3 | $0 | |
Sureya Koprulu Governor | 3 | $0 | |
Mark Zarcaro Executive Director | 40 | $88,541 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $17,492 |
| Dividends & Interest | $632,475 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $384,813 |
| Capital Gain Net Income | $340,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $196,541 |
| Total Revenue | $1,231,321 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $218,569 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $136,318 |
| Interest | $157,992 |
| Taxes | $2,248 |
| Depreciation | $10,481 |
| Occupancy | $55,983 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,191 |
| Total operating and administrative expenses | $685,507 |
| Contributions, gifts, grants paid | $1,365,000 |
| Total expenses and disbursements | $2,050,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $227,508 |
| Net Accounts receivable | $73,434 |
| 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 | $13,388 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $4,855,472 |
| Net Land, buildings, and equipment | $32,690 |
| Other assets | $0 |
| Total assets | $32,071,590 |
| Accounts payable and accrued expenses | $3,070 |
| 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 | $2,244,425 |
| Total liabilities | $2,247,495 |
Grants Awarded
Over the last fiscal year, The Joukowsky Family Foundation has awarded $1,365,000 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMUNITY SCHOOL AT BEIRUT PURPOSE: GENERAL SUPPORT | $111,000 |
AMERICAN RESEARCH INSTITUTE IN TURKEY PURPOSE: GENERAL SUPPORT | $20,000 |
AMERICAN TURKISH SOCIETY PURPOSE: GENERAL SUPPORT | $10,000 |
BROWN UNIVERSITY PURPOSE: THE CAROLAN FAMILY FOOTBALL ENDOWMENT | $5,000 |
MILLBROOK SCHOOL PURPOSE: GENERAL SUPPORT | $11,000 |
HUNTINGTON THEATRE COMPANY PURPOSE: GENERAL SUPPORT | $7,500 |