Hyman And Ann Arbesfeld Foundation Inc
- Assets
- $13.0m
- Revenue
- $655.3k
- Investments
- $13.0m
- Employees
- 0
- Location
- Kew Gardens, NY
- Founding
- 03/1985
- Data as of
- 11/2023
- EIN
- 13-3253358
Organization Overview
Hyman And Ann Arbesfeld Foundation Inc is located in Kew Gardens, 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. Hyman And Ann Arbesfeld Foundation Inc 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, Hyman And Ann Arbesfeld Foundation Inc generated $655.3k 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 (20.7%) each year. All expenses for the organization totaled $1.2m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hyman And Ann Arbesfeld Foundation Inc has awarded 266 individual grants totaling $4,564,234. 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 |
|---|---|---|---|
Ann Arbesfeld President | 1 | $0 | |
Dr Benjamin Arbesfeld Vice President | 1 | $0 | |
Michelle Arbesfeld Salig Vice President | 1 | $0 | |
David Arbesfeld Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $192,841 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $462,429 |
| Capital Gain Net Income | $462,429 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $655,270 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $850 |
| Taxes | $52,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $753 |
| Total operating and administrative expenses | $54,103 |
| Contributions, gifts, grants paid | $1,108,469 |
| Total expenses and disbursements | $1,162,572 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,000 |
| 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 | $12,957,465 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,967,465 |
| Accounts payable and accrued expenses | $922,341 |
| 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 | $922,341 |
Grants Awarded
Over the last fiscal year, Hyman And Ann Arbesfeld Foundation Inc has awarded $1,108,469 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
4747 CHARITY CORP PURPOSE: GENERAL SUPPORT | $2,800 |
AMERICAN COMMITTEE FOR SHAARE ZEDK HOSPITAL PURPOSE: GENERAL SUPPORT | $51,000 |
AMERICAN FRIENDS OF ATEERET-COHANIM PURPOSE: GENERAL SUPPORT | $10,000 |
AISH KODESH PURPOSE: GENERAL SUPPORT | $500 |
AMERICAN FRIENDS OF SHALVA PURPOSE: GENERAL SUPPORT | $5,000 |
AMERICAN FRIENDS OF LEMAAN ACHAI PURPOSE: GENERAL SUPPORT | $5,000 |