The Blumenfeld Family Foundation
- Assets
- $137.3k
- Revenue
- $232.4k
- Investments
- $29.2k
- Employees
- 0
- Location
- Teaneck, NJ
- Founding
- 07/1985
- Data as of
- 10/2023
- EIN
- 13-3263128
Organization Overview
The Blumenfeld Family Foundation is located in Teaneck, NJ. 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. Blumenfeld 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, Blumenfeld Family Foundation generated $232.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $181.4k during the year ending 10/2023. While expenses have increased by 13.2% per year over the past 5 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, Blumenfeld Family Foundation has awarded 281 individual grants totaling $615,048. 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 |
|---|---|---|---|
Howard Blumenfeld Secretary Tr | 0 | $0 | |
Lois Blumenfeld President | 0 | $0 | |
Saul Kaszovitz Officer | 0 | $0 | |
Rachelle Margulies Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $222,950 |
| Interest on Savings | $8,147 |
| Dividends & Interest | $1,309 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $232,406 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $133 |
| Total operating and administrative expenses | $1,250 |
| Contributions, gifts, grants paid | $180,116 |
| Total expenses and disbursements | $181,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,072 |
| Savings and temporary cash investments | $0 |
| 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 | $29,224 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $137,296 |
| 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, The Blumenfeld Family Foundation has awarded $180,116 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF TORA & TEFILLAH PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $1,000 |
KOLLEL OF PASSAIC PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $540 |
YAD ELIEZER PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $540 |
AGUDATH ISRAEL OF AMERICA PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $1,800 |
AMERICAN FRIENDS OF LEKET YISROEL PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $5,181 |
AMER COMMITTEE WEITZMANN INS PURPOSE: DONEES UNRESTRICTED EXEMPT PURPOSES | $100 |