Laura And Ronald H Hoenig Foundation Inc
- Assets
- $33.0k
- Revenue
- $35.0k
- Investments
- $17.5k
- Employees
- 0
- Location
- Bedford Corners, NY
- Founding
- 09/1985
- Data as of
- 12/2023
- EIN
- 13-3278825
Organization Overview
Laura And Ronald H Hoenig Foundation Inc is located in Bedford Corners, 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. Laura And Ronald H Hoenig 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 12/2023, Laura And Ronald H Hoenig Foundation Inc generated $35.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $42.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laura And Ronald H Hoenig Foundation Inc has awarded 70 individual grants totaling $209,906. 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 |
|---|---|---|---|
Laura Hoenig Director/presid | 1 | $0 | |
Kathryn Hoenig Director/secret | 1 | $0 | |
Ronald H Hoenig Jr Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,422 |
| Interest on Savings | $75 |
| Dividends & Interest | $711 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,801 |
| Capital Gain Net Income | $30,833 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $35,009 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $83 |
| Total operating and administrative expenses | $8,640 |
| Contributions, gifts, grants paid | $33,650 |
| Total expenses and disbursements | $42,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,539 |
| 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 | $481 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,989 |
| 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, Laura And Ronald H Hoenig Foundation Inc has awarded $33,650 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BY KIDS INC PURPOSE: GENERAL | $4,000 |
DUKE UNIVERSITY PURPOSE: GENERAL | $10,000 |
SARATOGA COUNTY HISTORY CENTER PURPOSE: GENERAL | $5,000 |
MIANUS RIVER GORGE PURPOSE: GENERAL | $8,000 |
ADIRONDACK COUNCIL PURPOSE: GENERAL | $500 |
RANSOM EVERGLADES PURPOSE: GENERAL | $3,000 |