The Richard And Natalie Jacoff Foundation Inc is located in Seven Times Sq NY, NY. The organization was established in 1986. According to its NTEE Classification (G20) the organization is classified as: Birth Defects & Genetic Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard And Natalie Jacoff 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 12/2022, Richard And Natalie Jacoff Foundation Inc generated $665.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $650.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Richard And Natalie Jacoff Foundation Inc has awarded 116 individual grants totaling $1,978,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter S Hawkins Director | 0.1 | $0 | |
Steven F Wasserman Director | 0.1 | $0 | |
Rachel Mildred Jacoff Dir/president | 0.5 | $0 | |
Kenneth R Asher Dir/vp/sec/cfo | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $31 |
Dividends & Interest | $171,114 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $419,825 |
Capital Gain Net Income | $420,643 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $74,028 |
Total Revenue | $664,998 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,243 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $39,123 |
Total operating and administrative expenses | $41,366 |
Contributions, gifts, grants paid | $609,000 |
Total expenses and disbursements | $650,366 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $42,560 |
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 | $9,579,618 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $9,622,178 |
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 |
Over the last fiscal year, The Richard And Natalie Jacoff Foundation Inc has awarded $609,000 in support to 39 organizations.
Grant Recipient | Amount |
---|---|
THE BOGLIASCO FOUNDATION INC PURPOSE: OPERATIONS | $10,000 |
RADCLIFFE INSTITUTE PURPOSE: OPERATIONS | $5,000 |
BOSTON EARLY MUSIC FESTIVAL PURPOSE: OPERATIONS | $5,000 |
JOHN SIMON GUGGENHEIM MEMORIAL FDN PURPOSE: OPERATIONS | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: OPERATIONS | $25,000 |
SAVE VENICE INC PURPOSE: OPERATIONS | $2,000 |