Ronald S Lauder Foundation
- Assets
- $125.5m
- Revenue
- $11.4m
- Investments
- $87.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1988
- Data as of
- 12/2022
- EIN
- 13-3445910
Organization Overview
Ronald S Lauder Foundation is located in New York, NY. The organization was established in 1988. 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. Ronald S Lauder 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 12/2022, Ronald S Lauder Foundation generated $11.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $19.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
E LEARNING ACADEMY
JCOMMUNITY. THERE ARE APPROXIMATELY 110, 16-20 YEAR STUDENTS WHO ARE ACTIVELY ENGAGED IN SHABBATONIM (WEEKEND SEMINARS) IN BERLIN, WHICH OFFER ON-LINE EDUCATIONAL PROGRAMS INCLUDING CLASSES IN JUDAISM AND HEBREW AND WINTER AND SUMMER TRIPS IN EUROPE, ISRAEL AND AMERICA. JACADEMY. 7 YOUNG JEWS (AGED 18-25) ARE ENROLLED IN A FULL-TIME, ONE YEAR GAP YEAR. JACADEMY IS BASED IN BERLIN WITH FELLOWS ALSO SPENDING SIGNIFICANT TIME OVER THE COURSE OF THE YEAR IN NEW YORK/WASHINGTON DC (2 WEEKS), ISRAEL (7 WEEKS) AND LONDON (4 WEEKS). THE PROGRAM CONSISTS OF 4 LEARNING SEMESTERS WHERE MORNINGS ARE SPENT LEARNING ABOUT TOPICS RELATING TO JUDAISM AND ITS CONTEMPORARY RELEVANCE, AND AFTERNOONS CONSISTING OF A SERIES OF COURSES AND SEMINARS BUILDING SOFT SKILLS AND ALSO DEVELOPING COMPETENCE IN BUSINESS ENGLISH AND HEBREW. BETWEEN LEARNING SEMESTERS FELLOWS PARTICIPATE IN THREE INTERNSHIPS IN BERLIN, ISRAEL AND LONDON.
LAUDER BETH ZION SCHOOL. 122 CHILDREN BETWEEN GRADES 1-12 ARE CURRENTLY ENROLLED AT THE LAUDER BETH ZION SCHOOL. THE SCHOOL, LED BY A SENIOR MANAGEMENT TEAM FROM THE FOUNDATION, CONTINUES TO GROW SIGNIFICANTLY YEAR-ON-YEAR ATTTRIBUTABLE TO BOTH THE YOUNG COMMUNITY AND THE INCREASING POPULARITY OF THE SCHOOL.
LAUDER NITZAN KINDERGARTEN. THE KINDERGARTEN HAS 95 CHILDREN ENROLLED BETWEEN THE AGES OF 1-5 THE KINDERGARTEN ALSO HAS A WAITING LIST THAT, HAVING BUILT A NEW, EXPANDED FACILITY, WILL ALLOW TO GROW THE KINDERGARTEN FURTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Tuite VP Fin/tre/sec | 5 | $0 | |
Jo Carole Lauder Director | 1 | $0 | |
Richard Parsons Director | 1 | $0 | |
Ronald S Lauder Chairman & Pres | 2 | $0 | |
Micki Edelson Director | 1 | $0 | |
Malcolm Hoenlein Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bencivenga Ward & Co Cpas | 12/30/22 | $231,017 |
Dr George Ban | 12/30/22 | $106,666 |
Sdema Group Ltd | 12/30/22 | $750,000 |
Miriam Barkai | 12/30/22 | $159,627 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,180,337 |
| Interest on Savings | $37,519 |
| Dividends & Interest | $1,492,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,191,197 |
| Capital Gain Net Income | $4,995,854 |
| Net ST Capital Gain | $5,148,330 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $884,803 |
| Total Revenue | $11,404,418 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $750,000 |
| Other employee salaries and wages | $4,454,712 |
| Pension plans, employee benefits | $1,037,015 |
| Interest | $248,785 |
| Taxes | -$137,604 |
| Depreciation | $886,061 |
| Occupancy | $2,116,372 |
| Travel, conferences, and meetings | $1,024,170 |
| Printing and publications | $19,690 |
| Other expenses | $1,050,706 |
| Total operating and administrative expenses | $12,662,705 |
| Contributions, gifts, grants paid | $7,236,328 |
| Total expenses and disbursements | $19,899,033 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,012,095 |
| Savings and temporary cash investments | $5,849,172 |
| Net Accounts receivable | $66,320 |
| 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 | $29,258 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,615,659 |
| Net Land, buildings, and equipment | $30,813,038 |
| Other assets | $13,014 |
| Total assets | $125,494,129 |
| Accounts payable and accrued expenses | $1,359,559 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $13,540,369 |
| Other liabilities | $433,014 |
| Total liabilities | $15,332,942 |