The Joseph H Flom Foundation
- Assets
- $376.7k
- Revenue
- $292.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/1989
- Data as of
- 12/2022
- EIN
- 13-3499384
Organization Overview
The Joseph H Flom Foundation is located in New York, NY. The organization was established in 1989. 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. Joseph H Flom 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, Joseph H Flom Foundation generated $292.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $6.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Joseph H Flom Foundation has awarded 496 individual grants totaling $63,039,987. 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 |
|---|---|---|---|
Name Not Listed President And Director | 1 | $0 | |
Name Not Listed Vice President And Director | 1 | $0 | |
Name Not Listed Treasurer And Director | 1 | $0 | |
Name Not Listed Secretary, Assistant Treasurer, And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,328 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $274,394 |
| Capital Gain Net Income | $274,394 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $292,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $56,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,605 |
| Total operating and administrative expenses | $145,655 |
| Contributions, gifts, grants paid | $5,975,921 |
| Total expenses and disbursements | $6,121,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $376,697 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $376,697 |
| 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 Joseph H Flom Foundation has awarded $3,634,681 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA-ISRAEL FRIENDSHIP LEAGUE INC PURPOSE: IN SUPPORT OF FALL 2022 PARTNERS FOR DEMOCRACY AWARD GALA | $10,000 |
THE ARMORY FOUNDATION PURPOSE: CONTINUE TO SUPPORT PROGRAMS THAT HELP STUDENTS DEVELOP A LIFELONG LOVE OF, AND COMMITMENT TO, BOTH EXERCISE AND LEARNING | $150,000 |
BANK STREET COLLEGE OF EDUCATION PURPOSE: TO SUPPORT BANK STREET'S CENTER ON CULTURE, RACE & EQUITY PROJECTS BY DOUBLING THE NUMBER OF PARTICIPANTS AND BOLSTERING EFFORTS TO MARKET THE COLLECTIVE TO A WIDER AUDIENCE, AS WELL AS ALLOCATINA RESOURCES TO RECRUIT STAFF | $50,000 |
ASSOCIATION TO BENEFIT CHILDREN PURPOSE: TO CONTINUE SUPPORT OF EARLY CHILDHOOD MENTAL HEALTH CONSULTING AND TREATMENT FOR CHILDREN FROM BIRTH UNTIL 8 YEARS OF AGE | $100,000 |
BOOK TRUST PURPOSE: TO PROVIDE TWO TO THREE FREE BOOKS OF A CHILD'S OWN CHOOSING EVERY MONTH TO 1,260 PRE-K TO 3RD GRADERS IN SEVEN HIGH NEEDS SCHOOL | $50,000 |
BROOKLYN BOTANIC GARDEN CORPORATION PURPOSE: SUPPORT OF PROJECT GREEN REACH | $25,000 |