Knafel Family Foundation
- Assets
- $0.0
- Revenue
- $1.8m
- Investments
- $327.7k
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/1995
- Data as of
- 12/2021
- EIN
- 13-3779562
Organization Overview
Knafel Family Foundation is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Knafel 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 12/2021, Knafel Family Foundation generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Londa Weisman President | 0 | $0 | |
Douglas R Knafel Director | 0 | $0 | |
Andrew G Knafel Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $803 |
| Dividends & Interest | $63,984 |
| Profit on Inventory Sales | $0 |
| Other Income | $308,286 |
| Total Revenue | $1,791,186 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $95,422 |
| Contributions, gifts, grants paid | $2,895,000 |
| Total expenses and disbursements | $2,990,422 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$161,586 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $15,272,501 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |