Targoff Family Foundation
- Assets
- $2.7m
- Revenue
- $45.5k
- Investments
- $2.5m
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 13-3889895
Organization Overview
Targoff Family Foundation is located in Jupiter, FL. The organization was established in 1996. 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. Targoff 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.
Since 2015, Targoff Family Foundation has awarded 91 individual grants totaling $942,654. 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
CHARITABLE CONTRIBUTIONS TO INSTITUTIONS INVOLVED IN PROMOTING EDUCATION AND MEDICAL RESEARCH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Targoff Director | 1 | $0 | |
Ramie Targoff Director | 1 | $0 | |
Jason Targoff Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13,891 |
| Dividends & Interest | $29,402 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13 |
| Capital Gain Net Income | $13 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,174 |
| Total Revenue | $45,480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $239 |
| Taxes | $397 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,225 |
| Total operating and administrative expenses | $6,861 |
| Contributions, gifts, grants paid | $149,200 |
| Total expenses and disbursements | $156,061 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $135,952 |
| 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 | $40 |
| 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 | $2,657,666 |
| Accounts payable and accrued expenses | $2,750 |
| 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 | $2,750 |
Grants Awarded
Over the last fiscal year, Targoff Family Foundation has awarded $149,200 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
EISENHOWER MEDICAL CENTER PURPOSE: CHARITABLE | $50,000 |
CANCER RESEARCH INSTITUTE PURPOSE: CHARITABLE | $77,500 |
LYMPHOMA RESEARCH FOUNDATION PURPOSE: CHARITABLE | $10,000 |
HOOP DYNASTY PURPOSE: CHARITABLE | $500 |
COLUMBIA UNIVERSITY PURPOSE: CHARITABLE | $5,000 |
LEUKEMIA & LYMPHOMA SOCIETY PURPOSE: CHARITABLE | $1,200 |