The Daniel E And Joyce G Straus Family Foundation
- Assets
- $77.3m
- Revenue
- $5.1m
- Investments
- $60.0m
- Employees
- 0
- Location
- Fort Lee, NJ
- Founding
- 02/1998
- Data as of
- 09/2023
- EIN
- 13-3913231
Organization Overview
The Daniel E And Joyce G Straus Family Foundation is located in Fort Lee, NJ. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Daniel E And Joyce G Straus 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 09/2023, Daniel E And Joyce G Straus Family Foundation generated $5.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $4.5m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Daniel E And Joyce G Straus Family Foundation has awarded 342 individual grants totaling $15,040,870. 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 |
|---|---|---|---|
Daniel E Straus President/director | 1 | $0 | |
Joyce G Straus Vice President | 1 | $0 | |
Moshael J Straus Sec / Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $312,164 |
| Dividends & Interest | $4,774,320 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$342,530 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $375,034 |
| Total Revenue | $5,118,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $142,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $179,332 |
| Total operating and administrative expenses | $344,744 |
| Contributions, gifts, grants paid | $4,131,909 |
| Total expenses and disbursements | $4,476,653 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,275,182 |
| 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 | $15,739,923 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $77,257,601 |
| 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 Daniel E And Joyce G Straus Family Foundation has awarded $4,141,909 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMITTEE SHAARE ZEDEK MEDICAL CENTER IN JERUSALEM PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $4,600 |
AMERICAN FRIENDS OF SHALVA PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $11,000 |
AMIT CHILDREN PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $500 |
AMERICAN FRIENDS OF BAT MELECH PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $3,600 |
BEN PORAT YOSEF PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $10,000 |
BIGVISION FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT- UNRESTRICTED | $1,800 |