J M Kaplan Fund Inc is located in New York, NY. The organization was established in 1950. 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. J M Kaplan Fund Inc 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, J M Kaplan Fund Inc generated $9.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (44.7%) each year. All expenses for the organization totaled $12.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, J M Kaplan Fund Inc has awarded 1,804 individual grants totaling $43,893,703. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
THE INNOVATION PRIZE BRINGS THE AWARDEES TOGETHER FOR TWO CONVENINGS EACH YEAR. EACH OF THESE MEETINGS, SPOTLIGHTING A DIFFERENT AWARDEE'S ORGANIZATION, OFFERS OPPORTUNITIES FOR PEER LEARNING AND MENTORING FROM EXPERTS IN ORGANIZATIONAL DEVELOPMENT, BOARD CULTIVATION, MEDIA COACHING, LEADERSHIP TRAINING, AND MORE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Peter Davidson Chairman | 5 | $8,000 | |
Joan Davidson Trustee | 5 | $4,000 | |
J Matthew Davidson Trustee | 5 | $8,000 | |
Brad Davidson Trustee | 5 | $8,000 | |
Elizabeth Davidson Pickering Trustee | 5 | $8,000 | |
Caio Fonseca Trustee | 5 | $6,000 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Social Strategy Associates Inc | 12/30/22 | $182,200 |
Prime Bucholz | 12/30/22 | $114,895 |
William Raynolds | 12/30/22 | $93,667 |
Anthony Wood | 12/30/22 | $84,000 |
Brandywine Management Co | 12/30/22 | $71,869 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $811 |
Dividends & Interest | $1,327,883 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,855,024 |
Capital Gain Net Income | $6,398,602 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $37,057 |
Total Revenue | $9,220,775 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $355,500 |
Other employee salaries and wages | $498,558 |
Pension plans, employee benefits | $246,194 |
Interest | $9,854 |
Taxes | $132,684 |
Depreciation | $218,992 |
Occupancy | $385,223 |
Travel, conferences, and meetings | $198,919 |
Printing and publications | $0 |
Other expenses | $1,125,971 |
Total operating and administrative expenses | $3,789,337 |
Contributions, gifts, grants paid | $8,687,710 |
Total expenses and disbursements | $12,477,047 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $500 |
Savings and temporary cash investments | $12,250,723 |
Net Accounts receivable | $1,464 |
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 | $13,352 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $160,216,960 |
Net Land, buildings, and equipment | $624,501 |
Other assets | $565,687 |
Total assets | $173,673,187 |
Accounts payable and accrued expenses | $62,493 |
Grants payable | $7,577,415 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $982,528 |
Total liabilities | $8,622,436 |
Over the last fiscal year, J M Kaplan Fund Inc has awarded $12,477,374 in support to 535 organizations.
Grant Recipient | Amount |
---|---|
ACLU OF ALABAMA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ADIRONDACK EXPLORER - GETTING THE WORD OUT INC PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
ADIRONDACK LAND TRUST PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
AMANDA JAMES PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
ACADEMY FOUNDATION-ACADEMYMUSEUM OF MOTION PICTURES PURPOSE: GENERAL OPERATING SUPPORT | $6,500 |
AMERICAN CHESTNUT FOUNDATION PURPOSE: GENERAL OPERATING SUPPORT | $500 |