Robert & Joyce Menschel Foundation

Organization Overview

Robert & Joyce Menschel Foundation is located in New York, NY. The organization was established in 1963. 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. Robert & Joyce Menschel 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 10/2022, Robert & Joyce Menschel Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $1.4m during the year ending 10/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Robert & Joyce Menschel Foundation has awarded 262 individual grants totaling $3,077,450. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. ITS PRIMARY PURPOSE IS TO SUPPORT, BY CONTRIBUTIONS, OTHER ORGANIZATIONS EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3).


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $720
Dividends & Interest $1,043,398
Net Rental Income$0
Net Gain on Sale of Assets $283,034
Capital Gain Net Income $283,034
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,000
Total Revenue $1,332,152

Grants Awarded

Over the last fiscal year, Robert & Joyce Menschel Foundation has awarded $1,426,600 in support to 120 organizations.

Grant RecipientAmount

NEW YORK CITY COMMUNITY TRUST

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$400,000

METROPOLITAN MUSEUM OF ART

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$135,000

PHIPPS NEIGHBORHOODS

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$125,000

LENOX HILL NEIGHBORHOOD HOUSE

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$50,000

MEMORIAL SLOAN KETTERING CANCER CENTER

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$50,000

FOOD BANK FOR NEW YORK CITY

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL/UNRESTRICTED SUPPORT

$25,000
View Grant Profile

Peer Organizations

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