Grunbaum Family Fund
- Assets
- $889.5k
- Revenue
- $682.1k
- Investments
- $882.8k
- Employees
- 0
- Location
- Katonah, NY
- Founding
- 05/1962
- Data as of
- 10/2023
- EIN
- 13-6112767
Organization Overview
Grunbaum Family Fund is located in Katonah, NY. The organization was established in 1962. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Grunbaum Family Fund 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 10/2023, Grunbaum Family Fund generated $682.1k in total revenue. All expenses for the organization totaled $20.2k during the year ending 10/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Grunebaum Director | 2 | $0 | |
Ernest Grunebaum Director | 2 | $0 | |
George Grunebaum Director | 2 | $0 | |
Lauren Grunebaum Director | 2 | $0 | |
Nicole G Orliange Director | 2 | $0 | |
Edward Grunebaum Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $664,088 |
| Capital Gain Net Income | $664,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $682,088 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,452 |
| Total operating and administrative expenses | $7,829 |
| Contributions, gifts, grants paid | $12,350 |
| Total expenses and disbursements | $20,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,762 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $889,546 |
| 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 | $33,672 |
| Total liabilities | $33,672 |
Grants Awarded
Over the last fiscal year, Grunbaum Family Fund has awarded $12,350 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE BETH EL PURPOSE: GENERAL PURPOSE | $2,700 |
CENTRAL SYNAGOGUE OF NEW YORK PURPOSE: GENERAL PURPOSE | $1,800 |
DARTMOUTH COLLEGE PURPOSE: GENERAL PURPOSE | $250 |
MICHAEL J FOX FOUNDATION PURPOSE: GENERAL PURPOSE | $1,000 |
UNION OF REORM JUDAISM PURPOSE: GENERAL PURPOSE | $250 |
ORLEANS FIREBIRDS PURPOSE: GENERAL PURPOSE | $250 |