Charles S Raizen Fdn Inc
- Assets
- $3.7m
- Revenue
- $479.6k
- Investments
- $3.1m
- Employees
- 0
- Location
- Scarsdale, NY
- Founding
- 07/1946
- Data as of
- 12/2022
- EIN
- 13-6122579
Organization Overview
Charles S Raizen Fdn Inc is located in Scarsdale, NY. The organization was established in 1946. 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. Charles S Raizen Fdn 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 12/2022, Charles S Raizen Fdn Inc generated $479.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $210.6k during the year ending 12/2022. While expenses have increased by 6.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Charles S Raizen Fdn Inc has awarded 187 individual grants totaling $438,090. 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 |
|---|---|---|---|
Jill Serling Co-Pres.-As Req | 0 | $0 | |
David Raizen Co-Pres-As Req | 0 | $0 | |
Robert Serling Treas-As Req | 0 | $0 | |
Spencer Serling Vice Pres-As Req | 0 | $0 | |
Austin Serling Secty-As Req | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,564 |
| Dividends & Interest | $131,388 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $341,614 |
| Capital Gain Net Income | $341,614 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $479,566 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,990 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26,799 |
| Total operating and administrative expenses | $64,789 |
| Contributions, gifts, grants paid | $145,850 |
| Total expenses and disbursements | $210,639 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,859 |
| Savings and temporary cash investments | $592,548 |
| 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 | $3,683,668 |
| 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, Charles S Raizen Fdn Inc has awarded $145,850 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
ALS ASSOCIATION GREATER NY CHAPTER PURPOSE: MEDICAL RESEARCH | $250 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: MEDICAL CARE | $7,500 |
ALLIANCE FOR CANCER GENE THERAPY PURPOSE: MEDICAL RESEARCH | $5,000 |
ALZHEIMERS ASSOC ROCKLANDWESTCHESTER PURPOSE: MEDICAL RESEARCH | $1,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: FIGHTING ANTISEMITISM & HATRED | $10,000 |
AMERICAN FRIENDS OF ISRAEL SPORTS CENTER FOR THE DISABLED PURPOSE: SUPPORTING CHILDREN WITH DISABILITIES | $1,500 |