Haddad Brands Foundation
- Assets
- $2.9m
- Revenue
- $1.0m
- Investments
- $1.8m
- Employees
- 0
- Location
- Dayton, NJ
- Founding
- 03/1962
- Data as of
- 12/2022
- EIN
- 13-6126372
Organization Overview
Haddad Brands Foundation is located in Dayton, NJ. The organization was established in 1962. 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. Haddad Brands 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 12/2022, Haddad Brands Foundation generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Haddad Brands Foundation has awarded 232 individual grants totaling $5,692,858. 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 |
|---|---|---|---|
Edward Haddad Member | 1 | $0 | |
Richard Haddad Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,005,000 |
| Interest on Savings | $935 |
| Dividends & Interest | $72,866 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$106,405 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $39,238 |
| Total Revenue | $1,011,634 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,604 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,604 |
| Contributions, gifts, grants paid | $1,504,715 |
| Total expenses and disbursements | $1,509,319 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $269,905 |
| Savings and temporary cash investments | $821,925 |
| 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 | $15,811 |
| Total assets | $2,877,502 |
| 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, Haddad Brands Foundation has awarded $1,504,715 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVA BABY PURPOSE: BENEFIT OF THE COMMUNITY | $10,000 |
BARKAI YESHIVAH PURPOSE: BENEFIT OF THE COMMUNITY | $10,000 |
BONEI OLAM PURPOSE: BENEFIT OF THE COMMUNITY | $5,000 |
CARE FOR SPECIAL CHILDREN PURPOSE: BENEFIT OF THE COMMUNITY | $2,600 |
CHABAD OF THE SHORE PURPOSE: BENEFIT OF THE COMMUNITY | $3,600 |
CHAI LIFELINE PURPOSE: BENEFIT OF THE COMMUNITY | $2,000 |