Stanley And Kathleen Grumbacher Foundation Inc
- Assets
- $0.0
- Revenue
- $261.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Nyc, NY
- Founding
- 10/1957
- Data as of
- 04/2022
- EIN
- 13-6161277
Organization Overview
Stanley And Kathleen Grumbacher Foundation Inc is located in Nyc, NY. The organization was established in 1957. 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. Stanley And Kathleen Grumbacher Foundation 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 04/2022, Stanley And Kathleen Grumbacher Foundation Inc generated $261.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $319.2k during the year ending 04/2022. While expenses have increased by 4.0% per year over the past 6 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 2017, Stanley And Kathleen Grumbacher Foundation Inc has awarded 43 individual grants totaling $1,113,505. 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 |
|---|---|---|---|
Amy Churgin President & CEO | 0 | $0 | |
Gary Churgin V Pres | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $85,684 |
| Interest on Savings | $0 |
| Dividends & Interest | $61,252 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,385 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $50,489 |
| Contributions, gifts, grants paid | $268,725 |
| Total expenses and disbursements | $319,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,049,853 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stanley And Kathleen Grumbacher Foundation Inc has awarded $268,725 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MISC ORGANIZED CHARITIES PURPOSE: GENERAL | $1,000 |
MANHATTAN THEARE CLUB PURPOSE: GENERAL | $50,000 |
UPPER VALLEY JEWISH COMMUNTY CENTER PURPOSE: GENERAL | $2,700 |
PARK AVE SYNAGOGUE PURPOSE: GENERAL | $25,025 |
UJA-FEDERATION OF NY PURPOSE: GENERAL | $50,000 |
METROPOLITAN MUSEUM OF ART PURPOSE: GENERAL | $50,000 |