Iris & B Gerald Cantor Foundation
- Assets
- $22.1m
- Revenue
- $593.9k
- Investments
- $18.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1967
- Data as of
- 12/2022
- EIN
- 13-6227347
Organization Overview
Iris & B Gerald Cantor Foundation is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iris & B Gerald Cantor 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, Iris & B Gerald Cantor Foundation generated $593.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $610.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Iris & B Gerald Cantor Foundation has awarded 90 individual grants totaling $6,115,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Iris Cantor President | 20 | $0 | |
Joel Rothstein Treasurer | 5 | $0 | |
Randi Ross Aitken Secretary | 5 | $0 | |
Suzanne Fisher Director | 5 | $0 | |
Michele Geller Director | 5 | $0 | |
Monica Muhart Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $273,054 |
| Interest on Savings | $0 |
| Dividends & Interest | $633,455 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$387,724 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $75,130 |
| Total Revenue | $593,915 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $230,167 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $26,158 |
| Interest | $0 |
| Taxes | $25,486 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $29,792 |
| Printing and publications | $0 |
| Other expenses | $156,605 |
| Total operating and administrative expenses | $500,462 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $610,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,155 |
| Savings and temporary cash investments | $704,109 |
| 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 | $12,878,626 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,257,938 |
| Total assets | $22,107,771 |
| Accounts payable and accrued expenses | $87,395 |
| Grants payable | $1,570,689 |
| 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 | $1,658,084 |
Grants Awarded
Over the last fiscal year, Iris & B Gerald Cantor Foundation has awarded $110,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY CROSS PURPOSE: GENERAL CONTRIBUTION | $10,000 |
HOSPICE OF WESTCHESTER PURPOSE: GENERAL CONTRIBUTION | $10,000 |
MEDIA CARES FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $35,000 |
MUSEE RODIN PURPOSE: GENERAL CONTRIBUTION | $20,000 |
NY PRESBYTERIAN HOSPITAL PURPOSE: GENERAL CONTRIBUTION | $20,000 |
UCLA WOMEN'S HEALTH CENTER PURPOSE: GENERAL CONTRIBUTION | $10,000 |