The Judelson Family Charitable Trust
- Assets
- $5.0m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Howell, NJ
- Founding
- 07/1969
- Data as of
- 12/2022
- EIN
- 13-6264357
Organization Overview
The Judelson Family Charitable Trust is located in Howell, NJ. The organization was established in 1969. 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. Judelson Family Charitable Trust 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, Judelson Family Charitable Trust generated $4.4m in total revenue. All expenses for the organization totaled $164.1k during the year ending 12/2022. While expenses have increased by 54.1% per year over the past 7 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 2016, Judelson Family Charitable Trust has awarded 145 individual grants totaling $289,491. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE - THE FOUNDATION MAKES CHARITABLE CONTRIBUTIONS TO PRE-SELECTED CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Judelson Trustee | 1 | $0 | |
Jeaneane Quinn Trustee | 1 | $0 | |
Roy Judelson Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,364,256 |
| Capital Gain Net Income | $4,364,256 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,364,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $102,540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,240 |
| Total operating and administrative expenses | $118,906 |
| Contributions, gifts, grants paid | $45,216 |
| Total expenses and disbursements | $164,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,533,572 |
| 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 | $150 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $449,637 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,983,359 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $1,700 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $285,000 |
| Total liabilities | $286,700 |
Grants Awarded
Over the last fiscal year, The Judelson Family Charitable Trust has awarded $45,216 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
4TH PRESBYTERIAN CHURCH PURPOSE: RELIGIOUS | $1,000 |
UNIVERSITY OF ARIZONA FOUNDATION PURPOSE: EDUCATIONAL | $5,000 |
LAKEVIEW FOOD PANTRY PURPOSE: FEED THE NEEDY | $2,000 |
LINCOLN PARK ZOO PURPOSE: CARE FOR ZOO ANIMALS | $1,500 |
BREBEUF JESUIT PREPARATORY SCHOOL PURPOSE: EDUCATIONAL | $500 |
IMPACTS GRANTS CHICAGO PURPOSE: HUMAN EMPOWERMENT | $1,000 |