Michael & Joan Dritz Charitable Tr
- Assets
- $17.7k
- Revenue
- $16.0k
- Investments
- $17.2k
- Employees
- 0
- Location
- Palm Beach Gardens, FL
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 13-6884604
Organization Overview
Michael & Joan Dritz Charitable Tr is located in Palm Beach Gardens, FL. The organization was established in 0000. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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.
For the year ending 12/2022, Michael & Joan Dritz Charitable Tr generated $16.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $33.5k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 8 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, Michael & Joan Dritz Charitable Tr has awarded 82 individual grants totaling $204,970. 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 |
|---|---|---|---|
Michael Dritz Officer | 1 | $0 | |
Joan Dritz Officer | 1 | $0 | |
Susan Rapaport Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,698 |
| Interest on Savings | $8 |
| Dividends & Interest | $241 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$930 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $247 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,017 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $292 |
| Total operating and administrative expenses | $342 |
| Contributions, gifts, grants paid | $33,154 |
| Total expenses and disbursements | $33,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $435 |
| 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 | $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 | $17,679 |
| 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, Michael & Joan Dritz Charitable Tr has awarded $33,154 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SYRACUSE UNIVERSITY PURPOSE: GENERAL FUND | $32,704 |
UNITED STATES GOLF ASSOCIATION PURPOSE: GENERAL FUND | $50 |
ARMONK FIRE CORPS PURPOSE: GENERAL FUND | $100 |
BOEHEIM FOUNDATION PURPOSE: GENERAL FUND | $50 |
PBG POLICE FOUNDATION PURPOSE: GENERAL FUND | $250 |