Farbenblum Foundation
- Assets
- $544.2k
- Revenue
- $55.2k
- Investments
- $495.1k
- Employees
- 0
- Location
- Valley Stream, NY
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 13-7120066
Organization Overview
Farbenblum Foundation is located in Valley Stream, NY. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Farbenblum 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 12/2023, Farbenblum Foundation generated $55.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $180.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Farbenblum Foundation has awarded 48 individual grants totaling $1,636,400. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SCHOOL DONATIONS
N/A
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Farbenblum Director | 1 | $0 | |
Michael Farbenblum Director | 1 | $0 | |
Stanley Joseph Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34 |
| Dividends & Interest | $3,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,408 |
| Capital Gain Net Income | $51,408 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,236 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,955 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $253 |
| Total operating and administrative expenses | $6,677 |
| Contributions, gifts, grants paid | $174,000 |
| Total expenses and disbursements | $180,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,130 |
| 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 | $544,245 |
| 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, Farbenblum Foundation has awarded $174,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF LIBI PURPOSE: TO SUPPORT THE ORGANIZATION'S MISSION OF PROVIDING ISRAELI SOLDIERS WITH JEWISH AND CULTURAL AWARENESS, WELFARE SUPPORT, EDUCATION, SOCIAL AND FINANCIAL ASSISTANCE, RECREATIONAL ACTIVITIES AND LONE AND NEEDY SOLDIERS' CARE | $7,500 |
BE'ER HAGOLAH INSTITUE PURPOSE: TO SUPPORT THE ELEMENTARY SCHOOL'S MISSION OF PROVIDING AN OUTSTANDING JUDAIC ACADEMIC PROGRAM AND STELLAR SECULAR EDUCATION. | $40,000 |
CONGREGATION B'NAI ISRAEL PURPOSE: TO SUPPORT THE CONGREGATION'S MISSION. | $50,000 |
CONGREGATION VAYIGDAL MOSHE PURPOSE: TO SUPPORT THE CONGREGATION'S MISSION. | $58,000 |
KEW GARDENS JEWISH CENTER PURPOSE: TO SUPPORT THE CENTER'S MISSION. | $10,000 |
KOL HANEARIM PURPOSE: TO SUPPORT THE ORGAINZATION'S MISSION OF BREAKING THE CYCLE OF DISTRESS AMONG ISRAEL'S MOST VULNERABLE YOUTH. | $3,500 |