Louis Weinburg Foundation Inc
- Assets
- $1.1m
- Revenue
- $40.8k
- Investments
- $1.0m
- Employees
- 0
- Location
- Troy, NY
- Founding
- 02/1965
- Data as of
- 12/2022
- EIN
- 14-6030952
Organization Overview
Louis Weinburg Foundation Inc is located in Troy, NY. The organization was established in 1965. 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. Louis Weinburg 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.
Since 2016, Louis Weinburg Foundation Inc has awarded 54 individual grants totaling $395,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael E Ginsberg President | 1 | $0 | |
Edward Marinstein Secretary | 1 | $0 | |
Laura Cohen Vice President | 1 | $0 | |
Richard Dubin Director | 0 | $0 | |
Jeff Blau Director | 0 | $0 | |
Joel Slutsky Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $18,694 |
| Capital Gain Net Income | $18,694 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $40,814 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,899 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $901 |
| Total operating and administrative expenses | $19,579 |
| Contributions, gifts, grants paid | $73,000 |
| Total expenses and disbursements | $92,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $95,490 |
| 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 | $1,100,311 |
| 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, Louis Weinburg Foundation Inc has awarded $73,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
DAUGHTERS OF SARAH JEWISH FOUNDATIO PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
HADASSAH MEDICAL RELIEF ASSN INC PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |
JEWISH FED OF NE NY PURPOSE: GENERAL CHARITABLE PURPOSES | $20,000 |
JCC SENIOR PROGRAMMING PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
CAPITAL DISTRICT RECOVERY CENTER PURPOSE: GENERAL CHARITABLE PURPOSES | $3,000 |
BOYS AND GIRLS CLUB OF SCHENECTADY PURPOSE: GENERAL CHARITABLE PURPOSES | $15,000 |