Joseph R Takats Foundation is located in Wilmington, DE. The organization was established in 1978. 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. Joseph R Takats 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, Joseph R Takats Foundation generated $91.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $190.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Joseph R Takats Foundation has awarded 511 individual grants totaling $581,400. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph R Takats III Trustee | 1 | $0 | |
Lee A Takats Trustee | 1 | $0 | |
Maura Lynn Leavitt Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $60,388 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $25,848 |
Capital Gain Net Income | $25,848 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $4,771 |
Total Revenue | $91,007 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,637 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,605 |
Total operating and administrative expenses | $58,183 |
Contributions, gifts, grants paid | $132,200 |
Total expenses and disbursements | $190,383 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $48,639 |
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 | $940,928 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $2,358,913 |
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 |
Over the last fiscal year, Joseph R Takats Foundation has awarded $132,200 in support to 123 organizations.
Grant Recipient | Amount |
---|---|
AHIRA HALL MEMORIAL LIBRARY PURPOSE: EDUCATIONAL PURPOSES | $500 |
ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION OF WNY PURPOSE: ALZHEIMER'S DISEASE CARE, SUPPORT, AND RESARCH | $1,000 |
AMERICAN CANCER SOCIETY PURPOSE: SUPPORT CANCER PATIENTS AND RESEARCH | $1,000 |
AMERICAN HEART ASSOCIATION OF WNY PURPOSE: CARDIOVASCULAR MEDICAL RESEARCH | $2,000 |
AMERICAN DIABETES ASSOCIATION OF WNY PURPOSE: DIABETES RESEARCH TO MANAGE, CURE, AND PREVENT DIABETES | $1,000 |
AMERICAN LUNG ASSOCIATION OF WESTERN NY INC PURPOSE: IMPROVING LUNG HEALTH AND PREVENTING LUNG DISEASE | $850 |