Louis Sklarow Memorial Fund 836720
- Assets
- $1.7m
- Revenue
- $93.2k
- Investments
- $1.5m
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 09/1976
- Data as of
- 05/2024
- EIN
- 16-6201243
Organization Overview
Louis Sklarow Memorial Fund 836720 is located in Brooklyn, OH. The organization was established in 1976. 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 Sklarow Memorial Fund 836720 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 05/2024, Louis Sklarow Memorial Fund 836720 generated $93.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $247.2k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Louis Sklarow Memorial Fund 836720 has awarded 16 individual grants totaling $513,175. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,069 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,103 |
| Capital Gain Net Income | $34,103 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $93,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,846 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,872 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $692 |
| Total operating and administrative expenses | $25,460 |
| Contributions, gifts, grants paid | $221,783 |
| Total expenses and disbursements | $247,243 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $121,908 |
| 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 | $1,544,149 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,666,057 |
| 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 Sklarow Memorial Fund 836720 has awarded $221,783 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEW YORK PURPOSE: GENERAL OPERATING | $25,000 |
ICAHN SCHOOL OF MEDICINE PURPOSE: GENERAL OPERATING | $46,783 |
ROSWELL PARK COMPREHENSIVE CANCER PURPOSE: GENERAL OPERATING | $65,000 |
THE UNIVERSITY OF BUFFALO PURPOSE: GENERAL OPERATING | $60,000 |
RESEARCH FOUNDATION FOR SUNY PURPOSE: GENERAL OPERATING | $25,000 |