David And Geri Epstein Private Foundation Dated 9-13-00
- Assets
- $19.7m
- Revenue
- $1.1m
- Investments
- $16.3m
- Employees
- 0
- Location
- Westport, CT
- Founding
- 06/2004
- Data as of
- 12/2022
- EIN
- 20-1069019
Organization Overview
David And Geri Epstein Private Foundation Dated 9-13-00 is located in Westport, CT. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. David And Geri Epstein Private Foundation Dated 9-13-00 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 12/2022, David And Geri Epstein Private Foundation Dated 9-13-00 generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, David And Geri Epstein Private Foundation Dated 9-13-00 has awarded 144 individual grants totaling $6,054,000. 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 |
|---|---|---|---|
Robert Hess Trustee | 5 | $0 | |
Michael Connell Trustee | 5 | $0 | |
Karen Hess President | 5 | $60,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $34,124 |
| Dividends & Interest | $57,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,010 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $976,258 |
| Total Revenue | $1,055,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,550 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $245,064 |
| Total operating and administrative expenses | $325,614 |
| Contributions, gifts, grants paid | $930,000 |
| Total expenses and disbursements | $1,255,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $72,779 |
| Savings and temporary cash investments | $3,310,237 |
| 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 | $16,291,751 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,411 |
| Total assets | $19,681,178 |
| 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, David And Geri Epstein Private Foundation Dated 9-13-00 has awarded $930,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST TEE OF CT PURPOSE: GENERAL SUPPORT | $50,000 |
CONNECTICUT SCIENCE CENTER PURPOSE: GENERAL SUPPORT | $25,000 |
ACHIEVEMENT FIRST BRIDGEPORT ACADEMY PURPOSE: GENERAL SUPPORT | $50,000 |
HORIZONS BRIDGEPORT PURPOSE: GENERAL SUPPORT | $25,000 |
LAFAYETTE COLLEGE-JOHN COOPER PURPOSE: GENERAL SUPPORT | $50,000 |
FOLDS OF HONOR FOUNDATION PURPOSE: GENERAL SUPPORT | $50,000 |