Martin R Prince Charitable Foundation
- Assets
- $19.1m
- Revenue
- $1.6m
- Investments
- $18.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2005
- Data as of
- 10/2023
- EIN
- 20-2058883
Organization Overview
Martin R Prince Charitable Foundation is located in New York, NY. The organization was established in 2005. 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. Martin R Prince Charitable 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 10/2023, Martin R Prince Charitable Foundation generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $1.1m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Martin R Prince Charitable Foundation has awarded 290 individual grants totaling $5,862,000. 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 |
|---|---|---|---|
Martin R Prince Pres./dir. | 0 | $0 | |
Fred Prince Sec./dir. | 0 | $0 | |
Alan S Honig Treas./dir. | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,079,731 |
| Interest on Savings | $0 |
| Dividends & Interest | $498,557 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,727 |
| Capital Gain Net Income | $979,393 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,626,015 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $31,576 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,707 |
| Total operating and administrative expenses | $125,471 |
| Contributions, gifts, grants paid | $1,004,000 |
| Total expenses and disbursements | $1,129,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $617,508 |
| 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 | $19,057,702 |
| 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 | $2,922 |
| Total liabilities | $2,922 |
Grants Awarded
Over the last fiscal year, Martin R Prince Charitable Foundation has awarded $1,004,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AFS-USA INC PURPOSE: UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $1,000 |
APPALACHIAN TRAIL CONSERVANCY PURPOSE: UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $5,000 |
BRITISH SCHOOLS AND UNIVERSITIES FOUNDATION PURPOSE: UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $20,000 |
CENTRAL PARK CONSERVANCY PURPOSE: UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $2,000 |
DOCTORS WITHOUT BORDERS PURPOSE: 10000UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $10,000 |
EARTHJUSTICE PURPOSE: UNRESTRICTED FOR PURPOSES OF ORGANIZATION | $70,000 |