Dvaykus Fondation Inc
- Assets
- $3.4m
- Revenue
- $268.6k
- Investments
- $2.9m
- Employees
- 0
- Location
- Far Rockaway, NY
- Founding
- 05/2005
- Data as of
- 12/2023
- EIN
- 20-2070556
Organization Overview
Dvaykus Fondation Inc is located in Far Rockaway, NY. The organization was established in 2005. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dvaykus Fondation Inc 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, Dvaykus Fondation Inc generated $268.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $336.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dvaykus Fondation Inc has awarded 461 individual grants totaling $3,032,950. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL AID FOR DISADVANTAGED STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy S Neuberger Director | 10 | $0 | |
Linda Neuberger Director | 6 | $0 | |
Sarah Neuberger Sones Director | 0 | $0 | |
Yaffa Neuberger Jungreis Director | 0 | $0 | |
Miriam Neuberger Hess Director | 0 | $0 | |
Nechama Neuberger Slatus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $33,256 |
| Dividends & Interest | $50,311 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,075 |
| Capital Gain Net Income | $185,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $268,642 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,513 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34,264 |
| Total operating and administrative expenses | $44,582 |
| Contributions, gifts, grants paid | $292,300 |
| Total expenses and disbursements | $336,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,254 |
| Savings and temporary cash investments | $436,852 |
| 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 | $3,360,197 |
| 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, Dvaykus Fondation Inc has awarded $292,300 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEZER PURPOSE: TO SUPPORT COMMUNITY CHARITY PROGRAMSTO SUPPORT NON PROFITTO SUPPORT NON PROFIT | $1,000 |
AMERICAN FRIENDS OF BAIS HAMEDRASH TAHAROS PURPOSE: TO SUPPORT NON PROFIT | $8,000 |
AMERICAN FRIENDS OF YESHIVAT D'MIR INC PURPOSE: TO SUPPORT TORAH STUDY AND RELIGIOUS ACTIVITIESTO SUPPORT EDUCATIONTO ASSIST SCHOOL IN ACHEIVING ITS NOT FOR PROFIT PURPOSE TO EDUCATE CHILDREN | $1,000 |
BEIS MEDRASH L'TORAH PURPOSE: TO SUPPORT TORAH STUDY AND RELIGIOUS ACTIVITIES | $2,000 |
AMERICAN FRIENDS OF YESHIVAT HAR HAMOR PURPOSE: TO SUPPORT NON PROFIT TO SUPPORT NON PROFIT | $1,000 |
AVIV HA TORAH PURPOSE: TO SUPPORT TORAH STUDY AND RELIGIOUS ACTIVITIES | $1,000 |