The Honey Charitable Foundation Inc
- Assets
- $332.9k
- Revenue
- -$296.0
- Investments
- $209.5k
- Employees
- 0
- Location
- Livingston, NJ
- Founding
- 02/2006
- Data as of
- 12/2020
- EIN
- 20-3858453
Organization Overview
The Honey Charitable Foundation Inc is located in Livingston, NJ. The organization was established in 2006. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Honey Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Honey Charitable Foundation Inc has awarded 21 individual grants totaling $625,187. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS INITIATIVE - THE FOUNDATION WORKS TO ENHANCE THE FREE EXPRESSION OF JUDAISM IN ISRAEL. WE SUPPORT ISRAELI COMMUNITY RABBIS AND SPIRITUAL LEADERS BY OFFERING PROFESSIONAL DEVELOPMENT, NETWORKING AND MENTORSHIP OPPORTUNITIES. WE ALSO HELP TO FUND UNIQUE COMMUNITY PROJECTS HAPPENING ACROSS ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Lipsey Trustee | 1 | $0 | |
Amy Lipsey Secretary | 1 | $0 | |
Sarah Lipsey Brokman President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $61,348 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,102 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$69,746 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$296 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $240,000 |
| Pension plans, employee benefits | $8,000 |
| Interest | $0 |
| Taxes | $2,038 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72,473 |
| Total operating and administrative expenses | $334,904 |
| Contributions, gifts, grants paid | $8,700 |
| Total expenses and disbursements | $343,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,408 |
| Savings and temporary cash investments | $0 |
| 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 | $332,885 |
| 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, The Honey Charitable Foundation Inc has awarded $8,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
OR HALEV PURPOSE: TO SUPPORT THE CENTERFOR MEDITATION | $6,000 |
DIMENSIONS EDUCATION CONSULTING PURPOSE: PROVIDES CONSULTANCY IN DIVERSITY,EQUITY AND INCLUSION | $1,500 |
JEWISH FOUNDATIONS NETWORK PURPOSE: MEMBERSHIP IN THE INTERNATIONAL COMMUNITY OF PRIVATE FOUNDATIONS | $1,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
Longwood Foundation Inc Wilmington, DE | $0 | $53,076,926 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |
Interlaken Foundation Inc NEW YORk, NY | $351,082,390 | $62,213,890 |
Verizon Foundation Basking Ridge, NJ | $26,429,657 | $21,584,016 |
Nsn Foundation Inc Roseland, NJ | $55,407,565 | $72,760,212 |
Arconic Charitable Foundation Pittsburgh, PA | $0 | $10,360,918 |