Helen Schlaffer Foundation Trust
- Assets
- $6.0m
- Revenue
- $699.4k
- Investments
- $5.8m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-7019957
Organization Overview
Helen Schlaffer Foundation Trust is located in Pennington, NJ. The organization was established in 2006. 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. Helen Schlaffer Foundation Trust 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, Helen Schlaffer Foundation Trust generated $699.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $392.5k during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Helen Schlaffer Foundation Trust has awarded 87 individual grants totaling $1,094,155. 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 |
|---|---|---|---|
Mary Drake Co-Trustee | 1 | $3,600 | |
Joan Mahony Co-Trustee | 1 | $3,600 | |
Bank Of America N A Co-Trustee | 2 | $68,581 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $111,150 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $585,515 |
| Capital Gain Net Income | $585,515 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,706 |
| Total Revenue | $699,371 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $75,781 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,671 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $537 |
| Total operating and administrative expenses | $84,989 |
| Contributions, gifts, grants paid | $307,500 |
| Total expenses and disbursements | $392,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,209 |
| Savings and temporary cash investments | $194,691 |
| 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 | $170,968 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,952,573 |
| 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, Helen Schlaffer Foundation Trust has awarded $307,500 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
VOICE OF TRIUMPH MINISTRIES INC PURPOSE: GENERAL OPERATING | $15,000 |
MARBLE COLLEGIATE CHURCH PURPOSE: GENERAL OPERATING | $10,000 |
ASPCA PURPOSE: GENERAL OPERATING | $2,000 |
NORTH SHORE ANIMAL LEAGUE AMERICA INC PURPOSE: GENERAL OPERATING | $20,000 |
HUMANE SOCIETY OF NEW YORK PURPOSE: GENERAL OPERATING | $2,000 |
CHURCH OF THE COVENANT PURPOSE: GENERAL OPERATING | $10,000 |