Elaine And Sydney Sussmanfoundation Inc
- Assets
- $5.8m
- Revenue
- $745.7k
- Investments
- $5.7m
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 02/2007
- Data as of
- 09/2022
- EIN
- 20-8025266
Organization Overview
Elaine And Sydney Sussmanfoundation Inc is located in Lawrenceville, NJ. The organization was established in 2007. 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. Elaine And Sydney Sussmanfoundation 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 2020, Elaine And Sydney Sussmanfoundation Inc has awarded 11 individual grants totaling $6,400,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Sussman Vp/treasurer | 2.5 | $0 | |
Joseph M Sedlack Trustee | 0.5 | $0 | |
Andrea Sussman President | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,481 |
| Interest on Savings | $0 |
| Dividends & Interest | $172,190 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $523,072 |
| Capital Gain Net Income | $523,072 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $745,743 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51,449 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $62,886 |
| Total operating and administrative expenses | $114,335 |
| Contributions, gifts, grants paid | $1,000,000 |
| Total expenses and disbursements | $1,114,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,764 |
| 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 | $5,837,791 |
| 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 | $1,166 |
| Total liabilities | $1,166 |
Grants Awarded
Over the last fiscal year, Elaine And Sydney Sussmanfoundation Inc has awarded $3,025,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: CONTRIBUTION | $3,000,000 |
Media, PA PURPOSE: CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
Stadler Family Charitable Foundation Inc Titusville, NJ | $29,757,304 | $26,067,204 |
The Grateful Lives Foundation Wilmington, DE | $671,624,478 | $48,426,740 |
Robert W Wilson Charitable Tr New York, NY | $246,803,641 | $15,248,568 |
The Zegar Family Foundation New York, NY | $255,794,688 | $35,430,517 |
Lenfest Foundation Inc Philadelphia, PA | $0 | $560,962 |
The Blackrock Charitable Foundation New York, NY | $304,949,202 | $10,722,340 |
Zankel Fund New York, NY | $8,426,526 | $6,600,017 |
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee Montchanin, DE | $288,226,063 | $32,506,410 |
Estee Lauder Companies Charitable Foundation New York, NY | $35,974,866 | $21,957,506 |
Theodore J Forstmann Charitable Trust New York, NY | $79,816,371 | $674,210 |
The Carol A Ammon Foundation Albany, NY | $10,088,469 | $6,097,174 |