Isidor Schmeidler Fund
- Assets
- $2.1m
- Revenue
- $132.9k
- Investments
- $1.9m
- Employees
- 0
- Location
- Atlantic City, NJ
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 21-6014854
Organization Overview
Isidor Schmeidler Fund is located in Atlantic City, NJ. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isidor Schmeidler Fund 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 12/2021, Isidor Schmeidler Fund generated $132.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $182.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Isidor Schmeidler Fund has awarded 165 individual grants totaling $562,500. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Horn Esquire Co-Trustee | 1 | $3,314 | |
David A Fleming Co-Trustee | 0.25 | $3,314 | |
Jon-Peter Thomas Co-Trustee | 0.25 | $3,314 | |
Rabbi Gordon Geller Co-Trustee | 0.25 | $3,314 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,353 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $66,588 |
| Capital Gain Net Income | $66,588 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $132,941 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,256 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,427 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,278 |
| Total operating and administrative expenses | $42,761 |
| Contributions, gifts, grants paid | $140,000 |
| Total expenses and disbursements | $182,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,715 |
| 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 | $1,908,942 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,054,657 |
| 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, Isidor Schmeidler Fund has awarded $140,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
DANNY NGUYEN PURPOSE: SCHOLARSHIP | $12,000 |
BERON JEWISH OLDER ADULT SERVICE PURPOSE: SUPPORT CAUSE | $8,000 |
JOSEPH JOHNSTON PURPOSE: SCHOLARSHIP | $8,000 |
MEGAM ERDMAN PURPOSE: SCHOLARSHIP | $8,000 |
JOSEPH HOUSE SOCIAL SVC PROGRAM PURPOSE: SUPPORT CAUSE | $8,000 |
CHASE ALLEN FOGLETTO PURPOSE: SCHOLARSHIP | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Braverhood Ltd Brooklyn, NY | $56,044,966 | $113,467,057 |
Chevron Phillips Chemical Co Lp Health & Benefit Tr Veba Pittsburgh, PA | $15,880,618 | $77,964,861 |
Coordinated Behavioral Care Inc New York, NY | $25,699,878 | $79,934,258 |
Success Academy Charter Schools Inc New York, NY | $162,966,057 | $99,368,525 |
Inspirittec Inc Philadelphia, PA | $65,630,872 | $75,964,924 |
Baker Hall Lackawanna, NY | $43,415,308 | $53,649,609 |
Pennsylvania Virtual Charter School King Of Prussia, PA | $24,898,829 | $49,068,085 |
Tiegerman School Glen Cove, NY | $36,938,898 | $36,850,171 |
Teach For All Inc New York, NY | $63,275,692 | $50,938,774 |
Pay It Forward Foundation Inc Pittsburgh, PA | $11,909,629 | $29,731,720 |
Lifesteps Inc Butler, PA | $25,871,848 | $32,536,752 |
Lsny Bronx Corporation New York, NY | $9,256,880 | $24,578,698 |