Brook Fund Inc
- Assets
- $2.1m
- Revenue
- $226.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Allendale, NJ
- Founding
- 11/1984
- Data as of
- 12/2023
- EIN
- 22-2561995
Organization Overview
Brook Fund Inc is located in Allendale, NJ. The organization was established in 1984. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Brook Fund 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, Brook Fund Inc generated $226.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $381.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Brook Fund Inc has awarded 356 individual grants totaling $1,178,872. 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 |
|---|---|---|---|
William Rukin Treasurer | 0 | $0 | |
Barnett Rukin Trustee | 0 | $0 | |
Donna Rukin Trustee | 0 | $0 | |
Slx Capital Managment Ltd Asset Mgmt | 0 | $37,537 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $204,605 |
| Interest on Savings | $0 |
| Dividends & Interest | $64,196 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,281 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $11,516 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $226,520 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $37,537 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $10 |
| Taxes | $1,647 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $147 |
| Total operating and administrative expenses | $47,183 |
| Contributions, gifts, grants paid | $333,885 |
| Total expenses and disbursements | $381,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $183,073 |
| 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 | $965,063 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,350 |
| Total assets | $2,111,255 |
| 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, Brook Fund Inc has awarded $333,885 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
ADL ANTI-DEFAMATION LEAGUE PURPOSE: CHARITABLE | $5,400 |
AJC PURPOSE: CHARITABLE | $1,800 |
ASPNI PURPOSE: CHARITABLE | $250 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: CHARITABLE | $300 |
BERGEN COUNTY'S UNITED WAY PURPOSE: CHARITABLE | $1,800 |
BVMI PURPOSE: CHARITABLE | $1,800 |