Driesman Krichavsky Charitable Foundation Trust
- Assets
- $310.7k
- Revenue
- $4.2k
- Investments
- $309.2k
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 06/1990
- Data as of
- 11/2022
- EIN
- 22-3044559
Organization Overview
Driesman Krichavsky Charitable Foundation Trust is located in West Hartford, CT. The organization was established in 1990. 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. Driesman Krichavsky Charitable 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 11/2022, Driesman Krichavsky Charitable Foundation Trust generated $4.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.6%) each year. All expenses for the organization totaled $22.8k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marc Z Krichavsky Trustee | 0 | $0 | |
David A Krichavsky Trustee | 0 | $0 | |
Alan S Krichavsky Trustee | 0 | $0 | |
Alys D Krichavsky Trustee | 0.1 | $0 | |
John A Krichavsky Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $47,134 |
| Net ST Capital Gain | $33,038 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,204 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $506 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $639 |
| Contributions, gifts, grants paid | $22,210 |
| Total expenses and disbursements | $22,849 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,458 |
| 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 | $310,703 |
| 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, Driesman Krichavsky Charitable Foundation Trust has awarded $22,210 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
NEWPORT CLASICAL PURPOSE: UNRESTRICTED ACTIVITIES | $12,000 |
BETH EL TEMPLE PURPOSE: UNRESTRICTED ACTIVITES | $3,010 |
MANDELL JCC PURPOSE: UNRESTRICTED ACTIVITIES | $2,500 |
JEWISH FAMILY SERVICES PURPOSE: UNRESTRICTED ACTIVITES | $1,800 |
REDWOOD LIBRARY PURPOSE: UNRESTRICTED ACTIVITIES | $750 |
NEWPORT YMCA PURPOSE: UNRESTRIVTED ACTIVITES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Hunt Street Fund Inc Needham, MA | $102,244,956 | $9,516,120 |
Virginia B Toulmin Charitable Foundation Iii 20-102080246164 New York, NY | $0 | $3,507,979 |
Margaret A Nagel Tr Uw Art 2 Jericho, NY | $960,283 | $58,879 |
James L Vincent Foundation Boston, MA | $11,098,257 | $1,513,039 |
Lavelle Fund For The Blind Inc New York, NY | $163,250,000 | $53,286,253 |
Robert F & Mary P Hastings Foundation Inc East Amherst, NY | $201,145 | $300,300 |
Chesed Foundation Of America New York, NY | $261,423,843 | $7,176,271 |
Belvedere Charitable Foundation New York, NY | $6,000,444 | $12,756,802 |
The Grossman Family Foundation Cos Cob, CT | $140,113,231 | $7,972,359 |
The Gaudio Family Foundation New York, NY | $177,823,591 | $24,738,830 |