Syd And Jan M Silverman Foundation Inc
- Assets
- $3.6m
- Revenue
- $202.3k
- Investments
- $3.5m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 11/1991
- Data as of
- 04/2024
- EIN
- 22-3125351
Organization Overview
Syd And Jan M Silverman Foundation Inc is located in Pennington, NJ. The organization was established in 1991. 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. Syd And Jan M Silverman Foundation 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 04/2024, Syd And Jan M Silverman Foundation Inc generated $202.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $284.4k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Syd And Jan M Silverman Foundation Inc has awarded 673 individual grants totaling $1,329,667. 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 |
|---|---|---|---|
Mark Silverman Director | 1 | $0 | |
Marie Silverman Marich Director/secretary | 1 | $0 | |
Matthew Silverman Director | 1 | $0 | |
Michael Silverman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $88,845 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $110,549 |
| Capital Gain Net Income | $110,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,948 |
| Total Revenue | $202,342 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $657 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $715 |
| Total operating and administrative expenses | $50,772 |
| Contributions, gifts, grants paid | $233,595 |
| Total expenses and disbursements | $284,367 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24 |
| Savings and temporary cash investments | $49,202 |
| 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 | $3,515,516 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,564,742 |
| 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, Syd And Jan M Silverman Foundation Inc has awarded $233,595 in support to 103 organizations.
| Grant Recipient | Amount |
|---|---|
NEW CANAAN YMCA - SPECIAL NEEDS FD PURPOSE: UNRESTRICTED GENERAL | $1,000 |
WAMC - NORTHEAST PUBLIC RADIO PURPOSE: UNRESTRICTED GENERAL | $1,000 |
MEMORIAL SLOAN KETTERING CANCER CTR PURPOSE: UNRESTRICTED GENERAL | $5,000 |
FOOD BANK OF LOWER FAIRFIELD COUNTY INC PURPOSE: UNRESTRICTED GENERAL | $1,500 |
WILLISTON NORTHAMPTON SCHOOL PURPOSE: UNRESTRICTED GENERAL | $3,000 |
TRUSTEES OF DEERFIELD ACADEMY PURPOSE: UNRESTRICTED GENERAL | $1,000 |