Hollander Memorial Foundation Inc
- Assets
- $2.9m
- Revenue
- $31.3k
- Investments
- $2.6m
- Employees
- 0
- Location
- Linwood, NJ
- Founding
- 12/1993
- Data as of
- 12/2022
- EIN
- 22-3217578
Organization Overview
Hollander Memorial Foundation Inc is located in Linwood, NJ. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Hollander Memorial 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 12/2022, Hollander Memorial Foundation Inc generated $31.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $235.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hollander Memorial Foundation Inc has awarded 62 individual grants totaling $599,714. 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 |
|---|---|---|---|
Philip Perskie Treasurer | 0 | $0 | |
Richard J Kathrins Secretary | 0 | $0 | |
Roy Goldberg President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,000 |
| Interest on Savings | $564 |
| Dividends & Interest | $69,913 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$49,144 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $31,333 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,230 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $29,604 |
| Total operating and administrative expenses | $37,384 |
| Contributions, gifts, grants paid | $197,811 |
| Total expenses and disbursements | $235,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,937 |
| 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 | $2,914,483 |
| 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 | $69,811 |
| Other liabilities | $0 |
| Total liabilities | $69,811 |
Grants Awarded
Over the last fiscal year, Hollander Memorial Foundation Inc has awarded $197,811 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
ATLANTIC CAPE COMMUNITY COLLEGE PURPOSE: SCHOLARSHIP | $8,000 |
ATLANTIC CAPE FOUNDATION PURPOSE: SCHOLARSHIP | $25,000 |
FARLEIGH DICKINSON PURPOSE: SCHOLARSHIP | $4,000 |
FORDHAM UNIVERSITY PURPOSE: SCHOLARSHIP | $4,000 |
MANHATTAN COLLEGE PURPOSE: SCHOLARSHIP | $4,000 |