The Pick Foundation Inc
- Assets
- $251.5k
- Revenue
- $136.3k
- Investments
- $118.4k
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 01/1995
- Data as of
- 09/2023
- EIN
- 22-3330457
Organization Overview
The Pick Foundation Inc is located in Basking Ridge, NJ. The organization was established in 1995. 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. Pick 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 09/2023, Pick Foundation Inc generated $136.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $21.7k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Pick Foundation Inc has awarded 91 individual grants totaling $217,700. 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 |
|---|---|---|---|
Kurt R Borowsky VP | 0 | $0 | |
Irene A Borowsky Vp/ttee | 0 | $0 | |
Patrick W Borowsky VP | 0 | $0 | |
Christopher J Borowsky VP | 0 | $0 | |
Rose A Borowsky VP | 0 | $0 | |
Susan A Niles Sec/ttee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,158 |
| Dividends & Interest | $16,164 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $119,018 |
| Capital Gain Net Income | $119,018 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,340 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,150 |
| Total operating and administrative expenses | $2,150 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $21,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $133,051 |
| 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 | $251,496 |
| 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, The Pick Foundation Inc has awarded $19,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SETON HALL UNIVERSITY PURPOSE: TO HELP CARRY OUT THE CHARITABLE PURPOSE OF THE DONEE CHARITY. | $3,000 |
KOLPING YOUTH INTERNATIONAL PURPOSE: TO HELP CARRY OUT THE CHARITABLE PURPOSE OF THE DONEE CHARITY. | $6,500 |
ST PIUS X CHURCH PURPOSE: TO HELP CARRY OUT THE CHARITABLE PURPOSE OF THE DONEE CHARITY. | $10,000 |