Katz Foundation is located in Cherry Hill, NJ. The organization was established in 1994. 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. Katz Foundation 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, Katz Foundation generated $4.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Katz Foundation has awarded 261 individual grants totaling $21,898,300. 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.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $3,695,663 |
Interest on Savings | $0 |
Dividends & Interest | $641,109 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$1,305 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $192,962 |
Total Revenue | $4,528,429 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $7,359 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $22,500 |
Total operating and administrative expenses | $264,142 |
Contributions, gifts, grants paid | $2,003,500 |
Total expenses and disbursements | $2,267,642 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $187,081 |
Savings and temporary cash investments | $5,153,728 |
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 | $8,833,709 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $14,174,518 |
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 |
Over the last fiscal year, Katz Foundation has awarded $2,003,500 in support to 34 organizations.
Grant Recipient | Amount |
---|---|
BOYS & GIRLS CLUB OF ATLANTIC CITY PURPOSE: CHARITABLE DONATION | $5,000 |
BOYS & GIRLS CLUB OF NEWARK PURPOSE: CHARITABLE DONATION | $10,000 |
CAMDEN SCHOOLS FOUNDATION PURPOSE: CHARITABLE DONATION | $4,500 |
CONGREGATION BETH EL PURPOSE: CHARITABLE DONATION | $126,000 |
DWIGHT ENGLEWOOD PURPOSE: CHARITABLE DONATION | $15,000 |
ENCOURAGE KIDS FOUNDATION PURPOSE: CHARITABLE DONATION | $10,000 |