Max And Lillian Rappaport Foundation For The Treatment And
- Assets
- $48.4m
- Revenue
- $1.7m
- Investments
- $47.4m
- Employees
- 0
- Location
- Clifton, NJ
- Founding
- 06/1997
- Data as of
- 11/2023
- EIN
- 22-3410986
Organization Overview
Max And Lillian Rappaport Foundation For The Treatment And is located in Clifton, NJ. The organization was established in 1997. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Max And Lillian Rappaport Foundation For The Treatment And 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 11/2023, Max And Lillian Rappaport Foundation For The Treatment And generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $4.6m during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Max And Lillian Rappaport Foundation For The Treatment And has awarded 62 individual grants totaling $8,514,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS PAID DIRECTLY TO NONPROFIT 501(C)(3)CHARITABLE ORGANIZATIONS FOR ASSISTANCE WITH FUNDING OF SOCIAL TRAUMA TREATMENT PROGRAMS. SCHEDULE IS ATTACHED
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Twersky Trustee And President | 0.5 | $0 | |
Steven Landau Trustee And Treasurer | 0.5 | $0 | |
Jay Pasternack Trustee | 0.5 | $0 | |
Martin Diamond Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100,000 |
| Interest on Savings | $1,264,701 |
| Dividends & Interest | $586,991 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$161,440 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$87,379 |
| Total Revenue | $1,702,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $86,796 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $216,835 |
| Total operating and administrative expenses | $306,279 |
| Contributions, gifts, grants paid | $4,275,000 |
| Total expenses and disbursements | $4,581,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $956,692 |
| 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 | $26,158,540 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $48,362,529 |
| 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 | $31,680 |
| Total liabilities | $31,680 |
Grants Awarded
Over the last fiscal year, Max And Lillian Rappaport Foundation For The Treatment And has awarded $4,275,000 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
SUSAN G KOMEN FOUNDATION PURPOSE: TRAUMA TREATMENTPROGRAMS | $75,000 |
CHICAGO CENTER OF TORAH & CHESED INC PURPOSE: TRAUMA TREATMENT | $125,000 |
WEILL CORNELL MEDCTR AT NY PRESB PURPOSE: TRAUMA TREATMENTPROGRAMS | $125,000 |
BONEI OLAM INC PURPOSE: TRAUMA TREATMENTPROGRAMS | $225,000 |
JEWISH FAMILY SERVICES OF CLIFTON-PASSAIC PURPOSE: TRAUMA TREATMENTPROGRAMS | $75,000 |
CHICAGO CHESED FUND PURPOSE: TRAUMA TREATMENTPROGRAMS | $100,000 |