William And Phyllis Mack Family Foundation Inc

Organization Overview

William And Phyllis Mack Family Foundation Inc is located in Fort Lee, NJ. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. William And Phyllis Mack Family 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 12/2021, William And Phyllis Mack Family Foundation Inc generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $4.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, William And Phyllis Mack Family Foundation Inc has awarded 71 individual grants totaling $7,509,305. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $5,197,742
Interest on Savings $327
Dividends & Interest $16,000
Net Rental Income-$9,983
Net Gain on Sale of Assets -$56,076
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $283,252
Total Revenue $5,510,037

Grants Awarded

Over the last fiscal year, William And Phyllis Mack Family Foundation Inc has awarded $4,314,890 in support to 35 organizations.

Grant RecipientAmount

UNIVERSITY OF PENNSYLVANIA

PURPOSE: CHARITY

$2,000,000

GUGGENHEIM MUSEUM

PURPOSE: CHARITY

$1,020,000

NORTHWELL HEALTH FOUNDATION

PURPOSE: CHARITY

$710,500

PARK AVENUE SYNAGOGUE

PURPOSE: CHARITY

$242,023

THE JEWISH MUSEUM

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITY

$68,000

92Y

PURPOSE: CHARITY

$66,667
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