Weinshel-Goldfarb Foundation Inc
- Assets
- $734.3k
- Revenue
- $256.2k
- Investments
- $748.6k
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 02/1998
- Data as of
- 06/2023
- EIN
- 22-3553567
Organization Overview
Weinshel-Goldfarb Foundation Inc is located in Ridgewood, NJ. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Weinshel-Goldfarb 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 06/2023, Weinshel-Goldfarb Foundation Inc generated $256.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $277.7k during the year ending 06/2023. While expenses have increased by 6.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Weinshel-Goldfarb Foundation Inc has awarded 88 individual grants totaling $771,929. 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 |
|---|---|---|---|
Elizabeth Weinshel Pres Dir P/t | 1 | $0 | |
Joel Goldfarb VP Dir P/t | 1 | $0 | |
Lonnie Wollin Secy/tres P/t | 0.5 | $0 | |
Ronald Keats VP Dir P/t | 0.5 | $0 | |
Nina Lurie VP Dir P/t | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,711 |
| Interest on Savings | $0 |
| Dividends & Interest | $54,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $198,140 |
| Capital Gain Net Income | $198,140 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $256,200 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,083 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $18,141 |
| Printing and publications | $0 |
| Other expenses | $2,484 |
| Total operating and administrative expenses | $30,173 |
| Contributions, gifts, grants paid | $247,500 |
| Total expenses and disbursements | $277,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$14,274 |
| 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 | $734,287 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Weinshel-Goldfarb Foundation Inc has awarded $247,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BLACKINGASTRO PURPOSE: EDUCATION | $10,000 |
CORAL REEF ALLIANCE PURPOSE: EDUCATION | $39,000 |
COLBY FUND PURPOSE: EDUCATION | $20,000 |
CORNELL LAB OF ORNITHOLOGY PURPOSE: EDUCATION | $10,000 |
GRAN FUTURO FOUNDATION PURPOSE: CHARITABLE | $5,000 |
LINCOLN CENTER FOR THE PERFORMING ARTS PURPOSE: EDUCATION | $4,000 |