Weinshel-Goldfarb Foundation Inc
- Assets
- $755.8k
- Revenue
- $261.2k
- Investments
- $792.4k
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 02/1998
- Data as of
- 06/2022
- 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 06/2022, Weinshel-Goldfarb Foundation Inc generated $261.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $327.9k during the year ending 06/2022. While expenses have increased by 21.5% per year over the past 5 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 65 individual grants totaling $524,429. 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 | $12,468 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,779 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $189,975 |
| Capital Gain Net Income | $189,975 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,222 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,729 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $24,214 |
| Printing and publications | $0 |
| Other expenses | $392 |
| Total operating and administrative expenses | $31,545 |
| Contributions, gifts, grants paid | $296,312 |
| Total expenses and disbursements | $327,857 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | -$36,594 |
| 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 | $755,760 |
| 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 $296,312 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
ROUNDABOUT THEATER PURPOSE: EDUCATION | $31,700 |
YALE UNIVERSITY PURPOSE: EDUCATION | $25,000 |
WAVE HILL PURPOSE: CHARITABLE | $25,000 |
COLBY FUND PURPOSE: EDUCATION | $20,000 |
MANHATTAN THEATER CLUB PURPOSE: EDUCATION | $20,000 |
BLACKINGASTRO PURPOSE: EDUCATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kendeda Fund Wilmington, DE | $107,220,402 | $29,360,526 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Jader Trust 4 New York, NY | $1,054,851,689 | $157,383,970 |
Rockefeller Family Fund Inc New York, NY | $156,631,848 | $43,772,368 |
Shapiro-Silverberg Foundation New York, NY | $41,665,129 | $24,069,378 |
Hess Philanthropic Fund New York, NY | $231,447,732 | $32,591,174 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |