Silverman Family Charitable Foundation Inc
- Assets
- $1.5m
- Revenue
- $64.9k
- Investments
- $1.2m
- Employees
- 0
- Location
- Cranbury, NJ
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 22-3658069
Organization Overview
Silverman Family Charitable Foundation Inc is located in Cranbury, 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. Silverman Family Charitable 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 12/2022, Silverman Family Charitable Foundation Inc generated $64.9k in total revenue. All expenses for the organization totaled $87.1k during the year ending 12/2022.
Since 2016, Silverman Family Charitable Foundation Inc has awarded 30 individual grants totaling $793,700. 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 S Silverman Director | 0 | $0 | |
Stephen I Silverman President | 0 | $0 | |
Susannah L Silverman Director | 0 | $0 | |
Mary R Silverman Director | 0 | $0 | |
Elinor W Silverman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,781 |
| Dividends & Interest | $34,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,622 |
| Capital Gain Net Income | $3,622 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $23,704 |
| Total Revenue | $64,859 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $421 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $719 |
| Total operating and administrative expenses | $1,140 |
| Contributions, gifts, grants paid | $86,000 |
| Total expenses and disbursements | $87,140 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,979 |
| Savings and temporary cash investments | $239,779 |
| 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 | $607,200 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,467,716 |
| 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 |
Grants Awarded
Over the last fiscal year, Silverman Family Charitable Foundation Inc has awarded $86,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH COMMITTEE PURPOSE: GERNERAL PURPOSE | $25,000 |
GREENWOOD HOUSE PURPOSE: GENERAL PURPOSE | $25,000 |
THE FATHER CENTER OF NEW JERSEY PURPOSE: GENERAL PURPOSE | $25,000 |
ISLES INC PURPOSE: GENERAL PURPOSE | $2,500 |
TRENTON AREA SOUP KITCHEN PURPOSE: GENERAL PURPOSE | $2,500 |
JEWISH FAMILY CHILDREN'S SERVICES PURPOSE: GENERAL PURPOSE | $2,500 |