St2 Foundation Inc
- Assets
- $30.5m
- Revenue
- $17.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Sunny Isles Beach, FL
- Founding
- 03/2001
- Data as of
- 11/2023
- EIN
- 22-3766419
Organization Overview
St2 Foundation Inc is located in Sunny Isles Beach, FL. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. St2 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 11/2023, St2 Foundation Inc generated $17.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $1.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew J Shechtel Trustee | 0.1 | $0 | |
Martin J Deitchman Trustee | 0.1 | $0 | |
Raquel Shechtel Trustee | 0.1 | $0 | |
Sasttuf Holdings Llc Member | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $16,272,497 |
| Interest on Savings | $510,103 |
| Dividends & Interest | $406,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8 |
| Total Revenue | $17,189,024 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,036 |
| Total operating and administrative expenses | $1,036 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,036 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,922 |
| Savings and temporary cash investments | $24,910,270 |
| 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 | $5,533,573 |
| 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 | $30,454,765 |
| 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, St2 Foundation Inc has awarded $10,536,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH COMMUNAL FUND DAF PURPOSE: FOR THE GENERAL FUND OF THE CHARITY | $10,500,000 |
CHABAD LUBAVITCH MERCER COUNTY PURPOSE: FOR THE GENERAL FUND OF THE CHARITY | $36,000 |