David And Roslyn Savitsky Foundation Inc
- Assets
- $144.2k
- Revenue
- $34.9k
- Investments
- $122.6k
- Employees
- 0
- Location
- New Rochelle, NY
- Founding
- 04/2002
- Data as of
- 10/2023
- EIN
- 22-3840864
Organization Overview
David And Roslyn Savitsky Foundation Inc is located in New Rochelle, NY. The organization was established in 2002. 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. David And Roslyn Savitsky 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 10/2023, David And Roslyn Savitsky Foundation Inc generated $34.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $19.2k during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David And Roslyn Savitsky Foundation Inc has awarded 75 individual grants totaling $119,230. 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 |
|---|---|---|---|
David Savitsky Director And President | 1 | $0 | |
Roslyn Savitsky Director & Treasurer | 1 | $0 | |
Marisa Leibowitz Director & Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30,000 |
| Interest on Savings | $409 |
| Dividends & Interest | $2,125 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,362 |
| Capital Gain Net Income | $2,362 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,896 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,454 |
| Contributions, gifts, grants paid | $17,712 |
| Total expenses and disbursements | $19,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,631 |
| Savings and temporary cash investments | $0 |
| 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 | $122,585 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $144,216 |
| 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, David And Roslyn Savitsky Foundation Inc has awarded $17,712 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
DARCHAI MENACHEM SCHOOL PURPOSE: JEWISH EDUCATION | $180 |
BNEI TORAH PURPOSE: FURTHER JEWISH EDICATION | $100 |
BETH ISRAEL CONGREGATION PURPOSE: PROVIDE FUNDING FOR JEWISH EDUCATION | $72 |
FOUNDATION FOR JEWISH CAMPS PURPOSE: JEWISH INFORMAL EDUCATION AND RECREATIONJEWISH INFORMATION EDUCATION | $360 |
YAD LEACHIM PURPOSE: PROVDE FOOD FOR THE NEEDY | $250 |
YOUNG ISRAEL OF NEW ROCHELLE PURPOSE: JEWISH UMBRELLA ORGANIZATIONJEWISH UMBRELLA ORGANIZATION | $7,500 |