The Tuchman Foundation Inc
- Assets
- $11.3m
- Revenue
- $1.2m
- Investments
- $8.7m
- Employees
- 0
- Location
- Kingston, NJ
- Founding
- 03/1996
- Data as of
- 12/2022
- EIN
- 22-6682754
Organization Overview
The Tuchman Foundation Inc is located in Kingston, NJ. The organization was established in 1996. 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. Tuchman 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, Tuchman Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $726.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Tuchman Foundation Inc has awarded 167 individual grants totaling $3,344,058. 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 |
|---|---|---|---|
Martin Tuchman Chairman, President & Trustee | 3 | $0 | |
Richard Gross Vice President, Treasurer & Trustee | 10 | $0 | |
William Geoghan Vice President, Secretary & Trustee | 1 | $0 | |
Arieh Feigenbaum Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $277,186 |
| Net Rental Income | $68,213 |
| Net Gain on Sale of Assets | $677,287 |
| Capital Gain Net Income | $677,287 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,627 |
| Total Revenue | $1,179,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $26 |
| Taxes | $23,246 |
| Depreciation | $68,068 |
| Occupancy | $63,609 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $477 |
| Other expenses | $5,333 |
| Total operating and administrative expenses | $172,220 |
| Contributions, gifts, grants paid | $554,578 |
| Total expenses and disbursements | $726,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $418,735 |
| 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 | $2,151,660 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,396,161 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,018 |
| Total assets | $11,342,586 |
| Accounts payable and accrued expenses | $41,499 |
| 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 | $22,834 |
| Total liabilities | $64,333 |
Grants Awarded
Over the last fiscal year, The Tuchman Foundation Inc has awarded $554,578 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
GREEN MATTERS PURPOSE: GENERAL OPERATING PURPOSES OF ORGANIZATION | $120,000 |
JEWISH FAMILY & CHILDRENS SERVICES PURPOSE: GENERAL OPERATING PURPOSES OF ORGANIZATION | $6,750 |
KINGSTON VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL OPERATING PURPOSES OF ORGANIZATION | $1,596 |
NJIT FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES OF ORGANIZATION | $53,108 |
RWJ HAMILTON FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES OF ORGANIZATION | $46,051 |
SETON HALL UNIVERSITY PURPOSE: GENERAL OEPRATING PURPOSES OF ORGANIZATION | $14,700 |