Kenneth And Claudia Silverman Family Foundation
- Assets
- $0.0
- Revenue
- $321.1k
- Investments
- $7.3m
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 02/2000
- Data as of
- 12/2020
- EIN
- 22-6831069
Organization Overview
Kenneth And Claudia Silverman Family Foundation is located in Basking Ridge, NJ. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Kenneth And Claudia Silverman Family Foundation 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 12/2020, Kenneth And Claudia Silverman Family Foundation generated $321.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Kenneth And Claudia Silverman Family Foundation has awarded 185 individual grants totaling $5,597,459. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Silverman Trustee/settlor | 0 | $0 | |
Claudia Silverman Trustee/settlor | 0 | $0 | |
Britany Silverman Trustee(full Year)/manager | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $350,623 |
| Interest on Savings | $0 |
| Dividends & Interest | $260,451 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,796 |
| Total Revenue | $321,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $29,342 |
| Contributions, gifts, grants paid | $1,068,983 |
| Total expenses and disbursements | $1,098,325 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,213,555 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,483 |
Grants Awarded
Over the last fiscal year, Kenneth And Claudia Silverman Family Foundation has awarded $391,150 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
ICAHN SCHOOL OF MEDICINE PURPOSE: GENERAL CHARITABLE | $175,000 |
New Brunswick, NJ PURPOSE: GENERAL CHARITABLE | $50,000 |
Gladstone, NJ PURPOSE: GENERAL CHARITABLE | $40,000 |
New York, NY PURPOSE: GENERAL CHARITABLE | $25,000 |
NYU FACES PURPOSE: GENERAL CHARITABLE | $15,000 |
GSB UNIT SCHOLARSHIP FUND PURPOSE: GENERAL CHARITABLE | $13,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |