Seltzer Family Foundation Inc
- Assets
- $3.9m
- Revenue
- $170.7k
- Investments
- $3.8m
- Employees
- 0
- Location
- Malvern, PA
- Founding
- 01/1997
- Data as of
- 12/2023
- EIN
- 23-2829071
Organization Overview
Seltzer Family Foundation Inc is located in Malvern, PA. The organization was established in 1997. 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. Seltzer Family 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 12/2023, Seltzer Family Foundation Inc generated $170.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (28.5%) each year. All expenses for the organization totaled $335.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Seltzer Family Foundation Inc has awarded 508 individual grants totaling $1,797,865. 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 |
|---|---|---|---|
Stefanie Seltzer President | 3 | $25,000 | |
David Zlotowski Secretary | 1 | $20,000 | |
Steven Zlotowski Vice President | 1 | $20,000 | |
Debra Seltzer Lewinter Trustee | 1 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,617 |
| Dividends & Interest | $127,595 |
| Net Rental Income | -$579 |
| Net Gain on Sale of Assets | $30,459 |
| Capital Gain Net Income | $30,459 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $85,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $363 |
| Taxes | $1,036 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $124,170 |
| Contributions, gifts, grants paid | $211,650 |
| Total expenses and disbursements | $335,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $180,190 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,931,567 |
| 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, Seltzer Family Foundation Inc has awarded $211,650 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: UNRESTRICTED DONATION | $3,000 |
AMERICAN TECHNION SOCIETY PURPOSE: UNRESTRICTED DONATION | $1,000 |
AMERICAN FRIENDS OF MAGAN DAVID ALO PURPOSE: UNRESTRICTED DONATION | $10,000 |
AMERICAN SOCIETY FOR YAD VASHEM PURPOSE: UNRESTRICTED DONATION | $2,500 |
ANTI DEFAMATION LEAGUE PURPOSE: UNRESTRICTED DONATION | $10,000 |
CLEAN AIR TASK FORCE PURPOSE: UNRESTRICTED DONATION | $500 |