Koppelman Family Foundation
- Assets
- $8.7m
- Revenue
- $260.4k
- Investments
- $5.6m
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 09/1998
- Data as of
- 12/2022
- EIN
- 23-2903238
Organization Overview
Koppelman Family Foundation is located in Philadelphia, PA. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koppelman 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 12/2022, Koppelman Family Foundation generated $260.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $766.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Koppelman Family Foundation has awarded 185 individual grants totaling $3,738,358. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Koppelman Trustee | 1 | $0 | |
Robert Friedman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $234,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $23,762 |
| Capital Gain Net Income | $23,762 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $260,386 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,000 |
| Contributions, gifts, grants paid | $762,000 |
| Total expenses and disbursements | $766,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,048,086 |
| 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 | $5,618,277 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,666,363 |
| 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, Koppelman Family Foundation has awarded $762,000 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPT A FAMILY PURPOSE: UNRESTRICTED FOR GENERAL PURPOSE | $30,000 |
BCC FOUNDATION PURPOSE: SCHOLARSHIPS | $50,000 |
BOYS & GIRLS CLUB OF FALL RIVER PURPOSE: UNRESTRICTED FOR GENERAL PURPOSES | $50,000 |
BUSCH WILDLIFE SANCTUARY PURPOSE: UNRESTRICTED FOR GENERAL PURPOSES | $5,000 |
AQUIDNECK LAND TRUST PURPOSE: UNRESTRICTED FOR GENERAL PURPOSES | $10,000 |
BRIGHAM & WOMEN'S HOSPITAL PURPOSE: UROLOGY RESEARCH & EDUCATION FUND | $75,000 |