Erlbaum Family Foundation
- Assets
- $3.0m
- Revenue
- $1.3m
- Investments
- $2.8m
- Employees
- 0
- Location
- Ardmore, PA
- Founding
- 05/1998
- Data as of
- 12/2022
- EIN
- 23-2962563
Organization Overview
Erlbaum Family Foundation is located in Ardmore, PA. The organization was established in 1998. 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. Erlbaum 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, Erlbaum Family Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $935.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Erlbaum Family Foundation has awarded 721 individual grants totaling $3,020,144. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
NOT APPLICABLE
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 |
|---|---|---|---|
Gary E Erlbaum President | 1 | $0 | |
Daniel A Erlbaum Director | 1 | $0 | |
Jon L Erlbaum Director | 1 | $0 | |
Marc N Erlbaum Director | 1 | $0 | |
Vicki O Erlbaum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $331,936 |
| Interest on Savings | $149 |
| Dividends & Interest | $31,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $911,139 |
| Capital Gain Net Income | $911,139 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,539 |
| Total Revenue | $1,288,659 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $962 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,795 |
| Total operating and administrative expenses | $6,782 |
| Contributions, gifts, grants paid | $928,231 |
| Total expenses and disbursements | $935,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,353 |
| Savings and temporary cash investments | $150,487 |
| 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 | $3,045,622 |
| Accounts payable and accrued expenses | $2,800 |
| 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 | $795 |
| Total liabilities | $3,595 |
Grants Awarded
Over the last fiscal year, Erlbaum Family Foundation has awarded $928,231 in support to 240 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER CHANCE IN LOWER MERION PURPOSE: GENERAL CHARITABLE PURPOSES | $250 |
ABRAMSON SENIOR CARE PURPOSE: GENERAL CHARITABLE PURPOSES | $118 |
AFULA EDUCATIONAL CENTER PURPOSE: GENERAL CHARITABLE PURPOSES | $1,800 |
AGUDATH ISRAEL OF AMERICA PURPOSE: GENERAL CHARITABLE PURPOSES | $1,800 |
AISH CHAIM PURPOSE: GENERAL CHARITABLE PURPOSES | $1,800 |
ALL4ISRAEL PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |