Henry & Elaine Kaufman Foundation Inc
- Assets
- $25.4m
- Revenue
- $324.0k
- Investments
- $24.3m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 02/1970
- Data as of
- 12/2022
- EIN
- 23-7045903
Organization Overview
Henry & Elaine Kaufman Foundation Inc is located in Albany, NY. The organization was established in 1970. 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. Henry & Elaine Kaufman 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, Henry & Elaine Kaufman Foundation Inc generated $324.0k 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 (12.0%) each year. All expenses for the organization totaled $6.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Henry & Elaine Kaufman Foundation Inc has awarded 638 individual grants totaling $19,314,076. 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 |
|---|---|---|---|
Henry Kaufman Pres/treas/dir - As Needed | 0 | $0 | |
Elaine Kaufman Vp/dir - As Needed | 0 | $0 | |
Daniel S Kaufman Sec/dir - As Needed | 0 | $0 | |
Glenn D Kaufman Director - As Needed | 0 | $0 | |
Craig S Kaufman Director - As Needed | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $18,037 |
| Dividends & Interest | $154,104 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,893 |
| Capital Gain Net Income | $151,893 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $324,034 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,051 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,371 |
| Total operating and administrative expenses | $397,109 |
| Contributions, gifts, grants paid | $6,455,500 |
| Total expenses and disbursements | $6,852,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $424,832 |
| Savings and temporary cash investments | $640,795 |
| 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 | $1,098,487 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,381,126 |
| 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, Henry & Elaine Kaufman Foundation Inc has awarded $6,455,500 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
BUSINESS HISTORY CONFERENCE PURPOSE: GENERAL CHARITABLE | $2,500,000 |
CHABAD LUBAVITCH OF NW BERGEN COUNTY PURPOSE: GENERAL CHARITABLE | $8,000 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: GENERAL CHARITABLE | $25,000 |
FELTSMAN PIANO FOUNDATION PURPOSE: GENERAL CHARITABLE | $10,000 |
FRANKLIN LAKES VOLUNTEER AMBULANCE PURPOSE: GENERAL CHARITABLE | $5,000 |
INSTITUTE OF INTERNATIONAL EDUCATION PURPOSE: GENERAL CHARITABLE | $25,000 |