Alfred G & Ida Mendelson Family Foundation Inc
- Assets
- $147.4k
- Revenue
- $13.1k
- Investments
- $123.4k
- Employees
- 0
- Location
- Greenbelt, MD
- Founding
- 06/1970
- Data as of
- 03/2018
- EIN
- 23-7068870
Organization Overview
Alfred G & Ida Mendelson Family Foundation Inc is located in Greenbelt, MD. 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.
For the year ending 03/2018, Alfred G & Ida Mendelson Family Foundation Inc generated $13.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $34.0k during the year ending 03/2018. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ira Mendelson President | 2 | $0 | |
Rebecca Mendelson Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $38 |
| Dividends & Interest | $3,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,354 |
| Capital Gain Net Income | $9,354 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $42 |
| Total Revenue | $13,086 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,977 |
| Contributions, gifts, grants paid | $31,018 |
| Total expenses and disbursements | $33,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,590 |
| Savings and temporary cash investments | $21,414 |
| 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 | $147,369 |
| 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, Alfred G & Ida Mendelson Family Foundation Inc has awarded $31,018 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ADAS ISRAEL CONGREGATION PURPOSE: CHARITABLE PURPOSE | $10,000 |
LUPUS RESEARCH ALLIANCE PURPOSE: CHARITABLE PURPOSE | $2,000 |
CAPITAL CAMPS & RETREAT CENTER PURPOSE: CHARITABLE PURPOSE | $1,018 |
FIRST BOOK PURPOSE: CHARITABLE PURPOSE | $1,000 |
JEWISH FOUNDATION FOR GROUP HOMES PURPOSE: CHARITABLE PURPOSE | $10,500 |
JEWISH SOCIAL SERVICE AGENCY PURPOSE: CHARITABLE PURPOSE | $500 |