Walter Kaner Childrens Foundation Inc
- Assets
- $430.8k
- Revenue
- $17.7k
- Investments
- $409.6k
- Employees
- 0
- Location
- Floral Park, NY
- Founding
- 04/1975
- Data as of
- 11/2023
- EIN
- 23-7377645
Organization Overview
Walter Kaner Childrens Foundation Inc is located in Floral Park, NY. The organization was established in 1975. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter Kaner Childrens 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 11/2023, Walter Kaner Childrens Foundation Inc generated $17.7k 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 (4.6%) each year. All expenses for the organization totaled $140.2k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Walter Kaner Childrens Foundation Inc has awarded 19 individual grants totaling $181,910. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO WORKING CHARITABLE ORGANIZATIONS, STUDENTS SCHOLARSHIPS AND CHILDREN'S PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Claudette Moore Recording/corresponding Secretary | 1 | $0 | |
Steven Wimpfheimer Treasurer | 1 | $0 | |
Josh Sussman Director | 1 | $0 | |
Cindy Fu Director | 1 | $0 | |
David Fu Director | 1 | $0 | |
Michael Damato Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,844 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,105 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $618 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $49,756 |
| Total operating and administrative expenses | $56,768 |
| Contributions, gifts, grants paid | $83,417 |
| Total expenses and disbursements | $140,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,144 |
| 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 | $409,641 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $430,785 |
| 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, Walter Kaner Childrens Foundation Inc has awarded $83,417 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WHEATON COLLEGE PURPOSE: EDUCATIONAL | $5,000 |
FRIENDS OF KAREN GRANT PURPOSE: EDUCATIONAL | $6,500 |
HOLY CROSS HIGH SCHOOL-STUDENT SCHOLARSHIP PURPOSE: EDUCATIONAL | $10,000 |
CAMP GOOD MOURNING GRANT PURPOSE: SUPPLIES FOR CHILDRENS BEREAVEMENT CAMPS. | $9,417 |
THE CHILD CENTER OF NY PURPOSE: SUPPLIES FOR CHILDREN WITH SPECIAL NEEDS. | $15,000 |
QUEENS MUSEUM PURPOSE: ART AND EDUCATIONAL SUPPLIES FOR DISADVANTAGE CHILDREN | $7,500 |