G Harold And Leila Mathers Charitable Foundation
- Assets
- $96.0m
- Revenue
- $16.9m
- Investments
- $87.6m
- Employees
- 0
- Location
- Rye Brook, NY
- Founding
- 07/1975
- Data as of
- 12/2021
- EIN
- 23-7441901
Organization Overview
G Harold And Leila Mathers Charitable Foundation is located in Rye Brook, NY. The organization was established in 1975. 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. G Harold And Leila Mathers Charitable 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 12/2021, G Harold And Leila Mathers Charitable Foundation generated $16.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $18.4m during the year ending 12/2021. While expenses have increased by 2.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, G Harold And Leila Mathers Charitable Foundation has awarded 779 individual grants totaling $222,039,593. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Chester Director | 2 | $10,000 | |
Zachary S Handelman Director Of Operatio | 35 | $195,000 | |
Donald E Handelman Vp/treas | 4 | $50,000 | |
David Boyle Sec/dir | 2 | $50,000 | |
Richard Handelman Pres/dir | 4 | $50,000 | |
Judy Herman Director | 2 | $50,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meyer Handelman Company | 12/30/16 | $543,479 |
Anchin Block & Anchin Llp | 12/30/16 | $56,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $249 |
| Dividends & Interest | $7,009,438 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,590,886 |
| Capital Gain Net Income | $4,590,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,340,692 |
| Total Revenue | $16,941,265 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $340,000 |
| Other employee salaries and wages | $555,000 |
| Pension plans, employee benefits | $42,600 |
| Interest | $0 |
| Taxes | $274,351 |
| Depreciation | $11,270 |
| Occupancy | $47,059 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,284,116 |
| Total operating and administrative expenses | $3,356,562 |
| Contributions, gifts, grants paid | $15,066,168 |
| Total expenses and disbursements | $18,422,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,404,401 |
| Savings and temporary cash investments | $1,391,827 |
| Net Accounts receivable | $476,344 |
| 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 | $4,734,702 |
| Investments—mortgage loans | $0 |
| Investments—other | $23,200,262 |
| Net Land, buildings, and equipment | $14,845 |
| Other assets | $380,459 |
| Total assets | $96,045,942 |
| Accounts payable and accrued expenses | $58,219 |
| Grants payable | $19,876,684 |
| 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 | $19,934,903 |
Grants Awarded
Over the last fiscal year, G Harold And Leila Mathers Charitable Foundation has awarded $30,415,831 in support to 102 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: RESEARCH PROJECT | $1,789,096 |
YALE UNIVERSITY PURPOSE: RESEARCH PROJECT | $1,495,600 |
New York, NY PURPOSE: RESEARCH PROJECT | $1,355,825 |
Boston, MA PURPOSE: RESEARCH PROJECT | $1,240,000 |
CALIFORNIA INSTITUTE OF TECHNOLOGY PURPOSE: RESEARCH PROJECT | $1,058,218 |
Cold Spring Harbor, NY PURPOSE: RESEARCH PROJECT | $997,728 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnhold Foundation Inc New York, NY | $497,481,101 | $53,665,580 |
The Morningside Foundation Newton Centre, MA | $22,445,720 | $11,895,776 |
Prudential Foundation Inc Newark, NJ | $137,651,624 | $53,115,847 |
The Grace And Mercy Foundation Inc New York, NY | $617,102,449 | $100,220,039 |
The Patrick J Mcgovern Foundation Inc Boston, MA | $1,660,673,846 | $20,910,577 |
One8 Foundation Boston, MA | $488,764,350 | $32,279,319 |
Peter G Peterson Foundation New York, NY | $1,055,700,983 | $50,280,779 |
Leon Levy Foundation New York, NY | $614,122,389 | $121,596,253 |
Shubert Foundation Inc New York, NY | $671,108,588 | $57,657,953 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Hauser Foundation Inc New York, NY | $0 | $9,971,722 |