David And Marilyn Krupnick Foundation
- Assets
- $9.1m
- Revenue
- $132.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Gibbsboro, NJ
- Founding
- 10/2008
- Data as of
- 06/2023
- EIN
- 26-2901226
Organization Overview
David And Marilyn Krupnick Foundation is located in Gibbsboro, NJ. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. David And Marilyn Krupnick 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 06/2023, David And Marilyn Krupnick Foundation generated $132.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.2%) each year. All expenses for the organization totaled $582.6k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David And Marilyn Krupnick Foundation has awarded 143 individual grants totaling $3,409,818. 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 |
|---|---|---|---|
Andrew Kushner ESQ Trustee | 5 | $31,187 | |
Michael Bass Trustee | 2 | $23,390 | |
Bridgette Damico Trustee | 2 | $23,391 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $192,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$59,306 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $132,812 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $77,968 |
| 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 | $231 |
| Total operating and administrative expenses | $140,581 |
| Contributions, gifts, grants paid | $442,000 |
| Total expenses and disbursements | $582,581 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $94,246 |
| 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 | $8,975,984 |
| Total assets | $9,070,230 |
| 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, David And Marilyn Krupnick Foundation has awarded $442,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUBS PURPOSE: HEALTHY LIVING PROGRAMS | $10,000 |
CAMDEN SCHOOLS FOUNDATION PURPOSE: STEM LAB | $20,000 |
CATHEDRAL KITCHEN PURPOSE: MEAL PROGRAM PROVIDES FREE MEALS TO IMPOVERISHED FAMILIES AND MEALS FOR AFTER SCHOOL PROGRAMS. | $45,000 |
CENTENARY UMC PURPOSE: HVAC UNIT | $13,000 |
CATHOLIC PATNERSHIP SCHOOLS PURPOSE: GENERAL OPERATING COSTS | $15,000 |
COVENANT HOUSE PURPOSE: FOOD AND SUPPORTIVE SERVICES | $25,000 |