Margaret And Leo Meyer And Hans M Hirsch Foundation
- Assets
- $4.4m
- Revenue
- $1.3m
- Investments
- $3.5m
- Employees
- 0
- Location
- Tuckahoe, NY
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 26-2982246
Organization Overview
Margaret And Leo Meyer And Hans M Hirsch Foundation is located in Tuckahoe, NY. The organization was established in 2011. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Margaret And Leo Meyer And Hans M Hirsch 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 12/2022, Margaret And Leo Meyer And Hans M Hirsch Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $428.3k during the year ending 12/2022. While expenses have increased by 5.1% 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 2016, Margaret And Leo Meyer And Hans M Hirsch Foundation has awarded 37 individual grants totaling $1,882,280. 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 |
|---|---|---|---|
Paul Forster President | 4.75 | $78,000 | |
David Forster Vice President - Treasurer | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43 |
| Dividends & Interest | $191,113 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,063,086 |
| Capital Gain Net Income | $1,063,086 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,254,242 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $78,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $123 |
| Total operating and administrative expenses | $83,328 |
| Contributions, gifts, grants paid | $345,000 |
| Total expenses and disbursements | $428,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,280 |
| Savings and temporary cash investments | $840,283 |
| 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 | $4,368,386 |
| 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, Margaret And Leo Meyer And Hans M Hirsch Foundation has awarded $345,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE PURPOSE: TO SUPPORT IMPORTANT WORK THAT IS DONE THROUGHOUT THE YEAR BY THE ORGANIZATION FOR THE FUTURE OF THE STATE OF ISRAEL AND SCIENCE RESEARCH AT THE WEIZMANN INSTITUTE TO HELP CREATE A BETTER TOMORROW. | $100,000 |
MASSACHUSETTS EYE AND EAR INFIRMARY PURPOSE: TO ASSIST PERSONS WHO ARE IN NEED WHO ARE SERVED BY THE MASSACHUSETTS EYE AND EAR INFIRMARY | $50,000 |
THE JEWISH GUILD FOR THE BLIND PURPOSE: TO HELP THE LIVES OF THOSE SERVED BY THE JEWISH GUILD FOR THE BLIND. | $10,000 |
METROPOLITAN NEW YORK COORDINATING COUNCIL ON JEWISH POVERTY PURPOSE: TO SUPPORT PEOPLE OF THE JEWISH FAITH WHO ARE IN NEED. | $10,000 |
YESHIVA UNIVERSITY PURPOSE: TO SUPPORT PEOPLE OF THE JEWISH FAITH WHO ARE IN NEED. | $125,000 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: TO SUPPORT PEOPLE OF THE JEWISH FAITH WHO ARE IN NEED. | $50,000 |