Nison Pinson Foundation
- Assets
- $617.7k
- Revenue
- $77.9k
- Investments
- $293.0k
- Employees
- 0
- Location
- Bal Harbour, FL
- Founding
- 08/2009
- Data as of
- 12/2022
- EIN
- 26-3376377
Organization Overview
Nison Pinson Foundation is located in Bal Harbour, FL. The organization was established in 2009. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nison Pinson 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, Nison Pinson Foundation generated $77.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $273.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SHALL OPERATE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, MEDICAL OR EDUCATIONAL PURPOSES. ASSETS OF THE FOUNDATION SHALL BE DEVOTED TO MAKING GIFTS FOR SUCH PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NISON PINSON FOUNDATION CONTRIBUTED TOWARD THE EXPANSION OF THE JEWISH COMMUNITY CENTER IN NICE, FRANCE AND CONTRIBUTED TO THE HOLIDAY PROGRAMS AND YOUTH ACTIVITIES IN THE SOUTH OF FRANCE.
THE NISON PINSON FOUNDATION CONTRIBUTED TO SUMMER PROGRAMS AT ANTIBES, FRANCE.
THE NISON PINSON FOUNDATION CONTRIBUTED TOWARD THE ACQUISITION OF A NEW BUILDING FOR THE CHABAD CENTER IN AJACCIO SERVING THE LOCAL COMMUNITY AND TOURISTS IN CORSICA, FRANCE.
THE NISON PINSON FOUNDATION CONTRIBUTED TOWARD SEVERAL SCHOOL PROGRAMS AT COSINICE SCHOOL IN NICE, FRANCE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,500 |
| Interest on Savings | $2,436 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,936 |
| 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 | $0 |
| Contributions, gifts, grants paid | $273,740 |
| Total expenses and disbursements | $273,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,791 |
| Savings and temporary cash investments | $277,916 |
| 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 | $293,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $617,707 |
| 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, Nison Pinson Foundation has awarded $273,740 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOC HABAD LOUBAVITCH NICE ET REGI PURPOSE: YOUTH AND HOLIDAY PROGRAMS | $130,105 |
ASSOCIATION HABAD LOUBAVITCH CORSE PURPOSE: EXPANSION OF COMMUNITY CENTER | $130,406 |
COSINICE PURPOSE: EDUCATIONAL PROGRAMS | $13,229 |