Tikkun Olam Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $45.6k
- Investments
- $1.1m
- Employees
- 0
- Location
- New Hyde Park, NY
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-3723332
Organization Overview
Tikkun Olam Family Foundation Inc is located in New Hyde Park, NY. The organization was established in 2009. 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. Tikkun Olam Family 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 12/2021, Tikkun Olam Family Foundation Inc generated $45.6k 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 (4.2%) each year. All expenses for the organization totaled $8.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (38.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard G Cohen Secretary | 0 | $0 | |
Carole Pittelman President | 0 | $0 | |
Ira Pittelman Vp/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,250 |
| Dividends & Interest | $26,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,701 |
| Capital Gain Net Income | $13,701 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,709 |
| Total Revenue | $45,606 |
| 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 | $8,312 |
| Total operating and administrative expenses | $8,312 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $8,312 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $255 |
| 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 | $1,062,016 |
| 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, Tikkun Olam Family Foundation Inc has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
TIDES FOUNDATION PURPOSE: TO WORK TO ADVANCE PROGRESSIVE POLICY IN AREAS SUCH AS THE ENVIRONMENT, HEALTH CARE, LABOR ISSUES, IMMIGRANT RIGHTS, GAY RIGHTS, WOMEN'S RIGHTS AND HUMAN RIGHTS | $20,000 |
Cambridge, MA PURPOSE: TO PROMOTE SCIENCE FOR A HEALTHY PLANET AND SAFER WORLD | $10,000 |
Great Neck, NY PURPOSE: TO FUND THE GENERAL FUND OF THE SYNAGOGUE TO PROMOTE ITS RELIGIOUS FUNCTIONS | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: BRINGING EMERGENCY MEDICAL CARE TO PEOPLE WITH THE GREATEST NEED | $10,000 |
New York, NY PURPOSE: TO PROVIDE TEMPORARY HOUSING FOR PEDIATRIC CANCER PATIENTS AND THEIR FAMILIES | $5,000 |
RESOURCE GENERATION PURPOSE: TO ORGANIZE YOUNG PEOPLE IN THE U.S. TO BECOME TRANSFORMATIVE LEADERS WORKING TOWARDS THE EQUITABLE DISTRIBUTION OF WEALTH LAND AND POWER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcare Foundation Of New Jersey Inc Millburn, NJ | $201,281,752 | $11,925,991 |
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hunt Street Fund Inc Needham, MA | $102,244,956 | $9,516,120 |
Virginia B Toulmin Charitable Foundation Iii 20-102080246164 New York, NY | $0 | $3,507,979 |
Foundation For Excellence In Higher Education Inc Princeton, NJ | $10,905,740 | $10,645,198 |
Margaret A Nagel Tr Uw Art 2 Jericho, NY | $960,283 | $58,879 |
James L Vincent Foundation Boston, MA | $11,098,257 | $1,513,039 |