Norman E Alexander Family G Foundation Inc
- Assets
- $95.2m
- Revenue
- $13.8m
- Investments
- $94.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2011
- Data as of
- 12/2023
- EIN
- 26-4413332
Organization Overview
Norman E Alexander Family G Foundation Inc is located in New York, 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. Norman E Alexander Family G 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 12/2023, Norman E Alexander Family G Foundation Inc generated $13.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $3.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Norman E Alexander Family G Foundation Inc has awarded 63 individual grants totaling $19,229,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Binderman Director/presid | 10 | $0 | |
Daniel Binderman Director/vp/sec | 3 | $0 | |
Nancy Cautillo Assist. Secret | 2 | $0 | |
Deborah Binderman Director/ Sec | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,376,419 |
| Interest on Savings | $530,465 |
| Dividends & Interest | $789,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,890,127 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $111,748 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,806,448 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $72,603 |
| Taxes | $16,167 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,042 |
| Total operating and administrative expenses | $348,955 |
| Contributions, gifts, grants paid | $2,650,000 |
| Total expenses and disbursements | $2,998,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,725 |
| Savings and temporary cash investments | $0 |
| 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 | $95,182,266 |
| 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, Norman E Alexander Family G Foundation Inc has awarded $2,650,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH MUSEUM PURPOSE: GENERAL | $75,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL | $580,000 |
BARNARD COLLEGE PURPOSE: GENERAL | $650,000 |
UJA FEDERATION NY PURPOSE: GENERAL | $565,000 |
HOSPITAL FOR SPECIAL SURGERY PURPOSE: GENERAL | $50,000 |
THE JEWISH WEEK PURPOSE: GENERAL | $75,000 |