Moise Y Safra Foundation Inc
- Assets
- $55.2m
- Revenue
- $11.3m
- Investments
- $26.2m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2011
- Data as of
- 12/2023
- EIN
- 27-0521354
Organization Overview
Moise Y Safra Foundation Inc is located in Wilmington, DE. The organization was established in 2011. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Moise Y Safra 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, Moise Y Safra Foundation Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $14.0m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 8 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 2017, Moise Y Safra Foundation Inc has awarded 488 individual grants totaling $117,246,393. 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 |
|---|---|---|---|
Esther Safra Szajman President | 3 | $0 | |
Jacob Safra Vice President, Sec'y | 3 | $0 | |
Edmond Safra Vice President | 3 | $0 | |
James Healy Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,231,281 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,026,553 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,350 |
| Capital Gain Net Income | $3,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,115 |
| Total Revenue | $11,265,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $88,458 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,646 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $932 |
| Printing and publications | $0 |
| Other expenses | $9,535 |
| Total operating and administrative expenses | $216,181 |
| Contributions, gifts, grants paid | $13,740,332 |
| Total expenses and disbursements | $13,956,513 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,643,087 |
| 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 | $26,180,438 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $6,339,987 |
| Total assets | $55,163,512 |
| Accounts payable and accrued expenses | $49,841 |
| Grants payable | $19,090,543 |
| 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 | $19,140,384 |
Grants Awarded
Over the last fiscal year, Moise Y Safra Foundation Inc has awarded $12,510,920 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMITTEE FOR SHAARE ZEDEK PURPOSE: GENERAL OPERATING DONATION | $200,000 |
AMERICAN FRIENDS OF EZRA LEMARPE INC PURPOSE: GENERAL DONATION | $18,000 |
AMERICAN FRIENDS OF JEWISH HOSPITALS AND EDUCATION CENTERS OF BRAZIL PURPOSE: GENERAL OPERATING DONATION | $2,000,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL OPERATING DONATION | $137,000 |
AMERICAN FRIENDS OF LEKET ISRAEL PURPOSE: SOCIAL WELFARE | $280,000 |
AMERICAN FRIENDS OF NAHAL HAREDI PURPOSE: GENERAL OPERATING DONATION | $36,000 |