Charles L And Joan M Hirsch Family Foundation
- Assets
- $1.1m
- Revenue
- $78.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- Cold Spring Harbor, NY
- Founding
- 04/2011
- Data as of
- 12/2021
- EIN
- 27-4313417
Organization Overview
Charles L And Joan M Hirsch Family Foundation is located in Cold Spring Harbor, NY. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Charles L And Joan M Hirsch Family 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 12/2021, Charles L And Joan M Hirsch Family Foundation generated $78.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 41.9% each year . All expenses for the organization totaled $48.8k during the year ending 12/2021. While expenses have increased by 4.6% per year over the past 5 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 2018, Charles L And Joan M Hirsch Family Foundation has awarded 41 individual grants totaling $215,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hirsch Vp,secy,&dir | 4 | $0 | |
Ron Peeples Director | 2 | $0 | |
Nancy Hirsch Director | 2 | $0 | |
Deborah H Peeples Treas & Dir | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $18,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $59,905 |
| Capital Gain Net Income | $59,905 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $78,658 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $414 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,399 |
| Total operating and administrative expenses | $13,803 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $48,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,978 |
| 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 | $729 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,054,518 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $216 |
| Total assets | $1,057,441 |
| 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 | $1,550 |
| Total liabilities | $1,550 |
Grants Awarded
Over the last fiscal year, Charles L And Joan M Hirsch Family Foundation has awarded $35,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
GLAD LEGAL ADVOCATES DEFENDERS PURPOSE: SUPPORT | $5,000 |
TEMPLE BETH EL PURPOSE: SUPPORT | $5,000 |
Montgomery, AL PURPOSE: SUPPORT | $5,000 |
Hauppauge, NY PURPOSE: SUPPORT | $5,000 |
PLANNED PARENTHOOD PURPOSE: SUPPORT | $5,000 |
San Francisco, CA PURPOSE: SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |
J M Lockhart Lockhart J M Ally Herc Pittsburgh, PA | $71,861,137 | $5,661,653 |
John R Mccune Char Trust No 9721 Pittsburgh, PA | $72,660,293 | $3,170,444 |
Lyford Cay Foundation Inc Greenwich, CT | $29,953,842 | $2,393,799 |
Donald P And Mary E Moriarty Charitable Foundation Chatham, NJ | $28,351,035 | $10,104,907 |
Reitmeier Charitable Trust U-W Fund Pittsburgh, PA | $0 | $783,026 |
Wings For Things Foundation Inc Sandy Hook, CT | $31,046,537 | $6,302,092 |
The Daniel E And Joyce G Straus Family Foundation Fort Lee, NJ | $70,788,886 | $23,200,737 |