Herbert Adelman Foundation
- Assets
- $683.8k
- Revenue
- $89.3k
- Investments
- $683.7k
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 27-6376618
Organization Overview
Herbert Adelman Foundation is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (F12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herbert Adelman 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, Herbert Adelman Foundation generated $89.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $137.1k during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 7 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 2015, Herbert Adelman Foundation has awarded 27 individual grants totaling $689,600. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,062 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,220 |
| Capital Gain Net Income | $80,220 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $115 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,115 |
| Contributions, gifts, grants paid | $135,000 |
| Total expenses and disbursements | $137,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17 |
| 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 | $683,766 |
| 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, Herbert Adelman Foundation has awarded $135,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE OF HOPE PURPOSE: GENERAL | $75,000 |
LOSS PROGRAM CATHOLIC CHARITIES PURPOSE: GENERAL | $50,000 |
BATON ROUGE CRISIS CENTER PURPOSE: GENERAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shatterproof A Nonprofit Corp Norwalk, CT | $11,424,857 | $10,649,976 |
Adcare Educational Institute Inc Worcester, MA | $3,654,090 | $6,323,218 |
Wellbeing Foundation America Inc Williamsville, NY | $5,436,488 | $3,951,095 |
Westchester Arc Foundation Inc Hawthorne, NY | $8,880,961 | $3,479,878 |
Aneni We Answer Inc Brooklyn, NY | $347,761 | $988,729 |
Bfrin Upper Darby, PA | $833,200 | $927,949 |
Mq Foundation Inc New York, NY | $1,128,413 | $1,052,758 |
John Leopold Weil And Geraldine Rickard Weil Memorial Charitable Concord, MA | $2,275,564 | $284,219 |
Recovered Souls Foundation Inc Quincy, MA | $101,149 | $490,145 |
East House Foundation Inc Rochester, NY | $2,878,757 | $575,574 |
Herbert Adelman Foundation New York, NY | $683,766 | $89,282 |
Retailers Alliance Foundation Of New York Inc Northport, NY | $215,709 | $243,893 |