The@richard And Marcy Horvitz Foundation
- Assets
- $1.5m
- Revenue
- $6.3m
- Investments
- $25.0k
- Employees
- 0
- Location
- Orange Village, OH
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 31-1533634
Organization Overview
The@richard And Marcy Horvitz Foundation is located in Orange Village, OH. The organization was established in 1997. 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. The@richard And Marcy Horvitz 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 12/2022, The@richard And Marcy Horvitz Foundation generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 33.5% each year . All expenses for the organization totaled $5.7m during the year ending 12/2022. While expenses have increased by 15.2% 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 2015, The@richard And Marcy Horvitz Foundation has awarded 1,366 individual grants totaling $19,310,026. 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 |
|---|---|---|---|
Richard Horvitz President/trustee | 1 | $0 | |
Erica Hartman-Horvitz Trustee | 1 | $0 | |
Diane O Malarik Treasurer/trustee | 1 | $0 | |
Steven L Nutt Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,294,090 |
| Interest on Savings | $965 |
| Dividends & Interest | $6,825 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,987,724 |
| Capital Gain Net Income | $3,987,724 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,289,604 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60,002 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $249 |
| Total operating and administrative expenses | $64,905 |
| Contributions, gifts, grants paid | $5,667,582 |
| Total expenses and disbursements | $5,732,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,520,609 |
| 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 | $1,545,609 |
| 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, The@richard And Marcy Horvitz Foundation has awarded $5,667,582 in support to 118 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION CHAI LIFELINE PURPOSE: GENERAL & UNRESTRICTED | $250 |
AISH HATORAH PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL & UNRESTRICTED | $250 |
BEECH BROOK PURPOSE: GENERAL & UNRESTRICTED | $250 |
BIG BROTHERS BIG SISTERS OF AMERICA PURPOSE: GENERAL & UNRESTRICTED | $250 |
BELLEFAIRE JEWISH CHILDRENS BUREAU PURPOSE: GENERAL & UNRESTRICTED | $250 |