Sapirstein Stone Weiss Foundation
- Assets
- $0.0
- Revenue
- $1.2m
- Investments
- $9.2m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 07/1953
- Data as of
- 12/2021
- EIN
- 34-6548007
Organization Overview
Sapirstein Stone Weiss Foundation is located in Cleveland, OH. The organization was established in 1953. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Sapirstein Stone Weiss 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, Sapirstein Stone Weiss Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sapirstein Stone Weiss Foundation has awarded 94 individual grants totaling $3,851,450. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTION OF FUNDS TO NUMEROUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Weiss Director | 2 | $0 | |
Zev Weiss Director/treasurer/secreta | 1 | $0 | |
Elie Weiss Director | 2 | $0 | |
Judith Weiss Director | 1 | $0 | |
Gary Weiss Director | 4 | $0 | |
Morry Weiss Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $302,923 |
| Profit on Inventory Sales | $0 |
| Other Income | $49,081 |
| Total Revenue | $1,247,069 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $297,349 |
| Contributions, gifts, grants paid | $1,081,000 |
| Total expenses and disbursements | $1,378,349 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,968 |
| Investments—mortgage loans | $0 |
| Investments—other | $841,722 |
| Other assets | $131,784 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sapirstein Stone Weiss Foundation has awarded $1,081,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP STONE PURPOSE: EDUCATIONAL SUPPORT | $150,000 |
GREEN ROAD SYNAGOGUE PURPOSE: COMMUNITY OUTREACH | $30,000 |
JEWISH COMMUNITY FEDERATION OF CLEVELAND PURPOSE: EDUCATIONAL SUPPORT/COMMUNITY OUTREACH | $900,000 |
THE YAACOV HERZOG CENTER PURPOSE: EDUCATIONAL SUPPORT | $1,000 |