Horowitz Family Foundation
- Assets
- $144.8m
- Revenue
- $18.6m
- Investments
- $130.3m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 05/2014
- Data as of
- 06/2024
- EIN
- 35-7050910
Organization Overview
Horowitz Family Foundation is located in Las Vegas, NV. The organization was established in 2014. 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. Horowitz 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 06/2024, Horowitz Family Foundation generated $18.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.3% each year . All expenses for the organization totaled $8.1m during the year ending 06/2024. While expenses have increased by 34.9% 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 2018, Horowitz Family Foundation has awarded 86 individual grants totaling $19,782,478. 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 |
|---|---|---|---|
Felicia Annette Horowitz Trustee | 7 | $0 | |
Sophia Noel Horowitz Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jpmorgan Chase Bank Na | 6/29/24 | $300,361 |
Venable Llp | 6/29/24 | $61,448 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,540,282 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,941,505 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,858,982 |
| Capital Gain Net Income | $526,013 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,622,805 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $300,361 |
| Total operating and administrative expenses | $508,465 |
| Contributions, gifts, grants paid | $7,580,132 |
| Total expenses and disbursements | $8,088,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,340 |
| Savings and temporary cash investments | $14,469,369 |
| 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 | $144,805,727 |
| 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, Horowitz Family Foundation has awarded $7,580,132 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND CLINIC FOUNDATION PURPOSE: RESEARCHING FOR HEALTH | $100,000 |
LVMPD FOUNDATION FRIENDS OF LAS VEGAS PURPOSE: SUPPORT OF POLICE | $4,740,132 |
UMC FOUNDATION PURPOSE: ADVANCMENT OF CHURCH CONGREGATIONS | $500,000 |
APOLLO THEATER FOUNDATION PURPOSE: THEATER ARTS EVENTS AND EDUCATION | $100,000 |
MAXX CROSBY FOUNDATION PURPOSE: PREVENTION OF SUBSTANCE ABUSE AND YOUTH WELLNESS | $50,000 |
JUGLIFE FOUNDATION PURPOSE: PROVIDE SAFE DRINKING WATER INTERNATIONALLY | $20,000 |