Alan Jay And Sue Kaufman Foundation
- Assets
- $753.6k
- Revenue
- $1.4m
- Investments
- $627.8k
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 03/1988
- Data as of
- 08/2023
- EIN
- 38-2770140
Organization Overview
Alan Jay And Sue Kaufman Foundation is located in Farmington Hills, MI. The organization was established in 1988. 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. Alan Jay And Sue Kaufman 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 08/2023, Alan Jay And Sue Kaufman Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 48.1% each year . All expenses for the organization totaled $1.2m during the year ending 08/2023. While expenses have increased by 53.9% per year over the past 4 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 2020, Alan Jay And Sue Kaufman Foundation has awarded 234 individual grants totaling $2,196,566. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Jay Kaufman Director/president | 0.1 | $0 | |
Sue Kaufman Director/secretary | 0.1 | $0 | |
Emily Ruth Kaufman Director/treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $740,529 |
| Interest on Savings | $0 |
| Dividends & Interest | $41,687 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $649,547 |
| Capital Gain Net Income | $649,547 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,431,763 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $112 |
| Total operating and administrative expenses | $11,672 |
| Contributions, gifts, grants paid | $1,210,884 |
| Total expenses and disbursements | $1,222,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,828 |
| Savings and temporary cash investments | $0 |
| 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 | $753,598 |
| 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, Alan Jay And Sue Kaufman Foundation has awarded $1,210,885 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
ADAT SHALOM SYNAGOGUE PURPOSE: GENERAL PURPOSE GRANT | $6,185 |
ALS OF MICHIGAN PURPOSE: GENERAL PURPOSE GRANT | $100 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM PURPOSE: GENERAL PURPOSE GRANT | $100 |
AUTISM ALLIANCE OF MICHIGAN PURPOSE: GENERAL PURPOSE GRANT | $150 |
BAIS CHABAD TORAH CENTER OF WEST BLOOMFIELD PURPOSE: GENERAL PURPOSE GRANT | $162 |
BEAUMONT HEALTH FOUNDATION PURPOSE: GENERAL PURPOSE GRANT | $35,000 |