Steven A Melman Foundation Inc is located in Jupiter, FL. The organization was established in 2013. 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. Steven A Melman Foundation Inc 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 12/2023, Steven A Melman Foundation Inc generated $445.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $204.8k during the year ending 12/2023. While expenses have increased by 8.6% per year over the past 5 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, Steven A Melman Foundation Inc has awarded 101 individual grants totaling $689,285. 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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven A Melman President | 10 | $0 | |
David Brown Sect/treas | 2 | $0 | |
Kenneth Shapiro Vice Pres. | 2 | $0 | |
Phyllis Melman Vice Pres. | 2 | $0 | |
Jessica Bhatia Vice Pres. | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $300,326 |
Interest on Savings | $140,836 |
Dividends & Interest | $4,706 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $277,571 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $445,868 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $6,740 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $12,655 |
Printing and publications | $0 |
Other expenses | $7,855 |
Total operating and administrative expenses | $27,250 |
Contributions, gifts, grants paid | $177,562 |
Total expenses and disbursements | $204,812 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $141,979 |
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 | $1,429 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $4,319,210 |
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 |
Over the last fiscal year, Steven A Melman Foundation Inc has awarded $177,562 in support to 24 organizations.
Grant Recipient | Amount |
---|---|
JEWISH FEDERATION PURPOSE: SUPPORT ELDERLYASSISTANCEPROGRAMS | $29,000 |
THE PAP CORPS PURPOSE: SUPPORT COLLEGE OFVETERINARY MEDICINE | $760 |
BOCA RATON REGIONAL HOSP PURPOSE: ELDERLY ASSISTANCEPROGRAMS | $3,750 |
AMERICAN VETERINARY MED FDN PURPOSE: SUPPORT VET MEDICINE TO IMPROVE ANIMAL& HUMAN HEALTH | $1,000 |
FRIENDS OF ISRAEL DEF FORCE PURPOSE: FOR SCHOLARSHIPSTO COMBAT SOLDIERS | $6,800 |
PITTSBURGH AVIATION RESCUE PURPOSE: VOLUNTEER ANIMAL RESCUE | $1,000 |