Steven A Melman Foundation Inc
- Assets
- $4.3m
- Revenue
- $445.9k
- Investments
- $4.2m
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 38-3892922
Organization Overview
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
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |
Grants Awarded
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 |