George Kaplan Memorial Foundation Inc
- Assets
- $423.1k
- Revenue
- $7.9k
- Investments
- $394.3k
- Employees
- 0
- Location
- St Louis Park, MN
- Founding
- 04/1952
- Data as of
- 12/2022
- EIN
- 41-6039944
Organization Overview
George Kaplan Memorial Foundation Inc is located in St Louis Park, MN. The organization was established in 1952. 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. George Kaplan Memorial 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.
Since 2017, George Kaplan Memorial Foundation Inc has awarded 48 individual grants totaling $181,550. 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 |
|---|---|---|---|
Allan Baumgarten Sec/treas | 1 | $0 | |
David Toushin President | 1 | $0 | |
Jerry Ingber Trustee | 1 | $0 | |
Bruce Fink Trustee | 1 | $0 | |
Jenifer Robins Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,709 |
| Dividends & Interest | $18,714 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,536 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,887 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $244 |
| Total operating and administrative expenses | $6,172 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $31,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,718 |
| 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 | $1,060 |
| Total assets | $423,095 |
| 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 | $205 |
| Total liabilities | $205 |
Grants Awarded
Over the last fiscal year, George Kaplan Memorial Foundation Inc has awarded $31,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HEILICHER MINNEAPOLIS JEWISH DAY SCHOOL PURPOSE: GENERAL FUNDING | $5,000 |
LUBAVITCH CHEDER PURPOSE: SCHOLARSHIPS AND GENERAL FUNDING | $1,800 |
HERZL CAMP PURPOSE: SCHOLARSHIPS | $3,600 |
MINNESOTA JEWISH COMMUNITY CENTER PURPOSE: CAPITAL CAMPAIGN | $6,000 |
NCSY PURPOSE: PROGRAMMING | $3,600 |
TORAH ACADEMY PURPOSE: SCHOLARSHIPS AND GENERAL FUNDING | $3,000 |