Gantcher Family Foundation
- Assets
- $0.0
- Revenue
- $3.8m
- Investments
- $13.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2011
- Data as of
- 06/2021
- EIN
- 45-0948720
Organization Overview
Gantcher Family Foundation is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Gantcher 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 06/2021, Gantcher Family Foundation generated $3.8m in total revenue. All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 12.4% 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 2015, Gantcher Family Foundation has awarded 121 individual grants totaling $4,985,625. 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 |
|---|---|---|---|
Michael Gantcher Trustee VP Programs | 40 | $200,000 | |
Nathan Gantcher Trustee P/t | 0 | $0 | |
Joel Gantcher Trustee P/t | 0 | $0 | |
Kimberly Gantcher Spodek Trustee P/t | 0 | $0 | |
Alice Gantcher Trustee P/t | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,338,205 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,200 |
| Profit on Inventory Sales | $0 |
| Other Income | $61,514 |
| Total Revenue | $3,826,580 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $200,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $280,472 |
| Contributions, gifts, grants paid | $1,017,300 |
| Total expenses and disbursements | $1,297,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,586,233 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Gantcher Family Foundation has awarded $1,017,300 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $600,000 |
PARK AVENUE SYNAGOGUE PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $100,900 |
New York, NY PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $90,000 |
Dallas, TX PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $50,000 |
PALM BEACH SYNAGOGUE PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $50,000 |
New York, NY PURPOSE: TO AID THE DONEE ORGANIZATIONS IN CARRYING OUT THEIR EXEMPT FUNCTIONS. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |
John R Oishei Consolidated Tr 01091998 Buffalo, NY | $21,967,662 | $5,743,689 |
Goldstein Family Foundation Spring Valley, NY | $15,534,248 | $10,502,547 |
Sol Goldman Charitable Trust New York, NY | $0 | $3,639,060 |
Schwartz Fam Foundation Tr New York, NY | $15,701,646 | $4,641,500 |