Adam R Bronfman Family Foundation Inc
- Assets
- $17.7m
- Revenue
- $1.5m
- Investments
- $15.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2011
- Data as of
- 12/2022
- EIN
- 45-2329181
Organization Overview
Adam R Bronfman Family Foundation Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Adam R Bronfman Family 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 12/2022, Adam R Bronfman Family Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 3.4% 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, Adam R Bronfman Family Foundation Inc has awarded 56 individual grants totaling $3,066,012. 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 |
|---|---|---|---|
Adam R Bronfman President | 0 | $0 | |
Almog Geva Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,623 |
| Interest on Savings | $0 |
| Dividends & Interest | $431,765 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,032,928 |
| Capital Gain Net Income | $1,032,928 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,525,316 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $65,010 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,105 |
| Total operating and administrative expenses | $247,938 |
| Contributions, gifts, grants paid | $1,040,000 |
| Total expenses and disbursements | $1,287,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,807,042 |
| Net Accounts receivable | $55,570 |
| 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 | $901,927 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,625 |
| Total assets | $17,743,917 |
| 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 | $168,480 |
| Total liabilities | $168,480 |
Grants Awarded
Over the last fiscal year, Adam R Bronfman Family Foundation Inc has awarded $1,040,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CIVIL LIBERTIES UNION PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $50,000 |
DUNN SCHOOL PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $150,000 |
DOUBLE H EQUINE FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $5,000 |
EL PASO COMMUNITY FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $50,000 |
MAYO CLINIC FOUNDATION PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $100,000 |
PARTNERS IN SCHOOL INNOVATION PURPOSE: GENERAL CHARITABLE SUPPORT - NO DESIGNATION | $125,000 |