Montreal Heritage Foundation
- Assets
- $3.5m
- Revenue
- $1.1m
- Investments
- $1.5m
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 45-2460754
Organization Overview
Montreal Heritage Foundation is located in Spring Valley, NY. The organization was established in 2011. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montreal Heritage 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 12/2022, Montreal Heritage Foundation generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $221.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Montreal Heritage Foundation has awarded 47 individual grants totaling $2,345,220. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Inzlicht Trustee | 0 | $0 | |
Jack Basch Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $375,007 |
| Dividends & Interest | $27,745 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $664,751 |
| Total Revenue | $1,067,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,674 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $500 |
| Total operating and administrative expenses | $8,754 |
| Contributions, gifts, grants paid | $213,000 |
| Total expenses and disbursements | $221,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,848,724 |
| Savings and temporary cash investments | $33,317 |
| 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 | $101,552 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,535,068 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,518,661 |
| 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, Montreal Heritage Foundation has awarded $213,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED TALMUDICAL ACADEMY PURPOSE: CHARITABLE | $73,000 |
YETEV LEV PURPOSE: CHARITABLE | $60,000 |
HISACHDUS HATALMIDIM PURPOSE: CHARITABLE | $20,000 |
BNOS JERUSALEM PURPOSE: CHARITABLE | $15,000 |
MACHNEH RAV TOV PURPOSE: CHARITABLE | $8,000 |
CONG YOTZER OHR PURPOSE: CHARITABLE | $15,000 |