Danto Family Foundation A New Jersey Non Profit Corporation
- Assets
- $68.1k
- Revenue
- $104.2k
- Investments
- $41.1k
- Employees
- 0
- Location
- Passaic, NJ
- Founding
- 10/2012
- Data as of
- 12/2023
- EIN
- 45-3616346
Organization Overview
Danto Family Foundation A New Jersey Non Profit Corporation is located in Passaic, NJ. The organization was established in 2012. 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. Danto Family Foundation A New Jersey Non Profit Corporation 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, Danto Family Foundation A New Jersey Non Profit Corporation generated $104.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $174.9k during the year ending 12/2023. While expenses have increased by 16.5% per year over the past 8 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 2014, Danto Family Foundation A New Jersey Non Profit Corporation has awarded 213 individual grants totaling $693,422. 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
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Danto Trustee | 1 | $0 | |
Marilyn Danto Trustee | 0.5 | $0 | |
Netanel Danto Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,500 |
| Interest on Savings | $66 |
| Dividends & Interest | $124 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $28,547 |
| Capital Gain Net Income | $28,547 |
| Net ST Capital Gain | $0 |
| Income Modifications | $9,300 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,237 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $70 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,570 |
| Contributions, gifts, grants paid | $172,285 |
| Total expenses and disbursements | $174,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,012 |
| Savings and temporary cash investments | $9,933 |
| 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 | $0 |
| Total assets | $68,076 |
| 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, Danto Family Foundation A New Jersey Non Profit Corporation has awarded $172,285 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
MISC GRANTS PAID 1000 PURPOSE: TO FURTHER CHARITABLE PURPOSE - VARIOUS RELIGIOUS ORGANIZATIONS | $2,570 |
CONGREGATION DOROG PURPOSE: TO FURTHER CHARITABLE PURPOSE - RELIGIOUS CHARITY | $250 |
KEREN TORAH V'CHESED PURPOSE: TO FURTHER CHARITABLE PURPOSE - RELIGIOUS ORGANIZATION | $1,200 |
VAAD LEORER YERUSHALAYIM PURPOSE: TO FURTHER CHARITABLE PURPOSE - TO AID AND ASSIST NEEDY, SICK, DISABLED OR INDIGENT PEOPLE | $200 |
AMERICAN FRIENDS OF IRGUN TOMCHEI TORAH PURPOSE: TO FURTHER CHARITABLE PURPOSE - RELIGIOUS ORGANIZATION TO PROVIDE SCHOLARSHIPS | $180 |
AMUDEI CHESED INC PURPOSE: TO FURTHER CHARITABLE PURPOSE - TO PROVIDE FINANCIAL ASSISTANCE TO RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS | $1,100 |