Robert And Mercedes Eichholz Foundation
- Assets
- $69.3m
- Revenue
- $2.8m
- Investments
- $67.8m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/2012
- Data as of
- 12/2023
- EIN
- 45-3670591
Organization Overview
Robert And Mercedes Eichholz Foundation is located in Brooklyn, NY. 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. Robert And Mercedes Eichholz 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 12/2023, Robert And Mercedes Eichholz Foundation generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $5.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Robert And Mercedes Eichholz Foundation has awarded 393 individual grants totaling $15,789,515. 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 |
|---|---|---|---|
Alexa Davidson Suskin Trustee/executive Director | 25 | $150,000 | |
Michael C Davidson Trustee | 3 | $0 | |
Joan Davidson Trustee | 3 | $0 | |
Lyn E Davidson Trustee | 3 | $0 | |
Roger A Eichholz Trustee | 3 | $0 | |
Daniel Dunn Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brown Brother Harriman & Co | 12/30/23 | $173,321 |
Canterbury Consulting | 12/30/23 | $105,093 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,050 |
| Dividends & Interest | $1,412,462 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,243,621 |
| Capital Gain Net Income | $1,218,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $111,966 |
| Total Revenue | $2,796,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $12,059 |
| Interest | $31,073 |
| Taxes | $30,887 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $56,830 |
| Printing and publications | $0 |
| Other expenses | $460,103 |
| Total operating and administrative expenses | $1,054,551 |
| Contributions, gifts, grants paid | $4,800,000 |
| Total expenses and disbursements | $5,854,551 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,280 |
| Savings and temporary cash investments | $1,436,395 |
| 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 | $5,106,987 |
| Net Land, buildings, and equipment | $1,611 |
| Other assets | $0 |
| Total assets | $69,326,921 |
| 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, Robert And Mercedes Eichholz Foundation has awarded $4,800,000 in support to 95 organizations.
| Grant Recipient | Amount |
|---|---|
ACKLAND ART MUSEUM PURPOSE: GENERAL | $10,000 |
AMERICAN DANCE FESTIVAL PURPOSE: GENERAL | $110,000 |
ART TRANSFORMS PURPOSE: STITCHING PROJECT | $20,000 |
ACTOR'S PLAYHOUSE PURPOSE: GENERAL | $5,000 |
ARTIST REPERTORY THEATER PURPOSE: CAPITAL CAMPAIGN | $260,000 |
AMERICAN SOCIETY FOR THE ROYAL ACADEMY OF MUSIC PURPOSE: GENERAL | $5,000 |