Dina And Andrew Wallach Foundation
- Assets
- $12.6m
- Revenue
- $244.2k
- Investments
- $9.8m
- Employees
- 0
- Location
- Purchase, NY
- Founding
- 07/2012
- Data as of
- 12/2022
- EIN
- 45-4799778
Organization Overview
Dina And Andrew Wallach Foundation is located in Purchase, NY. The organization was established in 2012. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Dina And Andrew Wallach 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, Dina And Andrew Wallach Foundation generated $244.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (42.3%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Dina And Andrew Wallach Foundation has awarded 69 individual grants totaling $2,254,154. 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
2022
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 |
|---|---|---|---|
Andrew Wallach Trustee | 5 | $0 | |
Dina Wallach Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,676 |
| Dividends & Interest | $185,204 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $29,346 |
| Capital Gain Net Income | $29,346 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $244,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,484 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,780 |
| Total operating and administrative expenses | $155,097 |
| Contributions, gifts, grants paid | $952,954 |
| Total expenses and disbursements | $1,108,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,790,931 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $379 |
| 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 | $12,550,994 |
| 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, Dina And Andrew Wallach Foundation has awarded $952,954 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
LAFAYETTE COLLEGE PURPOSE: GENERAL PURPOSE | $633,333 |
AMERICARES FOUNDATION INC PURPOSE: GENERAL PURPOSE | $100,000 |
RYE COUNTRY DAY SCHOOL PURPOSE: GENERAL PURPOSE | $50,000 |
COLUMBIA BUSINESS SCHOOL PURPOSE: GENERAL PURPOSE | $50,000 |
LEUKEMIA & LYMPHOMA SOCIETY- CTHV PURPOSE: GENERAL PURPOSE | $25,000 |
FOCUS FOR A FUTURE INC PURPOSE: GENERAL PURPOSE | $20,000 |