Fuhrman Family Foundation
- Assets
- $57.1m
- Revenue
- $12.8m
- Investments
- $29.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-1579112
Organization Overview
Fuhrman Family Foundation is located in New York, NY. The organization was established in 2014. 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. Fuhrman Family 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, Fuhrman Family Foundation generated $12.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 65.0% each year . All expenses for the organization totaled $4.7m during the year ending 12/2023. While expenses have increased by 14.0% per year over the past 7 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, Fuhrman Family Foundation has awarded 196 individual grants totaling $27,775,420. 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 |
|---|---|---|---|
Glenn R Fuhrman President/treasurer/director | 1 | $0 | |
Amanda Fuhrman Vice President/director | 1 | $0 | |
Risa Daniels Secretary/director | 1 | $0 | |
Eric Lane Director (thru 05/31/23) | 1 | $0 | |
Laura Twersky Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Virtru Investment Partners Inc | 12/30/22 | $188,775 |
Jpmorgan Chase Bank Na | 12/30/22 | $54,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,892,993 |
| Interest on Savings | $1,122,387 |
| Dividends & Interest | $450,026 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $463,798 |
| Capital Gain Net Income | $10,366,122 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $824,516 |
| Total Revenue | $12,753,720 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $133,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,500 |
| Printing and publications | $0 |
| Other expenses | $13,241 |
| Total operating and administrative expenses | $322,271 |
| Contributions, gifts, grants paid | $4,386,945 |
| Total expenses and disbursements | $4,709,216 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,966 |
| Savings and temporary cash investments | $26,351,492 |
| 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 | $19,376,648 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,200,000 |
| Total assets | $57,149,813 |
| 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 | $778,097 |
| Total liabilities | $778,097 |
Grants Awarded
Over the last fiscal year, Fuhrman Family Foundation has awarded $9,186,945 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $125,000 |
AMERICAN CAMP ASSOCIATION PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $5,000 |
BARD COLLEGE PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $250,000 |
BROOKLYN INSTITUTE OF ARTS AND SCIENCES PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $250,000 |
CENTRAL PARK CONSERVANCY PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $1,059,500 |
CENTRAL SYNAGOGUE PURPOSE: FOR DONEE'S EXEMPT PURPOSE | $50,000 |