Morris And Marcy Tbeile Family Foundation Inc
- Assets
- $191.7k
- Revenue
- $117.5k
- Investments
- $191.1k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2013
- Data as of
- 11/2023
- EIN
- 46-1619821
Organization Overview
Morris And Marcy Tbeile Family Foundation Inc is located in Brooklyn, NY. The organization was established in 2013. 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. Morris And Marcy Tbeile Family Foundation Inc 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 11/2023, Morris And Marcy Tbeile Family Foundation Inc generated $117.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $122.8k during the year ending 11/2023. While expenses have increased by 9.8% 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 2015, Morris And Marcy Tbeile Family Foundation Inc has awarded 93 individual grants totaling $782,147. 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 |
|---|---|---|---|
Morris Tbeile Director | 3 | $0 | |
Marcy Tbeile Director | 1 | $0 | |
Rachel Tbeile Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $117,100 |
| Interest on Savings | $0 |
| Dividends & Interest | $434 |
| 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 | $0 |
| Total Revenue | $117,534 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $517 |
| Total operating and administrative expenses | $517 |
| Contributions, gifts, grants paid | $122,240 |
| Total expenses and disbursements | $122,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $631 |
| 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 | $191,685 |
| Accounts payable and accrued expenses | $8,249 |
| 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 | $3,266 |
| Total liabilities | $11,515 |
Grants Awarded
Over the last fiscal year, Morris And Marcy Tbeile Family Foundation Inc has awarded $122,240 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION DARCHEI NOAM INC PURPOSE: CHARITABLE PURPOSES | $1,000 |
MISCELLANEOUS DONATIONS UNDER 1000 PURPOSE: CHARITABLE PURPOSES | $2,789 |
MISHKAN TORAH PURPOSE: CHARITABLE PURPOSES | $22,548 |
SYNAGOGUE OF OAKHURST COMMUNITY CENTER INC PURPOSE: CHARITABLE PURPOSES | $9,898 |
YESHIVAH OF FLATBUSH PURPOSE: CHARITABLE PURPOSES | $48,500 |
CHASDEI YITZCHAK PURPOSE: CHARITABLE PURPOSES | $2,400 |