Krinsky Foundation Inc
- Assets
- $840.9k
- Revenue
- $363.9k
- Investments
- $415.8k
- Employees
- 0
- Location
- Cedarhurst, NY
- Founding
- 07/2014
- Data as of
- 12/2022
- EIN
- 46-3836291
Organization Overview
Krinsky Foundation Inc is located in Cedarhurst, NY. The organization was established in 2014. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Krinsky 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 12/2022, Krinsky Foundation Inc generated $363.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $105.6k during the year ending 12/2022. While expenses have increased by 8.1% 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, Krinsky Foundation Inc has awarded 202 individual grants totaling $1,201,500. 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 |
|---|---|---|---|
Chaya Krinsky Director | 1 | $0 | |
Yisroel Krinsky Director | 1 | $0 | |
Chana Greenwald Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $354,566 |
| Interest on Savings | $232 |
| Dividends & Interest | $10,563 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,435 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $363,926 |
| 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 | $137 |
| Total operating and administrative expenses | $3,713 |
| Contributions, gifts, grants paid | $101,925 |
| Total expenses and disbursements | $105,638 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,742 |
| Savings and temporary cash investments | $404,349 |
| 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 | $840,897 |
| Accounts payable and accrued expenses | $1,101 |
| 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 | $1,101 |
Grants Awarded
Over the last fiscal year, Krinsky Foundation Inc has awarded $101,925 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS CHAYA MUSHKA SCHOOL PURPOSE: GENERAL SUPPORT | $6,747 |
BETH ISREAL CONGREGATION PURPOSE: GENRAL SUPPORT | $1,786 |
CHABAD HEADQUATERS PURPOSE: GENERAL SUPPORT | $2,430 |
CHABAD DOWNTOWN LA PURPOSE: GENERAL SUPPORT | $27,500 |
CHEDER MENACHEM PURPOSE: GENERAL SUPPORT | $7,890 |
CHABAD OF NORTHERN MONMOUTH COUNT PURPOSE: GENERAL SUPPORT | $20,500 |