Hematian Family Charity Foundation Inc
- Assets
- $0.0
- Revenue
- $94.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Kings Point, NY
- Founding
- 08/2014
- Data as of
- 10/2020
- EIN
- 46-4150486
Organization Overview
Hematian Family Charity Foundation Inc is located in Kings Point, NY. The organization was established in 2014. 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. Hematian Family Charity 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 10/2020, Hematian Family Charity Foundation Inc generated $94.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $102.4k during the year ending 10/2020. While expenses have increased by 17.6% per year over the past 3 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fatollah Hematian Director | 0 | $0 | |
Baback Hematian Director | 0 | $0 | |
Behdad Hematian Director | 0 | $0 | |
Anita Hematian Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $94,160 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,160 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $628 |
| Contributions, gifts, grants paid | $101,813 |
| Total expenses and disbursements | $102,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,194 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,279 |
Grants Awarded
Over the last fiscal year, Hematian Family Charity Foundation Inc has awarded $101,813 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UMJCA PURPOSE: RELIGIOUS EDUCATION | $54,000 |
BET ELYAHU CONG OF GREAT NECK PURPOSE: RELIGIOUS EDUCATION | $18,000 |
Great Neck, NY PURPOSE: RELIGIOUS EDUCATION | $10,300 |
YESHIVA YAKIR YAKIREI YERUSHALAIM PURPOSE: RELIGIOUS EDUCATION | $9,600 |
CHIKEN FOR SHABBOS PURPOSE: RELIGIOUS EDUCATION | $5,000 |
AMERICAN FREINDS OF IRGUN PURPOSE: RELIGIOUS EDUCATION | $2,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |