Aron And Shaindy Grossman Foundation
- Assets
- $817.5k
- Revenue
- $949.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Monsey, NY
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 46-4427899
Organization Overview
Aron And Shaindy Grossman Foundation is located in Monsey, NY. The organization was established in 2015. 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. Aron And Shaindy Grossman 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, Aron And Shaindy Grossman Foundation generated $949.6k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Aron And Shaindy Grossman Foundation has awarded 133 individual grants totaling $4,474,338. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aron Grossman Trustee | 0 | $0 | |
Shaindy Grossman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $949,600 |
| Interest on Savings | $42 |
| Dividends & Interest | $0 |
| 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 | $949,642 |
| 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 | $250 |
| Total operating and administrative expenses | $2,080 |
| Contributions, gifts, grants paid | $1,287,517 |
| Total expenses and disbursements | $1,289,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,536 |
| Savings and temporary cash investments | $737,993 |
| 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 | $70,000 |
| Total assets | $817,529 |
| 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, Aron And Shaindy Grossman Foundation has awarded $1,287,517 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS CHARITIES PURPOSE: CHARITABLE | $167,293 |
TORAH V'EMUNAH PURPOSE: CHARITABLE | $207,500 |
CONGREGATION BAIS YEHUDA PURPOSE: CHARITABLE | $42,985 |
KOLEL BELZ PURPOSE: CHARITABLE | $10,000 |
CONG BINAS YISOCHER PURPOSE: CHARITABLE | $40,350 |
CONG BELZER SHTEIBEL OF SV PURPOSE: CHARITABLE | $10,634 |