Sicherman Family Foundation Inc
- Assets
- $1.6m
- Revenue
- $373.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 05/1995
- Data as of
- 02/2022
- EIN
- 51-0365530
Organization Overview
Sicherman Family Foundation Inc is located in Brooklyn, NY. The organization was established in 1995. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sicherman 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 02/2022, Sicherman Family Foundation Inc generated $373.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $144.0 during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Sicherman Family Foundation Inc has awarded 26 individual grants totaling $2,862,900. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $371,180 |
| Interest on Savings | $2,419 |
| 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 | $373,599 |
| 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 | $144 |
| Total operating and administrative expenses | $144 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,006,160 |
| Savings and temporary cash investments | $0 |
| 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 | $601,204 |
| Total assets | $1,607,364 |
| 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, Sicherman Family Foundation Inc has awarded $1,584,900 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: HUMANITARIAN | $240,000 |
Brooklyn, NY PURPOSE: HUMANITARIAN | $240,000 |
Brooklyn, NY PURPOSE: HUMANITARIAN | $240,000 |
Brooklyn, NY PURPOSE: HUMANITARIAN | $112,000 |
Brooklyn, NY PURPOSE: HUMANITARIAN | $112,000 |
Brooklyn, NY PURPOSE: HUMANITARIAN | $112,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Hill Foundation Woburn, MA | $6,630,527 | $13,875,487 |
Light Of Life Ministries Inc Pittsburgh, PA | $24,514,350 | $12,091,518 |
Caties Closet Inc Dracut, MA | $4,577,081 | $8,342,538 |
Real Alternatives Harrisburg, PA | $3,218,782 | $7,572,282 |
Rescue Mission Of Trenton Trenton, NJ | $15,440,834 | $6,507,086 |
Old Order Amish Helping Program Elizabethville, PA | $294,169,877 | $7,401,236 |
My Brothers Keeper Inc South Easton, MA | $7,204,366 | $7,147,768 |
Peoples Emergency Center Philadelphia, PA | $15,414,180 | $6,602,781 |
Afya Foundation Inc Yonkers, NY | $5,777,434 | $5,238,210 |
Friendly House Inc Worcester, MA | $3,296,125 | $6,043,839 |
Weaverland Financial Aid Lititz, PA | $214,771,821 | $5,826,105 |
Cathedral Soup Kitchen Inc Camden, NJ | $10,231,641 | $6,054,060 |