The@david Minkin Foundation
- Assets
- $16.4m
- Revenue
- $1.7m
- Investments
- $15.8m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 55-0874960
Organization Overview
The@david Minkin Foundation is located in Palm Beach, FL. The organization was established in 2008. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@david Minkin 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 12/2021, The@david Minkin Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 4 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 2020, The@david Minkin Foundation has awarded 110 individual grants totaling $2,222,300. 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 |
|---|---|---|---|
Pamela Lester Trustee | 2 | $0 | |
Prescott Lester Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $104 |
| Dividends & Interest | $457,127 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,086,467 |
| Capital Gain Net Income | $1,086,467 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $151,640 |
| Total Revenue | $1,695,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,951 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $272,151 |
| Contributions, gifts, grants paid | $1,112,150 |
| Total expenses and disbursements | $1,384,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $617,664 |
| 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 | $683,101 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $16,410,185 |
| 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 | $245,225 |
| Total liabilities | $245,225 |
Grants Awarded
Over the last fiscal year, The@david Minkin Foundation has awarded $1,112,150 in support to 55 organizations.
| Grant Recipient | Amount |
|---|---|
Rochester, MN PURPOSE: GENERAL | $174,850 |
MAX PLANCK FLORIDA FDN PURPOSE: GENERAL | $149,850 |
BASCOM PALMER EYE INSTITUTE PURPOSE: GENERAL | $69,850 |
West Palm Beach, FL PURPOSE: GENERAL | $69,850 |
ALZHEIMER'S FOUNDATION PURPOSE: GENERAL | $59,850 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL | $49,850 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Miami Hebrew Academy Miami Beach, FL | $19,271,856 | $16,534,439 |
Toras Emes Academy Of Miami Inc N Miami Beach, FL | $8,095,050 | $13,123,794 |
Mandel Jewish Community Center Of The Palm Beaches Inc Boynton Beach, FL | $23,146,908 | $13,871,829 |
Honeymoon Israel Foundation Inc Atlanta, GA | $4,189,661 | $5,124,058 |
Jewish Community Facilities Corp Boca Raton, FL | $15,807,779 | $2,924,033 |
Imagination Productions Inc Sunrise, FL | $7,951,961 | $5,736,510 |
Jcc Charitable Project Inc Tampa, FL | $28,872,010 | $4,404,693 |
Jack & Lee Rosen Jewish Community Center Inc Orlando, FL | $831,670 | $3,340,565 |
Isralight South Florida Inc Boynton Beach, FL | $1,622,861 | $3,379,169 |
Jewish Educational Alliance Of Savannah Georgia Inc Savannah, GA | $5,007,722 | $4,068,323 |
Hillels Of Georgia Inc Atlanta, GA | $11,406,142 | $2,806,351 |
Center For The Advancement Of Jewish Education Inc Miami, FL | $4,602,440 | $3,125,243 |