Pasternak Family Foundation
- Assets
- $2.7m
- Revenue
- -$49.6k
- Investments
- $2.4m
- Employees
- 0
- Location
- Ridgefield Park, NJ
- Founding
- 12/2005
- Data as of
- 06/2022
- EIN
- 55-0887890
Organization Overview
Pasternak Family Foundation is located in Ridgefield Park, NJ. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Pasternak Family 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 06/2022, Pasternak Family Foundation generated -$49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $300.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Pasternak Family Foundation has awarded 110 individual grants totaling $1,139,046. 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 | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $37,594 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$87,256 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$49,631 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,576 |
| Total operating and administrative expenses | $43,938 |
| Contributions, gifts, grants paid | $256,595 |
| Total expenses and disbursements | $300,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,686 |
| Savings and temporary cash investments | $262,780 |
| 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 | $1,052,498 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,661,479 |
| 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, Pasternak Family Foundation has awarded $256,496 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
VALLEY CHABAD PURPOSE: MISSION IS TO PROVIDE THE HIGHEST QUALITY OF EDUCATION TO A DIVERSE COMMUNITY OF JEWISH CHILDREN | $120,000 |
MARK PROJECT FLEISCHMANNS FIRST PURPOSE: TO SUPPORT ECONOMIC DEVELOPMENT EFFORTS IN THE AREAS OF OUTDOOR RECREATION AND TOURISM, ARTS AND CULTURE, AGRICULTURE AND FOREST PRODUCTS AND ALTERNATIVE HEALTH AND HEALING AND ON THE BUSINESS AND SOCIAL ACTIVITIES THAT SUPPORT AND SUSTAIN OUR COMMUNITIES. | $30,000 |
Jersey City, NJ PURPOSE: TO SUPPORT MISSION OF NON-PROFIT | $28,600 |
New Paltz, NY PURPOSE: TO ENRICH THE QUALITY OF ACADEMIC LIFE BY RAISING PRIVATE CONTRIBUTIONS TO ENHANCE THE TEACHING, LEARNING AND DISCOVERY THAT TAKES PLACE ON CAMPUS | $25,000 |
PHOENICIA INTERNATIONAL FESTIVAL OF THE VOICE PURPOSE: MISSION IS TO UPLIFT PEOPLE'S SPIRITS | $15,000 |
HAVAYAH CENTER PURPOSE: TO SHARE SPIRITUAL TEACHINGS THAT ASPIRE TO INSPIRE AND TRANSFORM THE READER. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |