Henry And Sylvia Yaschik Foundation Inc
- Assets
- $10.3m
- Revenue
- $1.2m
- Investments
- $10.3m
- Employees
- 0
- Location
- Charleston, SC
- Founding
- 11/1998
- Data as of
- 12/2021
- EIN
- 58-2281499
Organization Overview
Henry And Sylvia Yaschik Foundation Inc is located in Charleston, SC. The organization was established in 1998. 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. Henry And Sylvia Yaschik 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 12/2021, Henry And Sylvia Yaschik Foundation Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.5% per year over the past 7 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 2014, Henry And Sylvia Yaschik Foundation Inc has awarded 748 individual grants totaling $6,570,432. 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 |
|---|---|---|---|
Howard B Sherman Chairman | 5 | $62,000 | |
Martin Perlmutter President | 5 | $62,000 | |
Paul M Lynch Secretary/treasurer | 5 | $62,000 | |
Thomas M Ervin Board Member | 5 | $62,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $1,164,488 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,876 |
| Capital Gain Net Income | $42,876 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,691 |
| Total Revenue | $1,209,056 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $248,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,940 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,739 |
| Total operating and administrative expenses | $284,306 |
| Contributions, gifts, grants paid | $869,700 |
| Total expenses and disbursements | $1,154,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,643 |
| 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 | $551,359 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,321,266 |
| 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 | $426 |
| Total liabilities | $426 |
Grants Awarded
Over the last fiscal year, Henry And Sylvia Yaschik Foundation Inc has awarded $869,700 in support to 96 organizations.
| Grant Recipient | Amount |
|---|---|
MUSC SHAWN JENKINS CHILDREN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $60,000 |
JEWISH STUDIES CENTER INC PURPOSE: GENERAL SUPPORT | $50,000 |
PORTER-GAUD PURPOSE: GENERAL SUPPORT | $40,000 |
CENTER FOR JEWISH LIFE-CHABAD OF CHAS PURPOSE: GENERAL SUPPORT | $35,000 |
Charleston, SC PURPOSE: GENERAL SUPPORT | $35,000 |
JCC HOUSING CORP-THE SHERMAN HOUSE PURPOSE: GENERAL SUPPORT | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Yhwh Foundation Inc Carrollton, GA | $0 | $14,288,691 |
Drs Bruce & Lee Foundation Florence, SC | $254,078,574 | $12,559,871 |
Families And Communities Rising Inc Durham, NC | $8,732,109 | $17,644,457 |
Charles A Cannon Charitable Trust N0 One Concord, NC | $132,429,020 | $9,552,538 |
Quality Senior Housing Foundation Of East Texas Inc Atlanta, GA | $68,762,519 | $14,924,948 |
Mary Reynolds Babcock Foundation Incorporated Winstonsalem, NC | $253,832,619 | $55,868,843 |
Zeist Foundation Inc Atlanta, GA | $306,093,080 | $21,313,980 |
The Merancas Foundation Inc Charlotte, NC | $181,742,490 | $364,669,812 |
Anverse Inc Cartersville, GA | $0 | $25,436,325 |
Cannon Foundation Inc Concord, NC | $297,494,035 | $30,471,430 |
Uga Real Estate Foundation Inc Athens, GA | $310,229,529 | $14,839,274 |