Marvin And Helene Gralnick Foundation Inc
- Assets
- $3.8m
- Revenue
- $88.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 06/1995
- Data as of
- 09/2023
- EIN
- 65-0445458
Organization Overview
Marvin And Helene Gralnick Foundation Inc is located in Austin, TX. The organization was established in 1995. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, 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. Marvin And Helene Gralnick 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.
Since 2016, Marvin And Helene Gralnick Foundation Inc has awarded 29 individual grants totaling $1,125,514. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECEIVE AND ADMINISTER FUNDS FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin J Gralnick Dir / President | 0 | $0 | |
Helene B Gralnick Dir / Secretary | 0 | $0 | |
Turner Inscoe Dir / Treasurer | 0 | $0 | |
Michael Ripp Asst. Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,142 |
| Dividends & Interest | $86,795 |
| Net Rental Income | -$9,899 |
| Net Gain on Sale of Assets | -$14,347 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,990 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $77,222 |
| Depreciation | $5,860 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $91,531 |
| Total operating and administrative expenses | $203,326 |
| Contributions, gifts, grants paid | $363,014 |
| Total expenses and disbursements | $566,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,789 |
| 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 | $295,290 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,327,935 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $102,067 |
| Total assets | $3,756,081 |
| 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 | $2,386 |
| Total liabilities | $2,386 |
Grants Awarded
Over the last fiscal year, Marvin And Helene Gralnick Foundation Inc has awarded $363,014 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
GLENVILLE-CASHIERS RESCUE SQUAD PURPOSE: CHARITABLE | $23,264 |
VISION CASHIERS INC PURPOSE: CHARITABLE | $22,500 |
FISHES & LOAVES FOOD PANTRY PURPOSE: CHARITABLE | $50,000 |
THE VILLAGE GREEN PURPOSE: CHARITABLE | $15,000 |
BOYS AND GIRLS CLUB OF THE PLATEAU INC PURPOSE: CHARITABLE | $252,000 |
CULLOWHEE VOLUNTEER FIRE DEPARTMENT PURPOSE: CHARITABLE | $250 |