Dr Jack Widrich Foundation Inc
- Assets
- $1.7m
- Revenue
- $126.8k
- Investments
- $1.5m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 01/1996
- Data as of
- 12/2022
- EIN
- 65-0583046
Organization Overview
Dr Jack Widrich Foundation Inc is located in Miami Beach, FL. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dr Jack Widrich 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 12/2022, Dr Jack Widrich Foundation Inc generated $126.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $237.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dr Jack Widrich Foundation Inc has awarded 80 individual grants totaling $280,905. 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 |
|---|---|---|---|
Linda Weitz Linda Weitz Linda Executive Director | 5 | $49,250 | |
H Jordan Weitz Director | 2 | $27,000 | |
Jamie Weitz Forrest Director | 2 | $27,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,008 |
| Dividends & Interest | $38,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $83,764 |
| Capital Gain Net Income | $83,764 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $126,775 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $103,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,016 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,365 |
| Printing and publications | $0 |
| Other expenses | $2,744 |
| Total operating and administrative expenses | $143,690 |
| Contributions, gifts, grants paid | $93,940 |
| Total expenses and disbursements | $237,630 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $201,757 |
| 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 | $499,068 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,689,470 |
| 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 | $56,453 |
| Total liabilities | $56,453 |
Grants Awarded
Over the last fiscal year, Dr Jack Widrich Foundation Inc has awarded $93,940 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ADRIENNE ARSHT CENTER FOR THE PERFORMING ARTS OF MIAMI-DADE COUNTY PURPOSE: SUPPORT THE ARTS | $3,471 |
APALACHEE FEDERATION OF JEWISH CHARITIES PURPOSE: PROVIDE RELIGIOUS AND EDUCATIONAL CAMP EXPERIENCES FOR CHILDREN | $1,000 |
ARBOR DAY FOUNDATION PURPOSE: EDUCATION REGARDING PLANTING TREES | $250 |
CHABAD LUBAVITCH PURPOSE: JEWISH EDUCATIONAL CENTER | $1,030 |
BRICKELL AVENUE LITERARY SOCIETY PURPOSE: SUPPORT THE ARTS | $455 |
DIABETES RESEARCH INSTITUTE PURPOSE: DIABETES RESEARCH | $5,000 |