Irvin L Siegel Family Foundation Inc is located in Sarasota, FL. The organization was established in 1997. 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. Irvin L Siegel Family 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 12/2023, Irvin L Siegel Family Foundation Inc generated $15.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $233.5k during the year ending 12/2023. While expenses have increased by 15.3% per year over the past 9 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 2015, Irvin L Siegel Family Foundation Inc has awarded 74 individual grants totaling $518,580. 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
THIS FOUNDATION IS A NONOPERATING (DISTRIBUTING) FOUNDATION. ITS ONLY ACTIVITY IS MAKING DISTRIBUTIONS (CONTRIBUTIONS) TO 501(C)(3) ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sandra Krause VP / Secretary | 1 | $5,084 | |
Cherie Baer President | 1 | $6,500 | |
Ben Krause Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $2,017 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $13,744 |
Capital Gain Net Income | $13,744 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $15,761 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $11,584 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $125 |
Total operating and administrative expenses | $15,259 |
Contributions, gifts, grants paid | $218,200 |
Total expenses and disbursements | $233,459 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Over the last fiscal year, Irvin L Siegel Family Foundation Inc has awarded $218,200 in support to 14 organizations.
Grant Recipient | Amount |
---|---|
ALL FAITHS FOOD BANK PURPOSE: GENERAL | $5,000 |
ASOLO THEATRE INC PURPOSE: GENERAL | $5,000 |
BOCA RATON MUSEUM OF ART PURPOSE: GENERAL | $20,000 |
BOCA RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: GENERAL | $20,000 |
JEWISH FEDERATION OF S PALM BEACH PURPOSE: GENERAL | $20,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL | $10,000 |