Michael And Merle Orlove Family Foundation Inc
- Assets
- $332.3k
- Revenue
- $234.9k
- Investments
- $283.8k
- Employees
- 0
- Location
- Aventura, FL
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 65-1032895
Organization Overview
Michael And Merle Orlove Family Foundation Inc is located in Aventura, FL. The organization was established in 2001. 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. Michael And Merle Orlove 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 12/2022, Michael And Merle Orlove Family Foundation Inc generated $234.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $98.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Michael And Merle Orlove Family Foundation Inc has awarded 114 individual grants totaling $723,603. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Orlove President | 2.5 | $0 | |
Merle Orlove Director | 0.5 | $0 | |
Marni Orlove Director | 0.5 | $0 | |
Matthew Orlove Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $203,682 |
| Interest on Savings | $20 |
| Dividends & Interest | $489 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,744 |
| Capital Gain Net Income | $127,015 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $234,935 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $5 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5 |
| Contributions, gifts, grants paid | $98,225 |
| Total expenses and disbursements | $98,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,493 |
| 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 | $332,330 |
| 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, Michael And Merle Orlove Family Foundation Inc has awarded $98,225 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
DAVID POSNACK JEWISH COMMUNITY CENTER PURPOSE: THE DAVID POSNACK JEWISH COMMUNITY CENTERENRICHES LIVES BY CONNECTING PEOPLETHROUGH CULTURAL, EDUCATIONAL, SOCIAL, RECREATIONAL AND WELLNESS PROGRAMS IN AN ENVIRONMENT OF FUN, FRIENDSHIP AND UNITY. THE J IS OPEN TO ALL AND PROUDLY GUIDED BY JEWISH VALUES. | $20,000 |
GREATER MIAMI JEWISH FEDERATION PURPOSE: TO MOBILIZE HUMAN AND FINANCIAL RESOURCES TO CARE FOR THOSE IN NEED, STRENGTHEN JEWISH LIFE AND ADVANCE THE UNITY, VALUES AND SHARED PURPOSE OF THE JEWISH PEOPLE IN MIAMI, IN ISRAEL AND AROUND THE WORLD. | $20,000 |
JAFCO PURPOSE: TO CARE FOR ABUSED, NEGLECTED AND AT-RISK CHILDREN AS WELL AS THOSE WITH DEVELOPMENTAL DISABILITIES IN THE JEWISH COMMUNITY AND TO WORK IN PARTNERSHIP WITH FAMILIES AND THE ENTIRE COMMUNITY. | $1,800 |
JEWISH COMMUNITY SERVICES OF SOUTH FLORIDA (JCS) PURPOSE: THE MISSION OF JEWISH COMMUNITY SERVICES IS TO IMPROVE THE QUALITY OF LIFE AND SELF-SUFFICIENCY OF THE JEWISH AND BROADER COMMUNITIES THROUGHOUTSOUTH FLORIDA IN ACCORDANCE WITH JEWISH VALUES. | $180 |
TEMPLE BETH EMET PURPOSE: TZEDAKAH IS THE GREAT JEWISH TRADITION OF CONTRIBUTING FROM INDIVIDUAL RESOURCES TOWARD THE GOOD OF THE WHOLE COMMUNITY. RABBINIC TEACHING INFORMS US THAT THE CONSTRUCTION OF THE TEMPLE WAS NOT COMPLETED UNTIL EVERYONE HAD CONTRIBUTED TO THE EFFORT, AND THAT THE VERY STRENGTH OF THE COMMUNITY WAS DEPENDENT UPON THE GOOD WILL AND DONATIONS OF EACH AND EVERY ONE OF OUR ANCESTORS. AT TEMPLE BETH EMET, WE HONOR THAT TRADITION, AND TREASURE EACH AND EVERY GIFT TO STRENGTHEN OUR SACRED JEWISH COMMUNITY. | $400 |
THE NEW WORLD SYMPHONY PURPOSE: THE NEW WORLD SYMPHONY, AMERICA'S ORCHESTRAL ACADEMY (NWS), PREPARES GRADUATES OF MUSIC PROGRAMS FOR LEADERSHIP ROLES IN PROFESSIONAL ORCHESTRAS AND ENSEMBLES. | $25,000 |