Gendal Family Charitable Foundation
- Assets
- $2.4m
- Revenue
- -$433.2k
- Investments
- $2.2m
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 06/1996
- Data as of
- 12/2023
- EIN
- 65-6157310
Organization Overview
Gendal Family Charitable Foundation is located in Boca Raton, FL. The organization was established in 1996. 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. Gendal Family Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Gendal Family Charitable Foundation has awarded 80 individual grants totaling $532,953. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
BASED ON THE RECOMMENDATION(S) OF THE TRUSTEES, THE FOUNDATION MAKES DIRECT CASH CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS. THE FOUNDATION'S INTENT IS TO MAKE SUFFICIENT CONTRIBUTIONS TO EXPEND ALL INVESTMENT INCOME RECEIVED DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Gendal Trustee | 1 | $0 | |
Ellen Gendal Trustee | 0 | $0 | |
Phyllis Gendal Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $130,755 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$646,207 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,217 |
| Total Revenue | -$433,235 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,794 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,744 |
| Total operating and administrative expenses | $17,788 |
| Contributions, gifts, grants paid | $121,180 |
| Total expenses and disbursements | $138,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,162 |
| Savings and temporary cash investments | $120,874 |
| 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 | $171,560 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,367,840 |
| 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, Gendal Family Charitable Foundation has awarded $121,180 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BAPIST HEALTH BOCA RATON REGIONAL HOSPITAL PURPOSE: GENERAL USE | $10,000 |
ANIMAL MEDICAL CTR PURPOSE: AMC TO RESCUE & CANCER INITATIVE | $10,000 |
B'NAI TORAH CONGREGATION PURPOSE: KOL NIDRE PLEDGE; DISCRETIONARY FUND | $12,480 |
FAMILY PROMISE OF SOUTH PALM BEACH PURPOSE: FRIENDS OF THE FAMILY | $5,000 |
FISHER HOUSE FOUNDATION PURPOSE: FISHER HOUSE @ WEST PALM BEACH VA MEDICAL CENTER | $5,000 |
HADASSAH WOMEN'S ZOA INC PURPOSE: THE GENDAL FAMILY YOUNG RESEARCH AWARD | $5,000 |