Dr Leon Bromberg Charitable Tr
- Assets
- $9.0m
- Revenue
- $205.1k
- Investments
- $8.5m
- Employees
- 0
- Location
- Galveston, TX
- Founding
- 09/1986
- Data as of
- 04/2023
- EIN
- 76-0193007
Organization Overview
Dr Leon Bromberg Charitable Tr is located in Galveston, TX. The organization was established in 1986. 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. Dr Leon Bromberg Charitable Tr 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 04/2023, Dr Leon Bromberg Charitable Tr generated $205.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $814.9k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dr Leon Bromberg Charitable Tr has awarded 515 individual grants totaling $3,991,881. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $172 |
| Dividends & Interest | $251,485 |
| Net Rental Income | $33,593 |
| Net Gain on Sale of Assets | -$86,395 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,209 |
| Total Revenue | $205,061 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,000 |
| Other employee salaries and wages | $39,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,262 |
| Depreciation | $0 |
| Occupancy | $26,851 |
| Travel, conferences, and meetings | $1,037 |
| Printing and publications | $0 |
| Other expenses | $86,901 |
| Total operating and administrative expenses | $308,383 |
| Contributions, gifts, grants paid | $506,500 |
| Total expenses and disbursements | $814,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,227 |
| 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 | $8,600 |
| Net Investments - land, buildings, equipment | $410,210 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,525,736 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,008,773 |
| 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 | $2,338 |
| Total liabilities | $2,338 |
Grants Awarded
Over the last fiscal year, Dr Leon Bromberg Charitable Tr has awarded $506,500 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION PURPOSE: SPONSORSHIP FOR ANNUAL ALZHEIMERS WALK OCCURING IN GALVESTON | $10,000 |
AMERICAN HEART ASSOCIATION PURPOSE: GRANT FOR DISASTER PREPAREDNESS SERVICES | $10,000 |
ANCHOR POINT PURPOSE: GRANT FOR ANCHOR POINT PATHWAYS TO HOPE CAMP | $7,500 |
ANCHOR POINT PURPOSE: GRANT TO SUPPORT 2022 PATHWAY TO HOPE PROGRAM | $7,500 |
ARTIST BOAT PURPOSE: SPONSORSHIP FOR ANNUAL FLOAT THE BOAT EVENT BENEFITTING ARTIST BOAT | $5,000 |
ASSUMPTION OF THE VIRGIN MARY GREEK ORTHODOX CHURCH PURPOSE: GRANT TO SUPPORT CHURCH NAME DAY AND ANNUAL GREEK FESTIVAL | $15,000 |