Lori And Michael Nash Foundation
- Assets
- $1.6m
- Revenue
- $348.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 09/2017
- Data as of
- 12/2023
- EIN
- 81-4727835
Organization Overview
Lori And Michael Nash Foundation is located in Ridgewood, NJ. The organization was established in 2017. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Lori And Michael Nash Foundation 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, Lori And Michael Nash Foundation generated $348.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $541.9k during the year ending 12/2023. While expenses have increased by 4.1% per year over the past 7 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 2017, Lori And Michael Nash Foundation has awarded 339 individual grants totaling $3,446,547. 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 |
|---|---|---|---|
Lori Nash Director; Secretary & Treasurer | 2 | $0 | |
Michael Nash Director; President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $535 |
| Dividends & Interest | $136,314 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $211,124 |
| Capital Gain Net Income | $211,124 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $347,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $2,053 |
| Total operating and administrative expenses | $2,275 |
| Contributions, gifts, grants paid | $539,583 |
| Total expenses and disbursements | $541,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $104,201 |
| 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 | $1,587,954 |
| 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, Lori And Michael Nash Foundation has awarded $539,583 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY OF DERMATOLOGY ASSOCIATION PURPOSE: PROGRAM SUPPORT | $1,050 |
AMERICAN CANCER SOCIETY PURPOSE: PROGRAM SUPPORT | $106 |
ANSWER THE CALL NEW YORK POLICE & FIRE WIDOWS' & CHILDREN'S BENEFIT FUND PURPOSE: PROGRAM SUPPORT | $11,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: PROGRAM SUPPORT | $5,000 |
BIG BROTHERS BIG SISTERS OF NEW YORK CITY PURPOSE: PROGRAM SUPPORT | $1,080 |
BPEACE PURPOSE: PROGRAM SUPPORT | $373 |