Jerome R Richard Foundation Inc
- Assets
- $4.2m
- Revenue
- $255.1k
- Investments
- $4.1m
- Employees
- 0
- Location
- Tarrytown, NY
- Founding
- 07/2017
- Data as of
- 12/2022
- EIN
- 82-4376279
Organization Overview
Jerome R Richard Foundation Inc is located in Tarrytown, NY. The organization was established in 2017. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jerome R Richard 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, Jerome R Richard Foundation Inc generated $255.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $345.4k during the year ending 12/2022. While expenses have increased by 1.2% per year over the past 4 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 2020, Jerome R Richard Foundation Inc has awarded 26 individual grants totaling $405,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION TO DONNA KLEIN JEWISH ACADEMY
DONATION TO BOCA RATON REGIONAL HOSPITAL FOUNDATION
DONATION TO TRI COUNTY ANIMAL RESCUE
DONATION TO BORN THIS WAY FOUNDATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Goldsmith President | 12 | $85,833 | |
Ferne Goldsmith Executive Vice President | 7 | $63,667 | |
Sameera Shaheen-Lemonik Board Member | 1 | $0 | |
Carol Forrest Board Member | 1 | $0 | |
Chad Goldsmith Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $123,674 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,964 |
| Capital Gain Net Income | $126,964 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $255,138 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $149,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,619 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $13,242 |
| Printing and publications | $0 |
| Other expenses | $1,055 |
| Total operating and administrative expenses | $270,385 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $345,385 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,035 |
| Savings and temporary cash investments | $47,914 |
| 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 | $4,182,369 |
| 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, Jerome R Richard Foundation Inc has awarded $75,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
PALM BEACH SCHOOL OF AUTISM PURPOSE: TO PROVIDE INNOVATIVE EDUCATION AND BEHAVIORAL SUPPORT TO EMPOWER INDIVIDUALS WITH AUTISM | $10,000 |
WEIL CORNELL MEDICINE PURPOSE: TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR PHYSICIANS AND OTHER ALLIED HEALTH PROFESSIONALS BASED ON IDENTIFIED NEEDS THAT WILL LEAD TO THE IMPROVED HEALTH CARE OF PATIENTS NOW AND FOR FUTURE GENERATIONS. | $30,000 |
TRI COUNTY ANIMAL RESCUE PURPOSE: TO PREVENT THE KILLING OF OVER 270,000 UNWANTED PETS IN BROWARD, MIAMI-DADE, AND PALM BEACH COUNTIES EACH YEAR. | $15,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: TO ADVANCE CURES, AND MEANS OF PREVENTION, FOR PEDIATRIC CATASTROPHIC DISEASES THROUGH RESEARCH AND TREATMENT. | $10,000 |
DONNA KLEIN JEWISH ACADEMY PURPOSE: DEDICATED TO SUPPORTING THE MISSION OF PROVIDING STUDENTS WITH A HOLISTIC EDUCATIONAL EXPERIENCE THAT FUSES LEARNING WITH CHARACTER DEVELOPMENT ROOTED IN JUDAIC TEACHINGS | $10,000 |