Greenberg Foundation
- Assets
- $69.4m
- Revenue
- $25.3m
- Investments
- $58.7m
- Employees
- 0
- Location
- Equinunk, PA
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 83-2882842
Organization Overview
Greenberg Foundation is located in Equinunk, PA. The organization was established in 2019. 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. Greenberg 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 12/2022, Greenberg Foundation generated $25.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Greenberg Foundation has awarded 42 individual grants totaling $43,468,945. 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 |
|---|---|---|---|
Corinne P Greenberg President | 1 | $0 | |
Evan G Greenberg Vice President | 1 | $0 | |
Jeffrey W Greenberg Vice President | 1 | $0 | |
Lawrence S Greenberg Vice President | 1 | $0 | |
Shake Nahapetian Secretary/treasurer | 1 | $0 | |
Maurice R Greenberg Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,050,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $704,192 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$567,025 |
| Capital Gain Net Income | $5,390,051 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $115,278 |
| Total Revenue | $25,302,445 |
| 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 | $975 |
| Total operating and administrative expenses | $18,701 |
| Contributions, gifts, grants paid | $2,156,440 |
| Total expenses and disbursements | $2,175,141 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,495,147 |
| Savings and temporary cash investments | $5,036,798 |
| 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 | $17,826,676 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $87,453 |
| Total assets | $69,364,246 |
| Accounts payable and accrued expenses | $12,000 |
| 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 | $12,000 |
Grants Awarded
Over the last fiscal year, Greenberg Foundation has awarded $2,156,440 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ALUMNI & FRIENDS OF LAGUARDIA H SCHOOL PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $1,000 |
COUNCIL ON FOREIGN RELATIONS PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $50,000 |
FAIR LINES AMERICA FOUNDATION PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $25,000 |
FLORIDA SHERIFFS ASSOCIATION PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $100 |
NY PRESBYTERIAN HOSPITAL PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $2,000,000 |
SIGMA ALPHA MU FOUNDATION PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $150 |