Corneck Family Foundation Inc
- Assets
- $2.3m
- Revenue
- $2.7m
- Investments
- $787.1k
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2019
- Data as of
- 12/2019
- EIN
- 83-3899849
Organization Overview
Corneck Family Foundation Inc is located in New York, NY. The organization was established in 2019. 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. Corneck Family 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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David M Olasov President | 5 | $20,000 | |
Sharon M Spellman Secretary | 5 | $20,000 | |
Barbara Field Treasurer | 5 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,539,405 |
| Interest on Savings | $12,856 |
| Dividends & Interest | $9,486 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $131,572 |
| Capital Gain Net Income | $132,707 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,693,319 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $60,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $252 |
| Printing and publications | $0 |
| Other expenses | $3,522 |
| Total operating and administrative expenses | $75,433 |
| Contributions, gifts, grants paid | $82,700 |
| Total expenses and disbursements | $158,133 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,130 |
| Savings and temporary cash investments | $1,505,728 |
| 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 | $787,097 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,303,955 |
| 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, Corneck Family Foundation Inc has awarded $82,700 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
GIRLS QUEST PURPOSE: GENERAL OPERATIONS | $41,100 |
TRINITAS HEALTH FOUNDATION PURPOSE: PATIENT ROOM RENOVATION | $10,000 |
ELIZABETH PORTUGUESE LIONS CLUB INC PURPOSE: PROGRAM GRANT | $5,000 |
WORLD CENTRAL KITCHEN PURPOSE: GRANT TO ASSIST FAMILIES | $5,000 |
Elizabeth, NJ PURPOSE: GENERAL OPERATIONS | $5,000 |
Elizabeth, NJ PURPOSE: SCHOLARSHIP FUND DONATION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unicef Usa Impact Fund For Children Inc New York, NY | $79,143,389 | $84,968,409 |
Dimock Community Foundation Inc Roxbury, MA | $0 | $29,896,865 |
Paula And Jerry Gottesman Family Supporting Foundation Inc Whippany, NJ | $103,919,025 | $11,534,966 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ | $561,838 | $13,044 |
Garnet Health Urgent Care P C Middletown, NY | $2,667,409 | $6,635,976 |
The Harry Halloran Jr Charitable Trust Philadelphia, PA | $26,412,399 | $8,412,088 |
Serv Properties And Management Inc Ewing, NJ | $27,477,154 | $8,087,563 |
Dentaquest Care Group Inc Boston, MA | $2,518,678 | $0 |
American Friends Of Sfath Emeth Yeshiva Brooklyn, NY | $187,158 | $4,689,874 |
Dbs Foundation Holdings Harrisburg, PA | $361,345 | $2,360,629 |
Knights Of Columbus Charities Usa Inc New Haven, CT | $92,663,013 | $7,484,954 |
Cfleads Accord, MA | $11,022,103 | $9,422,261 |