Steven & Kathy Guttman Family Foundation Inc
- Assets
- $7.3m
- Revenue
- $181.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-4108566
Organization Overview
Steven & Kathy Guttman Family Foundation Inc is located in Miami Beach, FL. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Steven & Kathy Guttman 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.
For the year ending 12/2022, Steven & Kathy Guttman Family Foundation Inc generated $181.9k 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 (56.6%) each year. All expenses for the organization totaled $625.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven J Guttman President And Treasurer | 1 | $0 | |
Kathleen Guttman Vice-President And Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $101,892 |
| Dividends & Interest | $79,108 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $61 |
| Capital Gain Net Income | $61 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $823 |
| Total Revenue | $181,884 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $36,895 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $128,074 |
| Total operating and administrative expenses | $175,369 |
| Contributions, gifts, grants paid | $450,000 |
| Total expenses and disbursements | $625,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $536,419 |
| Savings and temporary cash investments | $0 |
| 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 | $5,631,244 |
| Total assets | $7,283,294 |
| 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, Steven & Kathy Guttman Family Foundation Inc has awarded $450,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKLYN MUSEUM PURPOSE: TO FURTHER THE FOUNDATION'S MISSION | $50,000 |
STEVEN & KATHY GUTTMAN CHARITABLE FUND PURPOSE: TO FURTHER THE FOUNDATION'S MISSION | $200,000 |
MOUNT SINAI MEDICAL CENTER FOUNDATION PURPOSE: TO FURTHER THE FOUNDATION'S MISSION | $100,000 |
YALE NEW HAVEN HOSPITAL PURPOSE: TO FURTHER THE FOUNDATION'S MISSION | $100,000 |