Hassine Family Foundation
- Assets
- $35.3k
- Revenue
- $50.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Avenel, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 83-4332728
Organization Overview
Hassine Family Foundation is located in Avenel, NJ. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hassine Family 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, Hassine Family Foundation generated $50.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $58.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT, DIRECTLY AND/OR INDIRECTLY (INCLUDING SUPPORTING ORGANIZATIONS WHICH SUPPORT), THOSE WHOSE LIVES ARE IN DANGER FOR BEING WHO THEY ARE, REGARDLESS OF ETHNICITY, WHETHER DUE TO WAR, PERSECUTION, OR VIOLENCE, INCLUDING VULNERABLE REFUGEES, HELPING THEM BUILD NEW LIVES AND REUNITING THEM WITH THEIR FAMILIES IN SAFETY AND FREEDOM, ADVOCATING FOR THE PROTECTION OF REFUGEES AND ASSURING THAT DISPLACED PEOPLE ARE TREATED WITH THE DIGNITY THEY DESERVE, AS WELL AS OTHERWISE PROVIDING HUMANITARIAN AID AND ASSISTANCE TO THOSE IN NEED, WHETHER IN THE UNITED STATES OR ELSEWHERE.
SUPPORT, DIRECTLY AND/OR INDIRECTLY, SUCH OTHER CHARITABLE, SCIENTIFIC, RELIGIOUS, AND EDUCATIONAL PURPOSES AS THE FOUNDATION SHALL REASONABLY UNDERTAKE, WITHOUT REGARD TO WHETHER SUCH PURPOSES ARE CONSISTENT WITH THE FOREGOING PURPOSES ABOVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Hassine Director | 1 | $0 | |
Liliane Hassine Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,104 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,104 |
| 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 | $135 |
| Total operating and administrative expenses | $135 |
| Contributions, gifts, grants paid | $57,928 |
| Total expenses and disbursements | $58,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,283 |
| 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 | $0 |
| Total assets | $35,283 |
| Accounts payable and accrued expenses | $16,455 |
| 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 | $16,455 |
Grants Awarded
Over the last fiscal year, Hassine Family Foundation has awarded $57,928 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AM CANCER SOC CANCER PURPOSE: MEDICAL PROGRAM DONATION | $252 |
BET YAAKOV PURPOSE: RELIGIOUS COMMUNITY PROGRAM DONATION | $1,001 |
CHABAD OF THE SHORE PURPOSE: RELIGIOUS COMMUNITY PROGRAM DONATION | $10,000 |
CHARIDY TALMUDACAL INS PURPOSE: RELIGIOUS EDUCATION PROGRAM DONATION | $1,000 |
CONG KEHILAH JES PURPOSE: RELIGIOUS EDUCATION PROGRAM DONATION | $50 |
CONG OHEL SIMHA YOUTH PURPOSE: RELIGIOUS EDUCATION PROGRAM DONATION | $26,110 |