N & S Foundation Inc is located in Lakewood, NJ. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. N & S 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, N & S Foundation Inc generated $838.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $1.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, N & S Foundation Inc has awarded 73 individual grants totaling $1,636,217. 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
ALL DISTRIBUTIONS ARE MADE SOLELY TO EXEMPT CHARITABLE ORGANIZATIONS AND INSTITUTIONS THAT QUALIFY FOR EXEMPTION EXCLUSIVELY UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Naphtali Hyman Director | 0 | $0 | |
Shira Hyman Director | 0 | $0 | |
Caryn Lee Hyman Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $625,000 |
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 | $213,773 |
Total Revenue | $838,773 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $52,273 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $5,452 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,334 |
Total operating and administrative expenses | $65,023 |
Contributions, gifts, grants paid | $982,930 |
Total expenses and disbursements | $1,047,953 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $122,340 |
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 | $111,700 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $234,040 |
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 | $64,582 |
Total liabilities | $64,582 |
Over the last fiscal year, N & S Foundation Inc has awarded $982,930 in support to 38 organizations.
Grant Recipient | Amount |
---|---|
SMALL DONATIONS TO VARIOUS 501C3 CL PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $230,443 |
BEIS MEDRASH LUTZK PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $24,534 |
THE DONORS FUND PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $10,000 |
LAKEWOOD CHEDER SCHOOL PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $49,300 |
CONGREGATION TORAH VCHESED PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $27,443 |
AMERICAN FRIENDS OF KUPAT HAIR PURPOSE: TO ASSIST OTHER PHILANTHROPIC CAUSES WITH THEIR EXEMPT PURPOSE. | $90,000 |