Underground Family Foundation
- Assets
- $28.4m
- Revenue
- $2.8m
- Investments
- $18.3m
- Employees
- 0
- Location
- Founding
- Data as of
- 12/2023
- EIN
- 85-3794803
Organization Overview
Underground Family Foundation is located in null. 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. Underground 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 12/2023, Underground Family Foundation generated $2.8m 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 (43.7%) each year.
Since 2021, Underground Family Foundation has awarded 44 individual grants totaling $4,236,798. 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.
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 |
|---|---|---|---|
Thomas Peters Chair, Treasurer, Director | 1 | $0 | |
Bat Sheva Peters Vice Chair, Secretary, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $715,680 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,603,909 |
| Total Revenue | $2,819,590 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,137 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,259 |
| Total operating and administrative expenses | $12,044 |
| Contributions, gifts, grants paid | $1,844,652 |
| Total expenses and disbursements | $1,856,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,323 |
| Savings and temporary cash investments | $10,008,043 |
| 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 | $15,199,746 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $14,560 |
| Total assets | $28,366,731 |
| 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, Underground Family Foundation has awarded $1,844,652 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR DECISION EDUCATION INC PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $165,000 |
AMERICAN FRIENDS OF LIBINC PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $3,000 |
BELEV ECHAD INC PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $85,000 |
BNEI DAVID FOUNDATION PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $40,000 |
CENTRAL FUND OF ISRAEL PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $1,005,000 |
CHABAD OF GRAMERCY PARK PURPOSE: TO SUPPORT VARIOUS PROGRAMS | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|