Alvin And Betty Sellman Charitable Foundation Incorporated
- Assets
- $1.9m
- Revenue
- $10.7k
- Investments
- $1.8m
- Employees
- 0
- Location
- Towson, MD
- Founding
- Data as of
- 12/2023
- EIN
- 86-3254477
Organization Overview
Alvin And Betty Sellman Charitable Foundation Incorporated is located in Towson, MD. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Alvin And Betty Sellman Charitable Foundation Incorporated 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, Alvin And Betty Sellman Charitable Foundation Incorporated generated $10.7k in total revenue. All expenses for the organization totaled $97.8k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alvin Sellman President | 0.5 | $0 | |
Betty Sellman Secretary | 0.5 | $0 | |
Emanuel Levin Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $736 |
| Dividends & Interest | $53,165 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$43,168 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,733 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,084 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,808 |
| Contributions, gifts, grants paid | $75,000 |
| Total expenses and disbursements | $97,808 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,385 |
| 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 | $58,681 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,853,974 |
| 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, Alvin And Betty Sellman Charitable Foundation Incorporated has awarded $75,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MAKE A WISH FOUNDATION PURPOSE: TO PROVIDE WISHES FOR CRITICALLY ILL CHILDREN | $25,000 |
MARYLAND FOOD BANK PURPOSE: PROVIDE FOOD ASSISTANCE TO INDIVIDUALS AND FAMILIES IN NEED | $25,000 |
SCPA PURPOSE: STOP ABUSE AND SUFFERING OF ANIMALS AND PROVIDE PROGRAMS FOR CARETAKERS | $25,000 |