Srour Foundation Inc
- Assets
- $64.5k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 87-4276494
Organization Overview
Srour Foundation Inc is located in Somerset, NJ. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Srour 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.
Since 2022, Srour Foundation Inc has awarded 13 individual grants totaling $2,120,197. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Serure Director | 2 | $0 | |
Joseph Srour Director | 2 | $0 | |
Shelly Laniado Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,179,599 |
| 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 | $2,179,599 |
| 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 | $400 |
| Total operating and administrative expenses | $400 |
| Contributions, gifts, grants paid | $2,120,197 |
| Total expenses and disbursements | $2,120,597 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,502 |
| 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 | $64,502 |
| 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 | $5,500 |
| Other liabilities | $0 |
| Total liabilities | $5,500 |
Grants Awarded
Over the last fiscal year, Srour Foundation Inc has awarded $2,120,197 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVAS CHESED FUND PURPOSE: CHARITABLE PURPOSES | $5,000 |
AISHEL SHABBAT PURPOSE: CHARITABLE PURPOSES | $12,000 |
AMUDEI CHESED INC PURPOSE: CHARITABLE PURPOSES | $13,000 |
SEPHARDIC CONGREGATION OF HAR HA-LEBANON PURPOSE: CHARITABLE PURPOSES | $30,392 |
MOISHA'S SUPERMARKET PURPOSE: CHARITABLE PURPOSES | $150,000 |
CHABAD OF MIGDAL PURPOSE: CHARITABLE PURPOSES | $5,000 |