Shari & Jacob Markovitz Family Foundation
- Assets
- $148.6k
- Revenue
- $156.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Teaneck, NJ
- Founding
- Data as of
- 12/2022
- EIN
- 88-3070839
Organization Overview
Shari & Jacob Markovitz Family Foundation is located in Teaneck, NJ. 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. Shari & Jacob Markovitz 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Markovitz Chairman And Treasurer | 1 | $0 | |
Shari Markovitz President | 1 | $0 | |
Issac Markovitz Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $155,000 |
| Interest on Savings | $20 |
| Dividends & Interest | $972 |
| 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 | $155,992 |
| 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 | $196 |
| Total operating and administrative expenses | $196 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $7,196 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,626 |
| 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 | $148,626 |
| 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, Shari & Jacob Markovitz Family Foundation has awarded $7,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IVDU SCHOOL FOR SPECIAL EDUCTION PURPOSE: TO OFFER ENRICHMENT PROGRAM TO HELP STUDENTS | $5,000 |
YAVNEH ACADEMY PURPOSE: TO MOTIVATE STUDENTS TO BECOME CONFIDENT INTELLECTUALLY CURIOUS AND INDEPENDENT THINKERS. | $1,000 |
YESHIVAT SHAALVIM PURPOSE: TO PROVIDE HIGH LEVEL QUALITY TOARAH EDUCTAION TO HUNDEREDS OF STUDENTS | $1,000 |