Susskind Family Foundation
- Assets
- $88.5k
- Revenue
- $25.0k
- Investments
- $78.1k
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/1998
- Data as of
- 03/2023
- EIN
- 95-4655122
Organization Overview
Susskind Family Foundation is located in Los Angeles, CA. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Susskind 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 03/2023, Susskind Family Foundation generated $25.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $37.0k during the year ending 03/2023. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Susskind Family Foundation has awarded 181 individual grants totaling $406,106. 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 |
|---|---|---|---|
Jeffrey Susskind President & CEO | 5 | $0 | |
Janis Sussskind Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,360 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,079 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,514 |
| Capital Gain Net Income | $2,514 |
| Net ST Capital Gain | $2,514 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,953 |
| 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 | $25 |
| Total operating and administrative expenses | $2,615 |
| Contributions, gifts, grants paid | $34,352 |
| Total expenses and disbursements | $36,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,414 |
| 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 | $88,541 |
| 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, Susskind Family Foundation has awarded $34,352 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF PENNSYLVANIA PURPOSE: TO SUPPORT THE IMMEDIATE OPERATING EXPENSES OF THE UNIVERSITY AND ITS SCHOOLS AND CENTERS. | $5,000 |
SINAI TEMPLE PURPOSE: TO HELP SINAI TEMPLE MAINTAIN IMPORTANT PROGRAMS AND SERVICES FOR ITS CONGREGATION | $10,072 |
VISTA DEL MAR PURPOSE: TO SUPPORT ORGANIZATION THAT HELPS STRUGGLING CHILDREN AND FAMILIES OVERCOME SOCIAL, EMOTIONAL, BEHAVIORAL AND DEVELOPMENTAL CHALLENGES BY PROVIDING THE HIGHEST QUALITY CARE AVAILABLE | $500 |
UNIVERSITY OF MICHIGAN LAW SCHOOL PURPOSE: TO SUPPORT THE IMMEDIATE OPERATING EXPENSES OF THE UNIVERSITY AND ITS SCHOOLS AND CENTERS. | $2,500 |
STAND WITH US PURPOSE: EDUCATIONAL ORGANIZATION FOR A SECURE FUTURE FOR ISRAEL. | $1,000 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: BIRTHRIGHT ISRAEL PROVIDES EDUCATIONAL TRIPS TO JEWISH YOUNG ADULTS. | $1,031 |