Engelberg Foundation
- Assets
- $15.6m
- Revenue
- $2.2m
- Investments
- $14.4m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/1991
- Data as of
- 01/2022
- EIN
- 06-1309603
Organization Overview
Engelberg Foundation is located in Palm Beach, FL. The organization was established in 1991. 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. Engelberg 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 01/2022, Engelberg Foundation generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $101.6k during the year ending 01/2022. As we would expect to see with falling revenues, expenses have declined by (30.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Engelberg Foundation has awarded 230 individual grants totaling $74,940,610. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,247,731 |
| Interest on Savings | $140,095 |
| Dividends & Interest | $271,338 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $365,432 |
| Capital Gain Net Income | $365,432 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $182,798 |
| Total Revenue | $2,207,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $29,828 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $32,209 |
| Total operating and administrative expenses | $62,037 |
| Contributions, gifts, grants paid | $39,600 |
| Total expenses and disbursements | $101,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $880,617 |
| Savings and temporary cash investments | $261,250 |
| 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 | $9,530,641 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,598 |
| Total assets | $15,562,971 |
| 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 | $7,357 |
| Total liabilities | $7,357 |
Grants Awarded
Over the last fiscal year, Engelberg Foundation has awarded $39,600 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: UNRESTRICTED | $15,000 |
West Palm Beach, FL PURPOSE: UNRESTRICTED | $9,500 |
ASPEN MUSIC FESTIVAL AND SCHOOL PURPOSE: UNRESTRICTED | $6,800 |
PALM BEACH POLICE AND FIRE PURPOSE: UNRESTRICTED | $2,500 |
SOUTH FLORIDA PBS PURPOSE: UNRESTRICTED | $2,000 |
MOMA PURPOSE: UNRESTRICTED | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Murray & Sydell Rosenberg Foundation Inc Atlanta, GA | $5,561,714 | $74,985,544 |
Joseph B Whitehead Foundation Atlanta, GA | $148,285,590 | $58,163,845 |
Emergency Assistance Foundation Inc West Palm Beach, FL | $75,784,415 | $87,494,207 |
Winshape Foundation Inc Atlanta, GA | $1,733,664,901 | $22,099,572 |
A Good Name Foundation Inc Atlanta, GA | $709,299,721 | $33,917,740 |
Jane Woodruff Foundation Inc Atlanta, GA | $0 | $54,999,988 |
Truist Foundation Inc Orlando, FL | $535,253,915 | $119,578,224 |
Ups Foundation Inc Atlanta, GA | $8,317,427 | $54,799,163 |
Leslie L Alexander Foundation Delray Beach, FL | $372,501,228 | $8,282,313 |
Publix Super Markets Charities Inc Lakeland, FL | $259,322,738 | $58,315,085 |
O Wayne Rollins Foundation Atlanta, GA | $468,654,801 | $21,609,282 |
Goizueta Foundation Inc Atlanta, GA | $444,757,286 | $34,966,270 |