Marvin & Susan Ostreicher Family Foundation
- Assets
- $31.0
- Revenue
- $211.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Valley Stream, NY
- Founding
- 04/1996
- Data as of
- 11/2021
- EIN
- 11-3241597
Organization Overview
Marvin & Susan Ostreicher Family Foundation is located in Valley Stream, NY. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community 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. Marvin & Susan Ostreicher 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 11/2021, Marvin & Susan Ostreicher Family Foundation generated $211.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.3% each year . All expenses for the organization totaled $160.0 during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Marvin & Susan Ostreicher Family Foundation has awarded 22 individual grants totaling $1,542,383. 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 |
|---|---|---|---|
Susan Ostreicher Secty | 5 | $0 | |
Marvin Ostreicher President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $211,000 |
| Interest on Savings | $18 |
| 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 | $211,018 |
| 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 | $160 |
| Total operating and administrative expenses | $160 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31 |
| 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 | $31 |
| 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, Marvin & Susan Ostreicher Family Foundation has awarded $819,650 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MIR YERUSHALAYIM PURPOSE: CHARITABLE | $500,000 |
KEREN ZICHRON ZVI PURPOSE: CHARITABLE | $225,000 |
KOLLEL CHAIIM V'SHALOM PURPOSE: CHARITABLE | $50,000 |
CHABAD OF GLENDALE PURPOSE: CHARITABLE | $26,100 |
YESHIVA DARCHEI TORAH PURPOSE: CHARITABLE | $12,000 |
YESHIVA OF PHILADEPHIA PURPOSE: CHARITABLE | $6,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation For The Greater Capital Region Inc Albany, NY | $120,227,075 | $24,885,752 |
Connecticut Community Foundation Inc Waterbury, CT | $154,014,275 | $11,174,882 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA | $123,167,161 | $16,344,885 |
York County Community Foundation York, PA | $208,424,639 | $17,313,520 |
Chester County Community Foundation Inc West Chester, PA | $86,163,241 | $21,195,715 |
Adirondack Foundation Lake Placid, NY | $81,334,603 | $18,009,853 |
Lehigh Valley Community Foundation Allentown, PA | $80,747,413 | $16,923,036 |
Rossin Foundation Pittsburgh, PA | $44,448,122 | $6,161,535 |
New York City Partnership Foundation Inc New York, NY | $45,208,462 | $5,342,641 |
First Community Foundation Partnership Of Pennsylvania Williamsport, PA | $133,727,811 | $24,687,801 |
Northwest Connecticut Community Foundation Inc Torrington, CT | $136,137,199 | $9,989,668 |
Westchester Community College Foundation Inc Valhalla, NY | $61,692,109 | $7,530,233 |