Louis & Lena Minkoff Foundation Inc
- Assets
- $363.6k
- Revenue
- $61.5k
- Investments
- $285.7k
- Employees
- 0
- Location
- Hollywood, FL
- Founding
- 02/1967
- Data as of
- 12/2022
- EIN
- 11-6078778
Organization Overview
Louis & Lena Minkoff Foundation Inc is located in Hollywood, FL. The organization was established in 1967. 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. Louis & Lena Minkoff 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.
For the year ending 12/2022, Louis & Lena Minkoff Foundation Inc generated $61.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.7% each year . All expenses for the organization totaled $37.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Minkoff President | 0 | $0 | |
Jane Minkoff Hodes V.p., Treas. | 0 | $0 | |
Tammy Lawlor Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,865 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $53,586 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,531 |
| Contributions, gifts, grants paid | $29,000 |
| Total expenses and disbursements | $37,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,493 |
| 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 | $285,667 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $61,464 |
| Total assets | $363,624 |
| 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 | $714 |
| Total liabilities | $714 |
Grants Awarded
Over the last fiscal year, Louis & Lena Minkoff Foundation Inc has awarded $29,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BERKSHIRE FILM MEDIA COLLABORATIV PURPOSE: PROMOTING AND FACILITATING FILM/MEDI | $2,000 |
CONSTRUCT PURPOSE: HOUSING OPTIONS SUPPORT SVCS | $1,000 |
FAIRVIEW HOSPITAL PURPOSE: HOSPITAL SUPPORT | $5,000 |
INITIATIVES IN ART AND CULTURE PURPOSE: SUPPORT COMMUNITY CULTURE DEVELOPMEN | $1,500 |
NATURE CONSERVATORY PURPOSE: SUPPORT NATURE CONSERVATION | $1,500 |
BOSTON CHLDREN HOSPITAL TRUST PURPOSE: LONG TERM CARE RECOVERY SUPPORT | $18,000 |