Kaufman Family Charitable Foundation Trust is located in Hillside, NJ. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2018, Kaufman Family Charitable Foundation Trust generated $177.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $83.3k during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Armin Kaufman Trustee | 0 | $0 | |
Harold Kaufman Trustee | 0 | $0 | |
Esther Goldstein Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $82,325 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,477 |
| Capital Gain Net Income | $95,477 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $177,809 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $491 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,761 |
| Total operating and administrative expenses | $5,252 |
| Contributions, gifts, grants paid | $78,000 |
| Total expenses and disbursements | $83,252 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,702 |
| Savings and temporary cash investments | $50,253 |
| 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 | $1,436 |
| Total assets | $2,277,377 |
| 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 |
Over the last fiscal year, Kaufman Family Charitable Foundation Trust has awarded $78,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BETH JACOB OF BORO PARK PURPOSE: CHARITABLE | $5,000 |
CONG FOREST GLEN PURPOSE: CHARITABLE | $2,500 |
YESHIVA NOAM HATORAH PURPOSE: CHARITABLE | $2,500 |
KOLLEL ZICHRON MENACHEM PURPOSE: CHARITABLE | $3,000 |
MIKVEH PESSEL RIVKAH PURPOSE: CHARITABLE | $50,000 |
TALMUD TORAH MEVAKSHEI HASHEM PURPOSE: CHARITABLE | $15,000 |