Alice Rosenwald Fund is located in New York, NY. The organization was established in 1983. 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. Alice Rosenwald Fund 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 04/2022, Alice Rosenwald Fund generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $1.5m during the year ending 04/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Alice Rosenwald Fund has awarded 42 individual grants totaling $3,725,250. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alice Rosenwald President & Director | 1 | $0 | |
David Buss Vice President & Director | 0.25 | $0 | |
James Ledley Secretary & Director | 0.25 | $0 | |
Joel Zbar Treasurer | 0.25 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Circle Wealth Management Llc | 4/29/23 | $188,355 |
Eisner Advisory Group Llc | 4/29/23 | $88,560 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $462,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $817,272 |
| Capital Gain Net Income | $817,272 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$193,771 |
| Total Revenue | $1,085,661 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,942 |
| Total operating and administrative expenses | $306,985 |
| Contributions, gifts, grants paid | $1,186,000 |
| Total expenses and disbursements | $1,492,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,544 |
| Savings and temporary cash investments | $525,647 |
| 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 | $7,339,633 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,265,149 |
| 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, Alice Rosenwald Fund has awarded $1,450,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: GENERAL SUPPORT | $15,000 |
JCC ROCKLAND PURPOSE: GENERAL SUPPORT | $6,000 |
LEHIGH UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |
LIFE RECAPTURED INC PURPOSE: GENERAL SUPPORT | $5,000 |
MARLENE MEYERSON JCC PURPOSE: GENERAL SUPPORT | $2,000 |
MCLEAN HOSPITAL PURPOSE: GENERAL SUPPORT | $10,000 |