Samuel J And Ethel Lefrak Charitable Trust
- Assets
- $4.8m
- Revenue
- $446.4k
- Investments
- $4.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 01/1987
- Data as of
- 12/2023
- EIN
- 13-3378881
Organization Overview
Samuel J And Ethel Lefrak Charitable Trust is located in Wilmington, DE. The organization was established in 1987. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Samuel J And Ethel Lefrak Charitable Trust 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 12/2023, Samuel J And Ethel Lefrak Charitable Trust generated $446.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $705.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Samuel J And Ethel Lefrak Charitable Trust has awarded 475 individual grants totaling $3,608,471. 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 |
|---|---|---|---|
Francine Lefrak Trustee | 15 | $120,000 | |
Denise Lefrak Trustee | 5 | $0 | |
Jacqueline Lefrak Trustee | 5 | $0 | |
The Lefrak Trust Company Administrative Trustee | 5 | $12,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $140,161 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $306,280 |
| Capital Gain Net Income | $306,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $446,441 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $132,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18,660 |
| Taxes | $197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,327 |
| Total operating and administrative expenses | $193,166 |
| Contributions, gifts, grants paid | $511,944 |
| Total expenses and disbursements | $705,110 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,351 |
| 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 | $903,811 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,011 |
| Total assets | $4,829,919 |
| 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, Samuel J And Ethel Lefrak Charitable Trust has awarded $511,944 in support to 100 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL LEGAL DEFENSE FUND (CONTRIBUTION) PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $5,000 |
AMERICAN FRIENDS OF MAGEN DAVID ADOM (CONTRIBUTION) PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $10,000 |
APOLLO PACT INC (CONTRIBUTION) PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $1,000 |
ATLANTIC GOLF CLUB EDUCATIONAL FUND (CONTRIBUTION) PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $10,000 |
ASSOCIATION OF COMMUNITY EMPLOYMENT PROGRAMS FOR THE HOMELESS (IN HONOR OF PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $1,000 |
BARNARD COLLEGE (CONTRIBUTION) PURPOSE: RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERACY AND EDUCATIONAL | $15,000 |