Perlmutter Family Foundation
- Assets
- $0.0
- Revenue
- $132.7k
- Investments
- $1.7m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/1988
- Data as of
- 06/2021
- EIN
- 13-3423720
Organization Overview
Perlmutter Family Foundation is located in Brooklyn, NY. The organization was established in 1988. 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. Perlmutter 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 06/2021, Perlmutter Family Foundation generated $132.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $210.1k during the year ending 06/2021. While expenses have increased by 5.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Perlmutter Family Foundation has awarded 284 individual grants totaling $752,295. 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 |
|---|---|---|---|
Louis Perlmutter President/dir | 0 | $0 | |
Barbara Perlmutter Treas./dir | 0 | $0 | |
Kermit Perlmutter V.P. /dir | 0 | $0 | |
Eric Perlmutter V.P. /dir | 0 | $0 | |
Christine Peterson Secretary | 5 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,544 |
| Profit on Inventory Sales | $0 |
| Other Income | -$9,377 |
| Total Revenue | $132,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $1,200 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $32,392 |
| Contributions, gifts, grants paid | $177,750 |
| Total expenses and disbursements | $210,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $177 |
| Investments—mortgage loans | $0 |
| Investments—other | $139,980 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Perlmutter Family Foundation has awarded $137,250 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
14TH STREET Y PURPOSE: UNRESTRICTED | $10,000 |
ACCESS EQUESTRIAN - TWO SOCKS MEMORIAL FUND PURPOSE: UNRESTRICTED | $1,000 |
AMERICAN ASSOCIATION OF WOODTURNERS PURPOSE: UNRESTRICTED | $500 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: UNRESTRICTED | $10,000 |
BEDFORD PLAYHOUSE INC PURPOSE: UNRESTRICTED | $1,000 |
BEND THE ARC PURPOSE: UNRESTRICTED | $1,000 |