Stephen & Ruth Hendel Foundation
- Assets
- $83.4k
- Revenue
- $400.7k
- Investments
- $46.9k
- Employees
- 0
- Location
- Larchmont, NY
- Founding
- 08/1990
- Data as of
- 02/2024
- EIN
- 13-3532037
Organization Overview
Stephen & Ruth Hendel Foundation is located in Larchmont, NY. The organization was established in 1990. 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. Stephen & Ruth Hendel 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 02/2024, Stephen & Ruth Hendel Foundation generated $400.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $415.9k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Stephen & Ruth Hendel Foundation has awarded 49 individual grants totaling $776,107. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE NOTE, THE FOUNDATION IS NOT INVOLVED IN ANY DIRECT CHARITABLE ACTIVITIES. IT'S PRIMARY PURPOSE IS TO SUPPORT,BY CONTRIBUTIONS,OTHER ORGANIZATIONS EXEMPT
UNDER INTERNAL REVENUE CODE SECTION 501(C)(3)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Hendel Trustee | 1 | $0 | |
Ruth Hendel Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $400,000 |
| Interest on Savings | $17 |
| Dividends & Interest | $649 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $400,666 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $139 |
| Total operating and administrative expenses | $2,771 |
| Contributions, gifts, grants paid | $413,137 |
| Total expenses and disbursements | $415,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,236 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $250 |
| 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 | $0 |
| Total assets | $83,353 |
| 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 | $7,600 |
| Total liabilities | $7,600 |
Grants Awarded
Over the last fiscal year, Stephen & Ruth Hendel Foundation has awarded $413,137 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JEWISH WORLD SERVICES PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $50,000 |
ARTS NOVA THEATER INC PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $7,400 |
BATONGA FOUNDATION PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $10,000 |
COLUMBIA UNIVERSITY PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $15,000 |
DANCE LAB NEW YORK PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $2,500 |
EUGENE O'NEILL THEATRE PURPOSE: UNRESTRICTRED SUPPORT OF THE ORGANIZATIONS EXEMPT PURPOSE | $33,351 |