Foundation For Fairer Capitalism
- Assets
- $217.3k
- Revenue
- $117.8k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/1990
- Data as of
- 06/2024
- EIN
- 13-3544872
Organization Overview
Foundation For Fairer Capitalism is located in New York, NY. The organization was established in 1990. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Fairer Capitalism 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 06/2024, Foundation For Fairer Capitalism generated $117.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $134.1k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For Fairer Capitalism has awarded 89 individual grants totaling $1,603,700. 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 |
|---|---|---|---|
Ted L Greenberg President | 5 | $0 | |
Jed Alpert Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,761 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,525 |
| Capital Gain Net Income | $114,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,531 |
| Total Revenue | $117,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $303 |
| Total operating and administrative expenses | $6,097 |
| Contributions, gifts, grants paid | $128,000 |
| Total expenses and disbursements | $134,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,324 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $217,324 |
| 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, Foundation For Fairer Capitalism has awarded $128,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
FAINTING ROBIN FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
FRACTURED ATLAS PURPOSE: GENERAL SUPPORT | $5,000 |
SOHO PLAYHOUSE INC PURPOSE: GENERAL SUPPORT | $10,000 |
WEILL CORNELL MEDICINE PURPOSE: GENERAL SUPPORT | $1,000 |
CEDARS SINAI MEDICAL PURPOSE: GENERAL SUPPORT | $10,000 |
TIDES FOUNDATION PURPOSE: GENERAL SUPPORT | $101,000 |