Jack And Pearl Resnick Foundation
- Assets
- $5.3m
- Revenue
- $293.9k
- Investments
- $5.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1990
- Data as of
- 03/2024
- EIN
- 13-3579145
Organization Overview
Jack And Pearl Resnick Foundation is located in New York, 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. Jack And Pearl Resnick 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 03/2024, Jack And Pearl Resnick Foundation generated $293.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $277.7k during the year ending 03/2024. While expenses have increased by 2.5% per year over the past 8 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 2016, Jack And Pearl Resnick Foundation has awarded 98 individual grants totaling $2,325,000. 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 |
|---|---|---|---|
Steven J Rotter Treasurer | 0 | $0 | |
Ira Resnick Director/vp | 0 | $0 | |
Marilyn Katz Director/vp/sec | 0 | $0 | |
Kalpana Gajjar Assistant Secretary | 0 | $0 | |
Jonathan D Resnick President/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $90,000 |
| Interest on Savings | $1,280 |
| Dividends & Interest | $202,628 |
| 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 | $293,908 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,355 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $250 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,682 |
| Contributions, gifts, grants paid | $259,000 |
| Total expenses and disbursements | $277,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,453 |
| 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 | $5,300,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,317,453 |
| 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, Jack And Pearl Resnick Foundation has awarded $259,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $25,000 |
AMERICAN FRIENDS OF THE ISRAEL PHILHARMONIC PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $10,000 |
CLAL - THE NATIONAL JEWISH CENTER FOR LEARNING PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $50,000 |
THE HEBREW HOME FOR THE AGED AT RIVERDALE PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $18,000 |
DOROT PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $10,000 |
MORSELIFE FOUNDATION PURPOSE: TO SUPPORT CHARITABLE PURPOSE | $18,000 |