Yetta And Abraham Lester Family Foundation Inc
- Assets
- $0.0
- Revenue
- $1.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Bradley Beach, NJ
- Founding
- 01/1992
- Data as of
- 02/2022
- EIN
- 13-3632497
Organization Overview
Yetta And Abraham Lester Family Foundation Inc is located in Bradley Beach, NJ. The organization was established in 1992. 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. Yetta And Abraham Lester Family Foundation Inc 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 02/2022, Yetta And Abraham Lester Family Foundation Inc generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $207.5k during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yetta And Abraham Lester Family Foundation Inc has awarded 93 individual grants totaling $268,379. 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 |
|---|---|---|---|
Leon Stone Secretary/treasurer | 1.5 | $0 | |
Susan Stone President | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $348 |
| Dividends & Interest | $634 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,727 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $5,651 |
| Contributions, gifts, grants paid | $201,859 |
| Total expenses and disbursements | $207,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Yetta And Abraham Lester Family Foundation Inc has awarded $201,859 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MOUNT HOLYOKE COLLEGE PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $200,787 |
RIVERDALE TEMPLE PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $1,072 |