Kolatch Family Foundation
- Assets
- $86.8m
- Revenue
- $7.1m
- Investments
- $86.1m
- Employees
- 0
- Location
- Englewood, NJ
- Founding
- 04/1998
- Data as of
- 10/2021
- EIN
- 13-3918276
Organization Overview
Kolatch Family Foundation is located in Englewood, NJ. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kolatch 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 10/2021, Kolatch Family Foundation generated $7.1m in total revenue. All expenses for the organization totaled $6.1m during the year ending 10/2021. While expenses have increased by 44.4% per year over the past 3 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 2015, Kolatch Family Foundation has awarded 121 individual grants totaling $12,836,356. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE FOOTNOTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan L Kolacth Trustee | 5 | $0 | |
Mindy S Kolatch Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,705,499 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,659,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $723,095 |
| Capital Gain Net Income | $723,095 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,250 |
| Total Revenue | $7,089,326 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $6 |
| Taxes | $55,830 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $56,288 |
| Total operating and administrative expenses | $112,124 |
| Contributions, gifts, grants paid | $6,031,237 |
| Total expenses and disbursements | $6,143,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,144,079 |
| Savings and temporary cash investments | -$461,260 |
| 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 | $74,274,759 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $86,806,420 |
| 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 | $1,313,052 |
| Total liabilities | $1,313,052 |
Grants Awarded
Over the last fiscal year, Kolatch Family Foundation has awarded $6,031,237 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
Jenkintown, PA PURPOSE: GENERAL SUPPORT | $5,000,000 |
ETZION FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
ETZION FOUNDATION PURPOSE: GENERAL SUPPORT | $250,000 |
Englewood, NJ PURPOSE: GENERAL SUPPORT | $62,901 |
Englewood, NJ PURPOSE: GENERAL SUPPORT | $36,018 |
Englewood, NJ PURPOSE: GENERAL SUPPORT | $33,333 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catalyst Inc New York, NY | $56,172,197 | $22,153,415 |
Horizon Village Inc Sanborn, NY | $19,517,446 | $18,747,224 |
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Life At Lourdes Inc Pennsauken, NJ | $24,117,814 | $24,014,115 |
Avi Chai Foundation New York, NY | $417,433,923 | $38,425,354 |
50 Broadway Realty Corp New York, NY | $106,628,317 | $16,489,338 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Robert Treat Academy Charter School Inc Newark, NJ | $3,987,701 | $14,176,967 |
Center For Community Alternatives Syracuse, NY | $5,921,893 | $12,987,614 |
Starbridge Services Inc Rochester, NY | $4,814,747 | $13,376,433 |
Community Health Action Of Staten Island Inc Staten Island, NY | $10,310,732 | $11,148,216 |
Carl Fenichel Community Services Inc Brooklyn, NY | $12,251,363 | $5,691,898 |