1185 Park Foundation Inc
- Assets
- $338.4k
- Revenue
- $12.7k
- Investments
- $307.7k
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1998
- Data as of
- 02/2023
- EIN
- 13-3997444
Organization Overview
1185 Park Foundation Inc is located in New York, NY. 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. 1185 Park 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 02/2023, 1185 Park Foundation Inc generated $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (25.8%) each year. All expenses for the organization totaled $156.1k during the year ending 02/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, 1185 Park Foundation Inc has awarded 22 individual grants totaling $378,900. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Steinmann Pres/treas | 0.5 | $0 | |
Catherine Steinmann Vp/secy | 0.25 | $0 | |
Joel Hirschtritt Director | 0.25 | $0 | |
Jennifer Steinmann Asst. VP | 0.25 | $0 | |
Joshua Steinmann Asst. VP | 0.25 | $0 | |
Gabriel Steinmann Asst. VP | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $14 |
| Dividends & Interest | $8,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,939 |
| Capital Gain Net Income | $4,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $12,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $159 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,903 |
| Total operating and administrative expenses | $10,062 |
| Contributions, gifts, grants paid | $146,000 |
| Total expenses and disbursements | $156,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $30,699 |
| 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 | $307,651 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $338,350 |
| 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, 1185 Park Foundation Inc has awarded $146,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CONTRIBUTIONS PAID LESS THAN 5000 PURPOSE: GENERAL FUND | $7,500 |
AINA HOLOKUPA OKILANEA PURPOSE: GENERAL FUND | $47,500 |
GANI-CHABAD KAUAI PURPOSE: GENERAL FUND | $38,000 |
BUILDING ISRAEL PURPOSE: GENERAL FUND | $10,000 |
ALZHEIMERS FOUNDATION OF AMERICA PURPOSE: GENERAL FUND | $10,000 |
MERCY MEDICAL ANGELS PURPOSE: GENERAL FUND | $5,000 |