Milton Weinstock Charitable Foundation
- Assets
- $134.1k
- Revenue
- $6.8k
- Investments
- $127.6k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 13-4011013
Organization Overview
Milton Weinstock Charitable Foundation is located in Brooklyn, NY. The organization was established in 1998. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Milton Weinstock Charitable 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 12/2023, Milton Weinstock Charitable Foundation generated $6.8k 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 (27.8%) each year. All expenses for the organization totaled $34.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Milton Weinstock Charitable Foundation has awarded 74 individual grants totaling $281,131. 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
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milton Weinstock 0 | 0 | $0 | |
Esther Weinstock 0 | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $5,623 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,828 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $64 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $3,415 |
| Contributions, gifts, grants paid | $30,963 |
| Total expenses and disbursements | $34,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,526 |
| 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 | $134,139 |
| 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 | $1,319 |
| Total liabilities | $1,319 |
Grants Awarded
Over the last fiscal year, Milton Weinstock Charitable Foundation has awarded $30,963 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CONG ZICHRON YOSEF PURPOSE: CHARITABLE | $2,140 |
CONG BNEI YESOSCHOR PURPOSE: CHARITABLE | $180 |
YESHIVA OF SPRING VALLEY PURPOSE: CHARITABLE | $6,000 |
THE SHUL JEWISH COMMUNITY CENTER PURPOSE: CHARITABLE | $625 |
YESHIVA ORCHOS CHAIM PURPOSE: CHARITABLE | $100 |
ANSHEI EAGLE RIDGE PURPOSE: CHARITABLE | $9,528 |