Ims Foundation
- Assets
- $12.3k
- Revenue
- $250.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/1999
- Data as of
- 12/2021
- EIN
- 13-4026345
Organization Overview
Ims Foundation is located in Brooklyn, NY. The organization was established in 1999. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ims 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 12/2021, Ims Foundation generated $250.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $246.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ims Foundation has awarded 116 individual grants totaling $366,139. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $250,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $433 |
| Total operating and administrative expenses | $1,558 |
| Contributions, gifts, grants paid | $244,397 |
| Total expenses and disbursements | $245,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,259 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $76 |
| 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 | $12,335 |
| 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, Ims Foundation has awarded $244,397 in support to 73 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION OHEL YISHAK OF ALLENHURST PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $46,859 |
Brooklyn, NY PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $35,321 |
SEPHARDIC BIKUR HOLIM PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $20,802 |
KETER SLOAN TORAH CENTER PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $12,000 |
BEIT RAMBAM PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $10,850 |
COMMUNITY ASSITANCE FUND PURPOSE: TO PROMOTE, ASSIST AND PROVIDE FUNDS AND SUPPORT IN CONNECTION WITH THE ADVANCEMENT OF RELIGION TO OTHER 501(C)(3) TAX EXEMPT ORGANIZATIONS. | $10,750 |
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|---|---|---|
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Harpswell Foundation Concord, MA | $9,704,680 | $1,497,581 |
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Milford Community Media Center Inc Milford, MA | $557,673 | $474,965 |
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