Toufic Srour Foundation
- Assets
- $0.0
- Revenue
- $26.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 11/2000
- Data as of
- 12/2021
- EIN
- 13-4088570
Organization Overview
Toufic Srour Foundation is located in Brooklyn, NY. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Toufic Srour 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, Toufic Srour Foundation generated $26.0k 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 (3.3%) each year. All expenses for the organization totaled $44.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.0%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Toufic Srour Foundation has awarded 107 individual grants totaling $305,638. 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 |
|---|---|---|---|
Marco Srour President | 5 | $0 | |
Morris Srour Secretary | 5 | $0 | |
Joyce Srour Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,000 |
| Interest on Savings | $25 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,025 |
| 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 | $6,562 |
| Contributions, gifts, grants paid | $38,084 |
| Total expenses and disbursements | $44,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,447 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $329,625 |
Grants Awarded
Over the last fiscal year, Toufic Srour Foundation has awarded $68,405 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
A GIVING HAND PURPOSE: GENERAL FUND | $360 |
AHI EZER YESHIVAH PURPOSE: GENERAL FUND | $360 |
AVENUE O SYNAGOGUE PURPOSE: GENERAL FUND | $301 |
CHABAD JEWISH CENTER OF ARUBA PURPOSE: GENERAL FUND | $700 |
BNEI ARAM SOBA PURPOSE: GENERAL FUND | $150 |
CONGREGATION BET SHMUEL PURPOSE: GENERAL FUND | $501 |