Harry & Jane Fischel Foundation
- Assets
- $21.0m
- Revenue
- $1.8m
- Investments
- $7.5m
- Employees
- 0
- Location
- Forest Hills, NY
- Founding
- 05/1941
- Data as of
- 12/2021
- EIN
- 13-5677832
Organization Overview
Harry & Jane Fischel Foundation is located in Forest Hills, NY. The organization was established in 1941. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Harry & Jane Fischel 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, Harry & Jane Fischel Foundation generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 7.7% per year over the past 4 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 2020, Harry & Jane Fischel Foundation has awarded 38 individual grants totaling $1,851,685. 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.
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 |
|---|---|---|---|
Rabbi Aaron Reichel Board Secretary Director A | 12 | $34,583 | |
Rabbi Hillel Reichel 1st Vice-President And Dir | 0.4 | $16,000 | |
Seth M Goldstein President / Director | 0.5 | $0 | |
Deborah Stepelman Director | 0.3 | $0 | |
Avishai Kraus Director | 0.3 | $0 | |
Chaim Stepelman 2nd Vice-President And Dir | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $307 |
| Dividends & Interest | $217,831 |
| Net Rental Income | $391,039 |
| Net Gain on Sale of Assets | $333,867 |
| Capital Gain Net Income | $333,867 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,841,587 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,583 |
| Other employee salaries and wages | $57,131 |
| Pension plans, employee benefits | $42,340 |
| Interest | $0 |
| Taxes | $10,117 |
| Depreciation | $313,719 |
| Occupancy | $17,838 |
| Travel, conferences, and meetings | $204 |
| Printing and publications | $0 |
| Other expenses | $639,665 |
| Total operating and administrative expenses | $1,149,788 |
| Contributions, gifts, grants paid | $714,065 |
| Total expenses and disbursements | $1,863,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,266 |
| Savings and temporary cash investments | $343,264 |
| 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 | $158,319 |
| Net Investments - land, buildings, equipment | $12,891,283 |
| Investments—mortgage loans | $0 |
| Investments—other | $155,398 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $27,255 |
| Total assets | $21,010,814 |
| Accounts payable and accrued expenses | $117,319 |
| 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 | $142,148 |
| Total liabilities | $259,467 |
Grants Awarded
Over the last fiscal year, Harry & Jane Fischel Foundation has awarded $714,065 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
HARRY FISCHEL INSTITUTE PURPOSE: SEE STATEMENT D | $485,000 |
NATIONAL SOCIETY FOR HEBREW DAY SCHOOLS TORAH PHILANTROPIC FUND PURPOSE: GENERAL CONTRIBUTION | $100,000 |
New York, NY PURPOSE: GENERAL CONTRIBUTION | $37,975 |
Cedarhurst, NY PURPOSE: GENERAL CONTRIBUTION | $30,000 |
JEWISH SOUL PURPOSE: GENERAL CONTRIBUTION | $30,000 |
EMET OUTREACH PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Tansy Charitable Foundation New York, NY | $325,076,608 | $77,631,295 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |