Morris & Anna Propp Sons Fund Inc
- Assets
- $12.8m
- Revenue
- $1.1m
- Investments
- $11.9m
- Employees
- 0
- Location
- Jupiter, FL
- Founding
- 04/1947
- Data as of
- 12/2022
- EIN
- 13-6099110
Organization Overview
Morris & Anna Propp Sons Fund Inc is located in Jupiter, FL. The organization was established in 1947. 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. Morris & Anna Propp Sons Fund 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 12/2022, Morris & Anna Propp Sons Fund Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 55.3% each year . All expenses for the organization totaled $987.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Morris & Anna Propp Sons Fund Inc has awarded 255 individual grants totaling $2,846,150. 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 |
|---|---|---|---|
Morris S Propp Director | 3 | $0 | |
Helen Heller Director | 1 | $0 | |
Gail Propp Director | 1 | $0 | |
Rabbi Charles Rudansky Spiritual Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $627,249 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,769 |
| Capital Gain Net Income | $13,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $462,029 |
| Total Revenue | $1,103,047 |
| 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 | $1,073 |
| Total operating and administrative expenses | $41,073 |
| Contributions, gifts, grants paid | $946,200 |
| Total expenses and disbursements | $987,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,481 |
| Savings and temporary cash investments | $812,826 |
| 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 | $9,323 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $50,000 |
| Total assets | $12,809,981 |
| 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, Morris & Anna Propp Sons Fund Inc has awarded $948,000 in support to 82 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $750 |
ALUMNI OF THE RABBINICAL COLLEGE KNESSETH ISRAEL SLABODKA PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $500 |
AMERICAN COMMITTEE FOR SHAARE ZEDEK MEDICAL HOSPITAL PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $10,000 |
AMERICAN COMMITTEE FOR THE WEIZMAN INSTITUTE OF ISRAEL PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $750 |
AMERICAN FRIENDS OF BAR-ILAN PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $2,500 |
AMERICAN FRIENDS OF NISHMAT PURPOSE: FOR GENERAL OPERATING CHARITABLE NEEDS OF RECIPIENT ORGANIZATION | $1,800 |