Sol & Hilda Furst Foundation
- Assets
- $292.5k
- Revenue
- $39.2k
- Investments
- $155.8k
- Employees
- 0
- Location
- Huntington, NY
- Founding
- 12/1952
- Data as of
- 04/2024
- EIN
- 13-6107416
Organization Overview
Sol & Hilda Furst Foundation is located in Huntington, NY. The organization was established in 1952. 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. Sol & Hilda Furst 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 04/2024, Sol & Hilda Furst Foundation generated $39.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $38.0k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (13.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Sol & Hilda Furst Foundation has awarded 486 individual grants totaling $349,387. 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 |
|---|---|---|---|
Pamela Furst President | 0 | $0 | |
Violet Furst Vice President | 0 | $0 | |
Ronald Furst Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $421 |
| Dividends & Interest | $37,358 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,466 |
| Capital Gain Net Income | $1,466 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,248 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,486 |
| Total operating and administrative expenses | $19,384 |
| Contributions, gifts, grants paid | $18,638 |
| Total expenses and disbursements | $38,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,934 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $12,305 |
| 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 | $81,408 |
| Total assets | $292,474 |
| 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, Sol & Hilda Furst Foundation has awarded $18,638 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
GURWIN JEWISH GERIATRIC FOUNDATION PURPOSE: REHABILITATION OF PATIENTS, FACILITY AND GENERAL SERVICES FOR ELDERLY AND PATIENTS WHO ARE INDIGENT. | $1,841 |
TEMPLE BETH EL PURPOSE: EDUCATION OF CHILDREN AND ADULTS ON JUDAISM, GENERAL GOOD DOINGS OF CHARITY FOR THOSE IN NEED. | $3,560 |
HABITAT FOR HUMANITY PURPOSE: CONTRIBUTION USED TO PURCHASE CONSTRUCTION MATERIALS AND SUPPLIES. | $1,000 |
MARCH OF DIMES PURPOSE: CONTRIBUTION USED TO IMPROVE THE HEALTH OF BABIES BY PREVENTING BIRTH DEFECTS AND INFANT MORTALITY. | $1,000 |
HUMANE SOCIETY OF THE UNITED STATES PURPOSE: CONTRIBUTION HELPS PROVIDE DIRECT CARE FOR THOUSANDS OF ANIMALS AT OUR SANCTUARIES AND RESCUE FACILITIES, WILDLIFE REHABILITATION CENTERS, AND MOBILE VETERINARY CLINICS. | $1,000 |
DOCTORS WITHOUT BORDERS PURPOSE: TO PROVIDE EMERGENCY MEDICAL CARE TO VICTIMS OF ARMED CONFLICT WORLD WIDE. | $1,000 |