Meyer Handelman Fund
- Assets
- $636.9k
- Revenue
- $66.2k
- Investments
- $599.5k
- Employees
- 0
- Location
- Purchase, NY
- Founding
- 03/1962
- Data as of
- 12/2017
- EIN
- 13-6110502
Organization Overview
Meyer Handelman Fund is located in Purchase, NY. The organization was established in 1962. 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.
For the year ending 12/2017, Meyer Handelman Fund generated $66.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (16.4%) each year. All expenses for the organization totaled $95.6k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald E Handelman President | 0.5 | $0 | |
Joseph W Handelman V.p.-Treasurer | 0.5 | $0 | |
William R Handelman V.p.-Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $66,211 |
| 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 | $66,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,219 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $359 |
| Total operating and administrative expenses | $2,578 |
| Contributions, gifts, grants paid | $93,000 |
| Total expenses and disbursements | $95,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,545 |
| Savings and temporary cash investments | $28,807 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $636,873 |
| 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, Meyer Handelman Fund has awarded $93,000 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE OF SCIENCE PURPOSE: HEALTH - GENERAL SUPPORT | $3,000 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: EDUCATIONAL - GENERAL SUPPORT | $1,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL SUPPORT | $2,000 |
AMERICAN TECHNION SOCIETY PURPOSE: EDUCATIONAL - GENERAL SUPPORT | $3,000 |
AMERICAN-ISRAEL CULTURAL FOUNDATION INC PURPOSE: CULTURAL - GENERAL SUPPORT | $2,500 |
ANTI-DEFAMATION LEAGUE APPEAL PURPOSE: GENERAL SUPPORT | $5,000 |