Appleman Foundation Inc is located in New York, NY. The organization was established in 1953. 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. Appleman Foundation 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, Appleman Foundation Inc generated $703.7k 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 (11.9%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Appleman Foundation Inc has awarded 215 individual grants totaling $5,225,169. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Unterberg President | 0 | $0 | |
Ellen Unterberg Celli Vice President | 0 | $0 | |
James Satloff Secretary & Treasuer | 0 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
First Manhattan Co | 12/30/22 | $141,730 |
Charles Schwab | 12/30/22 | $51,262 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,654 |
| Dividends & Interest | $415,714 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $254,089 |
| Capital Gain Net Income | $254,089 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $18,253 |
| Total Revenue | $703,710 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $37,182 |
| Taxes | $111,630 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $185,083 |
| Total operating and administrative expenses | $582,964 |
| Contributions, gifts, grants paid | $2,093,533 |
| Total expenses and disbursements | $2,676,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,121 |
| Savings and temporary cash investments | $1,321,433 |
| 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 | $13,527,454 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,051,168 |
| Total assets | $30,888,119 |
| 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 |
Over the last fiscal year, Appleman Foundation Inc has awarded $2,093,533 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $10,000 |
10 X 10 PHOTOBOOKS INC PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $6,000 |
ACCESS REPRODUCTIVE CARE-SOUTHEAST INC PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $10,000 |
AIR GALLERY PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $5,000 |
AMERICAN ACADEMY IN ROME PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $5,000 |
AMERICAN FOLK ART MUSEUM PURPOSE: GENERAL CHARITABLE & EDUCATIONAL PURPOSES | $2,000 |