Iris & B Gerald Cantor Foundation
- Assets
- $24.3m
- Revenue
- $1.2m
- Investments
- $19.8m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 09/1967
- Data as of
- 12/2021
- EIN
- 13-6227347
Organization Overview
Iris & B Gerald Cantor Foundation is located in Palm Beach, FL. The organization was established in 1967. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iris & B Gerald Cantor 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, Iris & B Gerald Cantor Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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 2014, Iris & B Gerald Cantor Foundation has awarded 83 individual grants totaling $6,005,000. 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 |
|---|---|---|---|
Ryan Fisher Vice President | 40 | $153,200 | |
Judith Sobol Executive Director | 40 | $69,000 | |
Randi Ross Aitken Secretary | 5 | $0 | |
Suzanne Fisher Director | 5 | $0 | |
Monica Muhart Director | 5 | $0 | |
Michele Geller Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $382,160 |
| Interest on Savings | $0 |
| Dividends & Interest | $511,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $254,579 |
| Capital Gain Net Income | $254,579 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $15,635 |
| Total Revenue | $1,163,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $222,200 |
| Other employee salaries and wages | $102,912 |
| Pension plans, employee benefits | $32,822 |
| Interest | $0 |
| Taxes | $28,832 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $32,673 |
| Printing and publications | $0 |
| Other expenses | $115,905 |
| Total operating and administrative expenses | $578,056 |
| Contributions, gifts, grants paid | $1,125,000 |
| Total expenses and disbursements | $1,703,056 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,509 |
| Savings and temporary cash investments | $1,205,231 |
| 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 | $13,477,184 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,224,449 |
| Total assets | $24,280,811 |
| Accounts payable and accrued expenses | $86,147 |
| Grants payable | $2,046,344 |
| 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 | $2,132,491 |
Grants Awarded
Over the last fiscal year, Iris & B Gerald Cantor Foundation has awarded $1,125,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Tucson, AZ PURPOSE: GENERAL CONTRIBUTION | $1,000,000 |
New York, NY PURPOSE: GENERAL CONTRIBUTION | $50,000 |
New York, NY PURPOSE: GENERAL CONTRIBUTION | $25,000 |
IRIS CANTOR CENTER FOR BREAST IMAGING AT UCLA PURPOSE: GENERAL CONTRIBUTION | $15,000 |
NY PRESBYTERIAN HOSPITAL PURPOSE: GENERAL CONTRIBUTION | $15,000 |
HOLY CROSS PURPOSE: GENERAL CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of The Four Arts Palm Beach, FL | $121,173,909 | $24,597,391 |
Irma And Norman Braman Art Foundation Miami, FL | $27,200,000 | -$200,000 |
Korean Martial Arts Culture & Education Foundation Inc Hollywood, FL | $530,186 | $4,469,417 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |
Miami Broward One Carnival Host Committee Inc Miami, FL | $499,382 | $2,415,530 |
Artsnow Inc Atlanta, GA | $4,742,407 | $2,526,341 |
Dunedin Fine Arts Cultural Center Inc Dunedin, FL | $9,442,187 | $2,311,828 |
Ocean Reef Cultural Center Inc Key Largo, FL | $38,541,149 | $2,233,554 |
Pensacola Retirement Village Inc Orlando, FL | $4,149,191 | $1,797,373 |
Iris & B Gerald Cantor Foundation Palm Beach, FL | $24,280,811 | $1,163,888 |
Spruill Center For The Arts Inc Atlanta, GA | $6,437,897 | $2,168,968 |