Selma & Raymond Kramer Foundation
- Assets
- $1.6m
- Revenue
- $87.4k
- Investments
- $1.6m
- Employees
- 0
- Location
- Montclair, NJ
- Founding
- 05/1968
- Data as of
- 12/2023
- EIN
- 13-6256916
Organization Overview
Selma & Raymond Kramer Foundation is located in Montclair, NJ. The organization was established in 1968. 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. Selma & Raymond Kramer 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 12/2023, Selma & Raymond Kramer Foundation generated $87.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $82.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Selma & Raymond Kramer Foundation has awarded 103 individual grants totaling $872,784. 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 |
|---|---|---|---|
Robert Kramer President | 0 | $0 | |
Garret Kramer Vice President | 0 | $0 | |
Karen Lefurgy Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $87,430 |
| 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 | $87,430 |
| 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 | $2,600 |
| Total operating and administrative expenses | $2,600 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $82,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,676 |
| Savings and temporary cash investments | $23,768 |
| 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 | $1,648,211 |
| 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 | $2,000 |
| Total liabilities | $2,000 |
Grants Awarded
Over the last fiscal year, Selma & Raymond Kramer Foundation has awarded $80,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
ASPCA PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $20,000 |
COVENANT HOUSE PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $1,500 |
LAMP FOR HAITI PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $6,000 |
MEALS ON WHEELS NORTH JERSEY PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $5,000 |
MONTCLAIR INN PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $1,500 |
NATURAL RESOURCE DEFENSE COUNCIL PURPOSE: TO HELP ORGANIZATION ACHIEVE ITS GOALS | $15,000 |