Max J & Winnie S Rosenshein Foundation
- Assets
- $7.8m
- Revenue
- $594.8k
- Investments
- $7.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1968
- Data as of
- 12/2022
- EIN
- 13-6260339
Organization Overview
Max J & Winnie S Rosenshein Foundation is located in New York, NY. 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. Max J & Winnie S Rosenshein 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 12/2022, Max J & Winnie S Rosenshein Foundation generated $594.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $547.7k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 8 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 2015, Max J & Winnie S Rosenshein Foundation has awarded 152 individual grants totaling $3,719,890. 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 |
|---|---|---|---|
William H Gould Treasurer/secretary | 5 | $26,875 | |
Timothy M Costello President | 5 | $26,875 | |
Arda Arslanian Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $300,339 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $294,487 |
| Capital Gain Net Income | $294,487 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $594,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $53,750 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,885 |
| Total operating and administrative expenses | $72,704 |
| Contributions, gifts, grants paid | $475,000 |
| Total expenses and disbursements | $547,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,172 |
| 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 | $7,837,068 |
| 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, Max J & Winnie S Rosenshein Foundation has awarded $475,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ABILIS INC PURPOSE: GENERAL CHARITABLE PURPOSE | $20,000 |
ART START INC PURPOSE: GENERAL CHARITABLE PURPOSE | $30,000 |
BOYS AND GIRLS CLUB OF STAMFORD PURPOSE: GENERAL CHARITABLE PURPOSE | $55,000 |
CHILDREN'S FUTURE INTERNATIONAL INC PURPOSE: GENERAL CHARITABLE PURPOSE | $75,000 |
DRAMA CLUB PURPOSE: GENERAL CHARITABLE PURPOSE | $15,000 |
CARING AT COLUMBIA PURPOSE: GENERAL CHARITABLE PURPOSE | $40,000 |