Martha Kamerman Memorial Foundation is located in Delray Beach, FL. The organization was established in 1996. 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. Martha Kamerman Memorial 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, Martha Kamerman Memorial Foundation generated $22.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $26.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAKING CHARITABLE CONTRIBUTIONS 501(C)(3)ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerome Kamerman Trustee | 0 | $0 | |
Hilton Soniker Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $16,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,906 |
| Capital Gain Net Income | $5,906 |
| Net ST Capital Gain | $5,906 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,976 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $219 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $150 |
| Total operating and administrative expenses | $1,443 |
| Contributions, gifts, grants paid | $25,500 |
| Total expenses and disbursements | $26,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $34,103 |
| Total assets | $156,033 |
| 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, Martha Kamerman Memorial Foundation has awarded $25,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION ANSHEI SHALOM PURPOSE: FURTHER EXEMPT OBJECTIVES OF FOUNDATION | $5,000 |
SORALA FOUNDATION PURPOSE: TO PROVIDE ASSISTANCE TO NEEDY FAMILIES | $5,000 |
CHAIM MEDICAL RESOURCES ORGANIZATIO PURPOSE: HELP FAMILIES LOCATE MEDICAL SERVICES AND PROVIDE EMOTIONAL SUPPORT AND TRANSPORTATION TO AND FROM MEDICAL FACILITIES | $2,500 |
CHAI LIFELINE PURPOSE: PROVIDE FUNDS FOR MEDICAL SERVICES FOR CHILDREN AND SUPPORT SERVICES OF SUMMER CAMP FOR CHILDREN WITH CANCER | $5,000 |
KEREN OR PURPOSE: PROVIDES EDUCATION AND CARE FOR BLIND CHILDREN AND CHILDREN WITH MULTIPLE DISABILITIES | $2,000 |
OHEL CHILDREN'S HOME FAMILY SERVICE PURPOSE: PROVIDE SUPPORT AND SOCIAL SERVICES TO FAMILIES WITH CHILDREN WITH DISABILITES | $3,500 |