Donald A Pels Charitable Tr 081892
- Assets
- $318.4m
- Revenue
- $19.1m
- Investments
- $302.2m
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 12/1993
- Data as of
- 12/2021
- EIN
- 13-6998091
Organization Overview
Donald A Pels Charitable Tr 081892 is located in Harrison, NY. The organization was established in 1993. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Donald A Pels Charitable Tr 081892 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, Donald A Pels Charitable Tr 081892 generated $19.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (28.4%) each year. All expenses for the organization totaled $30.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Donald A Pels Charitable Tr 081892 has awarded 808 individual grants totaling $200,807,810. 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 |
|---|---|---|---|
Wendy Keys Co Pkf O'connor Davies Trustee | 3 | $0 | |
Valerie Pels Co Pkf O'connor Davies Trustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fiduciary Trust Company | 12/30/22 | $531,708 |
Goldman Sachs | 12/30/22 | $468,536 |
Brown Brothers Harriman & Co | 12/30/22 | $457,442 |
Capital Counsel Llc | 12/30/22 | $449,136 |
Hildy Simmons | 12/30/22 | $231,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,907 |
| Dividends & Interest | $5,581,732 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,605,103 |
| Capital Gain Net Income | $15,530,118 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$107,869 |
| Total Revenue | $19,080,873 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100,560 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,360 |
| Total operating and administrative expenses | $2,422,381 |
| Contributions, gifts, grants paid | $27,588,210 |
| Total expenses and disbursements | $30,010,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,212,681 |
| 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 | $144,074,142 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $318,380,585 |
| 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, Donald A Pels Charitable Tr 081892 has awarded $82,756,700 in support to 305 organizations.
| Grant Recipient | Amount |
|---|---|
ABBEY OF REGINA LAUDIS PURPOSE: GENERAL OPERATING SUPPORT | $2,000 |
AMERICAN CIVIL LIBERTIES PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
AFRO LATIN JAZZ ALLIANCE PURPOSE: GENERAL OPERATING SUPPORT | $75,000 |
ASPHALT GREEN PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
AMERICAN FRIENDS OF NATAL PURPOSE: GENERAL OPERATING SUPPORT | $1,500 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |