Edward And Beth Honig Family Foundation is located in Lawrence, NY. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Edward And Beth Honig Family 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, Edward And Beth Honig Family Foundation generated $93.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $88.2k during the year ending 12/2022. While expenses have increased by 12.3% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS EDUCATION & TEMPLE SUPPORT
SUPPORT FOR THE NEEDY AND INFIRMED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Honig Executive Direc | 0 | $0 | |
Beth Honig Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $93,830 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $93,830 |
| 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 | $26,056 |
| Total operating and administrative expenses | $27,156 |
| Contributions, gifts, grants paid | $61,042 |
| Total expenses and disbursements | $88,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,674 |
| 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 | $0 |
| Total assets | $5,674 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $750 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $2 |
| Total liabilities | $752 |
Over the last fiscal year, Edward And Beth Honig Family Foundation has awarded $61,042 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SHALOM TORAH CENTER PURPOSE: RELIGIOUS & CHARITABLE | $1,800 |
YAD ELIEZER PURPOSE: RELIGIOUS & CHARITABLE | $2,600 |
MISCORGANIZED CHARITIES PURPOSE: RELIGIOUS EDUCATION & SUPPORT FOR THE NEEDY | $12,066 |
TOMCHEI SHABBOS PURPOSE: RELIGIOUS CHARITABLE | $3,100 |
OHR REUVEN PURPOSE: RELIGIOUS CHARITABLE | $360 |
CONG AVODA BRURA PURPOSE: RELIGIOUS CHARITABLE | $2,340 |