Maurice A Recanati Foundation Inc
- Assets
- $60.4k
- Revenue
- $3.1k
- Investments
- $10.8k
- Employees
- 0
- Location
- Bearsville, NY
- Founding
- 12/1996
- Data as of
- 06/2024
- EIN
- 14-1786386
Organization Overview
Maurice A Recanati Foundation Inc is located in Bearsville, NY. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maurice A Recanati Foundation Inc 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 06/2024, Maurice A Recanati Foundation Inc generated $3.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $4.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 4 years. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Maurice Andre Recanati President | 2 | $0 | |
Joyce J Recanati ESQ VP & Treasurer | 2 | $0 | |
Mr Elias Recanati VP And Secretary | 1 | $0 | |
Dr Demetrios Argyriades VP | 1 | $0 | |
Mr Solomon Asser VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,220 |
| Interest on Savings | $8 |
| Dividends & Interest | $1,894 |
| 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 | $3,122 |
| 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 | $276 |
| Total operating and administrative expenses | $1,776 |
| Contributions, gifts, grants paid | $2,600 |
| Total expenses and disbursements | $4,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,882 |
| Savings and temporary cash investments | $9,707 |
| 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 | $60,420 |
| 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, Maurice A Recanati Foundation Inc has awarded $2,600 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
FARBER HEBREW DAY SCHOOL PURPOSE: EDUCATIONAL | $500 |
UNITED STATES HOLOCAUST MEMORIAL M PURPOSE: EDUCATIONAL | $100 |
AOPA PURPOSE: EDUCATIONAL | $100 |
REPERTORIO ESPANOL PURPOSE: EDUCATIONAL | $400 |
HILLEL INTERNATIONAL PURPOSE: EDUCATIONAL | $250 |
SASGOG PURPOSE: EDUCATIONAL | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Bar Institute Boston, MA | $1,576,066 | $808,241 |
Lucis Trust And Arcane School New York, NY | $4,139,236 | $731,110 |
Food Marketing Educational Foundation Philadelphia, PA | $4,269,733 | $1,472,044 |
Vermont Ethics Network Inc Montpelier, VT | $125,776 | $465,710 |
Center For Continuing Education Inc Mamaroneck, NY | $419,601 | $408,311 |
Afikim Inc Brooklyn, NY | $1,010,352 | $27,928 |
Lifetime Learners Institute Inc Norwalk, CT | $61,587 | $0 |
Northeast Storytelling Inc Easthampton, MA | $79,872 | $0 |
Pennsylvania School Age Child Care Alliance North Versailles, PA | $33,328 | $0 |
Foundation Of Arts Music And Education Bedford Hills, NY | $16,798 | $22,991 |
Maurice A Recanati Foundation Inc Bearsville, NY | $60,420 | $3,122 |