Hyman R And Ruth Shapiro Foundation Inc
- Assets
- $833.4k
- Revenue
- $8.3k
- Investments
- $809.1k
- Employees
- 0
- Location
- Hauppauge, NY
- Founding
- 07/2003
- Data as of
- 12/2023
- EIN
- 20-0103105
Organization Overview
Hyman R And Ruth Shapiro Foundation Inc is located in Hauppauge, NY. The organization was established in 2003. 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. Hyman R And Ruth Shapiro 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 12/2023, Hyman R And Ruth Shapiro Foundation Inc generated $8.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $61.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hyman R And Ruth Shapiro Foundation Inc has awarded 27 individual grants totaling $111,200. 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 |
|---|---|---|---|
Robert Connell President | 0.5 | $3,500 | |
Kevin Dougherty Treasurer | 0.5 | $3,500 | |
Steve Kess Secretary | 0.5 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,395 |
| Interest on Savings | $3 |
| Dividends & Interest | $22,945 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$24,046 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,297 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $167 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,139 |
| Total operating and administrative expenses | $21,806 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $61,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,384 |
| 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 | $18,802 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,916 |
| Total assets | $833,418 |
| 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, Hyman R And Ruth Shapiro Foundation Inc has awarded $40,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMERS FOUNDATION OF AMERICA PURPOSE: 2023 GRANT | $5,000 |
FISHER CENTER FOR ALZHEIMERS RESEARCH FOUNDATION PURPOSE: 2023 RESEARCH GRANT | $4,000 |
GUIDE DOG FOUNDATION PURPOSE: 20232023 GRANT | $2,500 |
MCW ALUMNI VENTURES PURPOSE: YOUNG LEADERS PROGRAM 2023 | $10,000 |
HOLOCAUST SURVIVORS ORAL HEALTH PROGRAM PURPOSE: 2023 GRANT | $5,000 |
MS SOCIETY PURPOSE: 2023 GRANT | $6,000 |