Turkanis Family Foundation
- Assets
- $691.2k
- Revenue
- $57.5k
- Investments
- $526.0k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 11/2007
- Data as of
- 12/2022
- EIN
- 20-8678978
Organization Overview
Turkanis Family Foundation is located in Wilmington, DE. The organization was established in 2007. 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. Turkanis 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, Turkanis Family Foundation generated $57.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $53.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Turkanis Family Foundation has awarded 165 individual grants totaling $195,254. 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 |
|---|---|---|---|
Amanda Jaffe VP | 1 | $0 | |
Barry S Turkanis Pres, Dir, Sec | 1 | $0 | |
David Turkanis VP | 1 | $0 | |
Ellen Turkanis Vp, Dir | 1 | $0 | |
Jeffrey Turkanis VP | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $959 |
| Dividends & Interest | $12,775 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,810 |
| Capital Gain Net Income | $175,876 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,544 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,070 |
| Total operating and administrative expenses | $6,870 |
| Contributions, gifts, grants paid | $46,850 |
| Total expenses and disbursements | $53,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $165,184 |
| 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 | $691,214 |
| 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, Turkanis Family Foundation has awarded $46,850 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON REGIONAL HOSPITAL INC PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
BOSTON COLLEGE TRUSTEES PURPOSE: GENERAL & UNRESTRICTED | $250 |
COMBINED JEWISH PHILANTHROPIES OF GREATER BOSTON I PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
CONGREGATION SHIRAT HAYAM OF THE NORTH SHORE PURPOSE: GENERAL & UNRESTRICTED | $11,000 |
HUNDRED CLUB OF MASSACHUSETTS INC PURPOSE: GENERAL & UNRESTRICTED | $250 |
DANA FARBER CANCER INSTITUTE INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |