Redlich Horwitz Foundation
- Assets
- $39.3m
- Revenue
- $705.6k
- Investments
- $26.4m
- Employees
- 0
- Location
- Millerton, NY
- Founding
- 05/1987
- Data as of
- 12/2022
- EIN
- 22-2798198
Organization Overview
Redlich Horwitz Foundation is located in Millerton, NY. The organization was established in 1987. 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. Redlich Horwitz 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, Redlich Horwitz Foundation generated $705.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $5.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Redlich Horwitz Foundation has awarded 375 individual grants totaling $21,656,452. 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 Horwitz Trustee | 1 | $0 | |
Catherine Redlich Trustee | 1 | $0 | |
Sarah Chiles Executive Director | 40 | $192,750 | |
Jessica Maxwell - Co Rhf Program Director | 40 | $145,000 | |
Anthony Fermin - Co Rhf Program Manager | 40 | $81,000 | |
Hope Newton - Co Rhf Program Officer | 40 | $57,307 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,025,455 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$908,017 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $588,118 |
| Total Revenue | $705,556 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $303,142 |
| Other employee salaries and wages | $24,604 |
| Pension plans, employee benefits | $95,918 |
| Interest | $0 |
| Taxes | $277,489 |
| Depreciation | $0 |
| Occupancy | $54,757 |
| Travel, conferences, and meetings | $20,230 |
| Printing and publications | $0 |
| Other expenses | $844,656 |
| Total operating and administrative expenses | $2,181,949 |
| Contributions, gifts, grants paid | $3,439,437 |
| Total expenses and disbursements | $5,621,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,659,040 |
| Savings and temporary cash investments | $6,257,146 |
| 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 | $12,719,158 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $39,328,802 |
| 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, Redlich Horwitz Foundation has awarded $3,439,437 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
ACHILLEA PEER TUTORING INC PURPOSE: GENERAL UNRESTRICTED | $5,000 |
ADOPTIVE FOSTER FAMILY COALITION OF NY PURPOSE: GENERAL UNRESTRICTED | $50,000 |
ADVOCATES FOR CHILDREN OF NEW JERSEY PURPOSE: GENERAL UNRESTRICTED | $5,000 |
ALIA PURPOSE: GENERAL UNRESTRICTED | $70,000 |
AMERICAN BAR ASSOCIATION PURPOSE: GENERAL UNRESTRICTED | $15,000 |
BINTI PURPOSE: GENERAL UNRESTRICTED | $3,572 |