The Jaffe Family Foundation
- Assets
- $0.0
- Revenue
- $6.1m
- Investments
- $59.3m
- Employees
- 0
- Location
- Valley Cottage, NY
- Founding
- 12/1987
- Data as of
- 12/2021
- EIN
- 22-2827692
Organization Overview
The Jaffe Family Foundation is located in Valley Cottage, 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. Jaffe 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 12/2021, Jaffe Family Foundation generated $6.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 47.0% each year . All expenses for the organization totaled $4.1m during the year ending 12/2021. While expenses have increased by 9.2% per year over the past 3 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.
Since 2020, Jaffe Family Foundation has awarded 350 individual grants totaling $9,906,277. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Jaffe Vice-President | 1 | $0 | |
Elliot Jaffe President | 1 | $0 | |
Elise Jaffe Vice-President | 1 | $0 | |
David Jaffe Vice-President | 1 | $0 | |
Roslyn Jaffe Vp, Secretary, Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $90,056 |
| Dividends & Interest | $1,020,249 |
| Profit on Inventory Sales | $0 |
| Other Income | $996,076 |
| Total Revenue | $6,121,341 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $40,754 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,152,226 |
| Contributions, gifts, grants paid | $2,940,343 |
| Total expenses and disbursements | $4,092,569 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,600,372 |
| Investments—mortgage loans | $0 |
| Investments—other | $10,182,967 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Jaffe Family Foundation has awarded $4,488,494 in support to 117 organizations.
| Grant Recipient | Amount |
|---|---|
AAAAI FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $65,000 |
ALEX'S LEMONADE STAND FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $2,000 |
ALL OUR KIN PURPOSE: SUPPORT CHARITABLE PURPOSE | $90,000 |
ALZHEIMERS DRUG DISCVERY FOUNDATION PURPOSE: SUPPORT CHARITABLE PURPOSE | $1,000 |
AMERICAN ACADEMY IN ROME PURPOSE: SUPPORT CHARITABLE PURPOSE | $1,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: SUPPORT CHARITABLE PURPOSE | $240,000 |