Tabak Family Foundation Inc is located in New York, NY. The organization was established in 1997. 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. Tabak Family 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 12/2022, Tabak Family Foundation Inc generated $97.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $123.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Tabak Family Foundation Inc has awarded 96 individual grants totaling $509,339. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Tabak Sec/treas | 0 | $0 | |
Steven Tabak Trustee | 0 | $0 | |
Bradley Tabak Trustee | 0 | $0 | |
Max Tabak Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,836 |
| Capital Gain Net Income | $80,836 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,448 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,029 |
| Total operating and administrative expenses | $17,339 |
| Contributions, gifts, grants paid | $106,386 |
| Total expenses and disbursements | $123,725 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $17,116 |
| 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 | $876,845 |
| 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 |
Over the last fiscal year, Tabak Family Foundation Inc has awarded $106,386 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
THE MUSEUM OF JEWISH HERITAGE PURPOSE: GENERAL SUPPORT | $12,626 |
UJA - FEDERATION OF NEW YORK PURPOSE: GENERAL SUPPORT | $2,000 |
NEW YORK PRESBYTERIAN FUND PURPOSE: GENERAL SUPPORT | $20,000 |
DUKE UNIVERSITY PURPOSE: GENERAL SUPPORT | $3,000 |
HIGHLAND PARK CONSERVATIVE TEMPLE CONGR ANSHE ERN PURPOSE: GENERAL SUPPORT | $180 |
CONGREGATION RODEPH SHOLOM PURPOSE: M&J TABAK ENDOWMENT | $10,000 |