Marion & Norman Tanzman Charitable Foundation
- Assets
- $13.9m
- Revenue
- $5.1m
- Investments
- $13.3m
- Employees
- 0
- Location
- Woodbridge, NJ
- Founding
- 03/1998
- Data as of
- 12/2023
- EIN
- 22-3506061
Organization Overview
Marion & Norman Tanzman Charitable Foundation is located in Woodbridge, NJ. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marion & Norman Tanzman Charitable 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 12/2023, Marion & Norman Tanzman Charitable Foundation generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 39.3% each year . All expenses for the organization totaled $2.1m during the year ending 12/2023. While expenses have increased by 0.8% per year over the past 8 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 2016, Marion & Norman Tanzman Charitable Foundation has awarded 488 individual grants totaling $37,022,682. 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 |
|---|---|---|---|
Jeffries Shein Trustee | 0 | $0 | |
Barbara Sousa Trustee | 0 | $0 | |
Jennifer Turner Trustee | 0 | $0 | |
Janice Barshad Trustee | 0 | $0 | |
Sanders Kleinfeld Trustee | 0 | $0 | |
Roy H Tanzman Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,740,572 |
| Interest on Savings | $0 |
| Dividends & Interest | $547,019 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,740,191 |
| Capital Gain Net Income | $1,740,191 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,864 |
| Total Revenue | $5,066,646 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $197 |
| Total operating and administrative expenses | $320,734 |
| Contributions, gifts, grants paid | $1,791,550 |
| Total expenses and disbursements | $2,112,284 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $33,859 |
| Savings and temporary cash investments | $629,008 |
| 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 | $8,290,863 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $13,927,200 |
| 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 | $9,272 |
| Total liabilities | $9,272 |
Grants Awarded
Over the last fiscal year, Marion & Norman Tanzman Charitable Foundation has awarded $2,316,550 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
RWJ VISITING NURSES PURPOSE: CHARITABLE | $1,000 |
EMBRACE KIDS FOUNDATION PURPOSE: CHARITABLE | $2,000 |
RUTGERS - NEW BRUNSWICK COMMUNITY INTERPRETER PURPOSE: CHARITABLE | $2,000 |
200 CLUB OF MIDDLESEX COUNTY PURPOSE: CHARITABLE | $2,000 |
ASAP - ADULT SUBSTANCE ABUSE PROGRAM PURPOSE: CHARITABLE | $2,500 |
JCC ASSOCIATION OF NORTH AMERICA PURPOSE: CHARITABLE | $2,500 |