Marvel S Platoff Foundation
- Assets
- $0.0
- Revenue
- $97.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Princeton Jct, NJ
- Founding
- 12/1957
- Data as of
- 12/2020
- EIN
- 22-6042825
Organization Overview
Marvel S Platoff Foundation is located in Princeton Jct, NJ. The organization was established in 1957. 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. Marvel S Platoff 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 12/2020, Marvel S Platoff Foundation generated $97.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.9% each year . All expenses for the organization totaled $106.8k during the year ending 12/2020. While expenses have increased by 8.8% 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, Marvel S Platoff Foundation has awarded 77 individual grants totaling $161,450. 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 |
|---|---|---|---|
Michael Platoff Trustee | 6 | $7,200 | |
Sharon Titchell Trustee | 6 | $7,200 | |
Alan Platoff Trustee | 6 | $7,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,828 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $97,510 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $20,400 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $23,404 |
| Contributions, gifts, grants paid | $83,350 |
| Total expenses and disbursements | $106,754 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Marvel S Platoff Foundation has awarded $78,100 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
NET RESEARCH FDN - NEUROENDOCRINE TUMOR RESEARCH FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
DOCTORS WITHOUT BORDERS PURPOSE: GENERAL SUPPORT | $7,500 |
Los Angeles, CA PURPOSE: GENERAL SUPPORT | $4,000 |
PLANNED PARENTHOOD OF CENTRAL AND GREATER NOTHERN NJ INC PURPOSE: GENERAL SUPPORT | $4,000 |
WORLD CENTRAL KITCHEN PURPOSE: GENERAL SUPPORT | $3,000 |
Santa Barbara, CA PURPOSE: GENERAL SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |