Helen & Herman Gimbel Charity Fund Inc
- Assets
- $992.1k
- Revenue
- $58.3k
- Investments
- $939.2k
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 03/1969
- Data as of
- 03/2023
- EIN
- 23-7010047
Organization Overview
Helen & Herman Gimbel Charity Fund Inc is located in Boca Raton, FL. The organization was established in 1969. 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. Helen & Herman Gimbel Charity Fund 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 03/2023, Helen & Herman Gimbel Charity Fund Inc generated $58.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $108.6k during the year ending 03/2023. While expenses have increased by 3.6% 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 2015, Helen & Herman Gimbel Charity Fund Inc has awarded 245 individual grants totaling $747,764. 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 |
|---|---|---|---|
Joseph Gimbel Director | 0 | $0 | |
Stephanie Prince Director | 0 | $0 | |
David Prince Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $180 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,481 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $630 |
| Capital Gain Net Income | $630 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,291 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,951 |
| Total operating and administrative expenses | $6,751 |
| Contributions, gifts, grants paid | $101,874 |
| Total expenses and disbursements | $108,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $49,668 |
| 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 | $3,216 |
| Total assets | $992,092 |
| 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 | $100 |
| Total liabilities | $100 |
Grants Awarded
Over the last fiscal year, Helen & Herman Gimbel Charity Fund Inc has awarded $101,874 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S ASSOCIATION FL CHAPTER PURPOSE: GENERAL | $1,500 |
COLLEGE OF LOWER EXTERMITI PURPOSE: GENERAL | $5,000 |
BETH AMI CONGREGATION PURPOSE: GENERAL | $11,041 |
BROWARED CENTER FOR PERFORMAING ART PURPOSE: NONE | $1,000 |
BOCA RATON REGIONAL HOSPITAL PURPOSE: GENERAL | $11,000 |
BRIGHAM & WOMENS HOSPITAL PURPOSE: GENERAL | $13,000 |