Kermit Gitenstein Foundation Inc
- Assets
- $2.4m
- Revenue
- $681.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Walden, NY
- Founding
- Data as of
- 12/2016
- EIN
- 23-7032219
Organization Overview
Kermit Gitenstein Foundation Inc is located in Walden, NY.
For the year ending 12/2016, Kermit Gitenstein Foundation Inc generated $681.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (17.5%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2016. As we would expect to see with falling revenues, expenses have declined by (61.9%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard Protter ESQ Sucessor Perm. Receiver Of The Asset | 0 | $0 | |
Steven R Schlesinger Perm Receiver Of The Asset | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $681,050 |
| Interest on Savings | $75 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $681,125 |
| 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 | $0 |
| Total operating and administrative expenses | $46,500 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $46,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,377,783 |
| 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 | $2,377,783 |
| 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 |
Grants Awarded
Over the last fiscal year, Kermit Gitenstein Foundation Inc has awarded $321,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE MAURICE A DEANE SCHOOL OF LAW HOFSTRA UNIVERSITY PURPOSE: GENERAL PURPOSE | $250,000 |
Rochester, MN PURPOSE: GENERAL PURPOSE | $25,000 |
YAD MARCEL PURPOSE: GENERAL PURPOSE | $20,000 |
Port Washington, NY PURPOSE: GENERAL PURPOSE | $10,000 |
West Hartford, CT PURPOSE: GENERAL PURPOSE | $10,000 |
DON MONTI MEMORIAL RESEARCH FOUNDATION PURPOSE: GENERAL PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
156 West 106th Street Holding Corp New York, NY | $627,698 | $10,000,000 |
International Association Of Sheet Metal Air Rail & Transportation Parma, OH | $15,017,637 | $10,750,864 |
The Childrens Community Programs Of Connecticut Inc New Haven, CT | $7,550,094 | $11,086,259 |
Hospice Care In The Berkshires Inc Pittsfield, MA | $16,662,591 | $10,823,109 |
Manhattan Country School Inc New York, NY | $44,093,729 | $11,269,443 |
Catholic Charities Of Fairfield Bridgeport, CT | $9,651,392 | $11,217,776 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
North Hills Country Club Inc Manhasset, NY | $8,665,701 | $10,144,490 |
Feinstein Health Fund Inc Hauppauge, NY | $26,525,981 | $4,778,709 |
Jewish Family & Childrens Service Pittsburgh, PA | $22,894,637 | $12,787,096 |
International Brotherhood Of Elect Rical Workers Afl Cio Local Union Reading, PA | $13,723,869 | $11,802,055 |
Waterkeeper Alliance Inc New York, NY | $5,512,348 | $11,721,218 |