Paul M Weissman Family Foundation Inc
- Assets
- $7.8m
- Revenue
- $209.5k
- Investments
- $5.2m
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 12/1969
- Data as of
- 02/2024
- EIN
- 23-7049744
Organization Overview
Paul M Weissman Family Foundation Inc is located in White Plains, NY. 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. Paul M Weissman 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 02/2024, Paul M Weissman Family Foundation Inc generated $209.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $482.9k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Paul M Weissman Family Foundation Inc has awarded 537 individual grants totaling $4,546,385. 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 |
|---|---|---|---|
Harriet L Weissman President & Secy | 0 | $0 | |
Michael A Weissman Director | 0 | $0 | |
Stephanie T Weissman Director | 0 | $0 | |
Peter A Weissman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $167,929 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,527 |
| Capital Gain Net Income | $41,527 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $209,456 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $388 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,834 |
| Total operating and administrative expenses | $12,986 |
| Contributions, gifts, grants paid | $469,870 |
| Total expenses and disbursements | $482,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,349 |
| Savings and temporary cash investments | $2,471,571 |
| 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 | $4,361,039 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,788,388 |
| 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 | $120,267 |
| Total liabilities | $120,267 |
Grants Awarded
Over the last fiscal year, Paul M Weissman Family Foundation Inc has awarded $469,870 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
BLYTHEDALE CHILDREN'S HOSPITAL PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $2,000 |
ACADEMY FOR TEACHERS PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $2,000 |
ALZHEIMERS DISEASE RESEARCH PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $1,000 |
BURKE REHAB HOSPITAL PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $1,000 |
CHABAD SHUL OF POTOMAC PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $50,000 |
DOCTORS WITHOUT BORDERS PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $25,000 |