Selma T And Jacques H Mitrani Foundation
- Assets
- $5.0m
- Revenue
- $307.0k
- Investments
- $4.9m
- Employees
- 0
- Location
- West Orange, NJ
- Founding
- 04/1971
- Data as of
- 07/2024
- EIN
- 23-7103779
Organization Overview
Selma T And Jacques H Mitrani Foundation is located in West Orange, NJ. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selma T And Jacques H Mitrani 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 07/2024, Selma T And Jacques H Mitrani Foundation generated $307.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $476.9k during the year ending 07/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Selma T And Jacques H Mitrani Foundation has awarded 71 individual grants totaling $1,394,890. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Comerchero Trustee | 10 | $0 | |
Leonard Comerchero Trustee | 10 | $0 | |
Melissa Comerchero Trustee | 10 | $0 | |
Myrna Comerchero Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $133,334 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $173,675 |
| Capital Gain Net Income | $373,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $307,009 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $63,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,056 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $63,255 |
| Total operating and administrative expenses | $149,871 |
| Contributions, gifts, grants paid | $327,010 |
| Total expenses and disbursements | $476,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,628 |
| Savings and temporary cash investments | $110,548 |
| 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 | $4,867,077 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,992,253 |
| 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, Selma T And Jacques H Mitrani Foundation has awarded $327,010 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BLOOMSBURG PUBLIC LIBRARY PURPOSE: GENERAL FUND | $10,000 |
B'NAI KESHET SYNAGOGUE PURPOSE: GENERAL FUND | $21,500 |
BLOOMSBURG THEATER ENSEMBLE PURPOSE: GENERAL FUND | $10,000 |
CONTRIBUTIONS PAID LESS THAN 5000 PURPOSE: GENERAL FUND | $14,113 |
EDEN VILLAGE CAMP PURPOSE: GENERAL FUND | $50,000 |
FOUNDATION OF JEWISH CAMP PURPOSE: GENERAL FUND | $5,000 |