Selma Oritt Foundation Inc
- Assets
- $895.6k
- Revenue
- $247.8k
- Investments
- $880.5k
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 01/1953
- Data as of
- 11/2021
- EIN
- 23-7416729
Organization Overview
Selma Oritt Foundation Inc is located in Coral Gables, FL. The organization was established in 1953. 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. Selma Oritt 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 11/2021, Selma Oritt Foundation Inc generated $247.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 39.1% each year . All expenses for the organization totaled $60.1k during the year ending 11/2021. While expenses have increased by 2.0% per year over the past 6 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 2014, Selma Oritt Foundation Inc has awarded 66 individual grants totaling $375,738. 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 |
|---|---|---|---|
Neil S Rollnick Director | 0.5 | $0 | |
Michael H Oritt Director | 0.5 | $0 | |
Ari Rollnick Director | 0.5 | $0 | |
Meredith Oritt Director | 0.5 | $0 | |
Steven Oritt Director | 0.5 | $0 | |
Elissa M Otto-Villamor Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $26,992 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $220,796 |
| Capital Gain Net Income | $221,580 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $247,788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,124 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $11,637 |
| Contributions, gifts, grants paid | $48,480 |
| Total expenses and disbursements | $60,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,178 |
| Savings and temporary cash investments | $0 |
| 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 | $27,620 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $895,634 |
| 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 Oritt Foundation Inc has awarded $48,480 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD CENTRAL KITCHEN INCORPORATED PURPOSE: CIVIC | $11,492 |
VENICE ARTS IN NEIGHBORHOODS PURPOSE: CIVIC | $9,996 |
New York, NY PURPOSE: CIVIC | $8,496 |
Miami, FL PURPOSE: CIVIC | $8,496 |
THE ELEPHANT SANCTUARY PURPOSE: CIVIC | $7,000 |
New York, NY PURPOSE: CIVIC | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fraser-Parker Foundation Atlanta, GA | $226,420,772 | $14,099,479 |
Paces Foundation Inc Smyrna, GA | $85,397,872 | $9,603,919 |
Ds Foundation Miami, FL | $183,651,055 | $1,385,395 |
The Ma-Ran Foundation Atlanta, GA | $81,838,064 | $4,938,726 |
Altec-Styslinger Foundation Inc Birmingham, AL | $128,305,509 | $25,360,360 |
Elizabeth Morse Genius Foundation Winter Park, FL | $145,557,522 | $11,233,005 |
Daniel Foundation Of Alabama Birmingham, AL | $125,925,900 | $11,135,386 |
Daniel E Offutt Iii Charitable Tr Sarasota, FL | $1,076,359 | $6,500,161 |
BBVA Foundation Birmingham, AL | $0 | $7,925,433 |
E G Watkins Family Foundation West Palm Beach, FL | $3,784,813 | $11,500,184 |
The Anita James Rosen Foundation Inc St Petersburg, FL | $5,834,282 | $31,742 |
Peterffy Foundation West Palm Beach, FL | $132,920,946 | $11,657,366 |