G Harold And Leila Mathers Charitable Foundation
- Assets
- $96.4m
- Revenue
- $20.9m
- Investments
- $87.3m
- Employees
- 0
- Location
- Rye Brook, NY
- Founding
- 07/1975
- Data as of
- 12/2022
- EIN
- 23-7441901
Organization Overview
G Harold And Leila Mathers Charitable Foundation is located in Rye Brook, NY. The organization was established in 1975. 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. G Harold And Leila Mathers Charitable 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 12/2022, G Harold And Leila Mathers Charitable Foundation generated $20.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $23.4m during the year ending 12/2022. While expenses have increased by 5.6% 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, G Harold And Leila Mathers Charitable Foundation has awarded 983 individual grants totaling $280,370,987. 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 |
|---|---|---|---|
Donald E Handelman VP | 4 | $50,000 | |
David Boyle Sec/dir | 2 | $50,000 | |
Richard Handelman Pres/dir | 4 | $50,000 | |
Judy Herman Director | 2 | $50,000 | |
Peter Gottlieb Director | 2 | $50,000 | |
Howard Chester Director/executive Director | 40 | $425,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meyer Handelman Company | 12/30/16 | $543,479 |
Anchin Block & Anchin Llp | 12/30/16 | $56,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,241 |
| Dividends & Interest | $7,726,598 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,764,901 |
| Capital Gain Net Income | $5,764,901 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,410,226 |
| Total Revenue | $20,904,966 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $880,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $67,334 |
| Interest | $0 |
| Taxes | $282,244 |
| Depreciation | $4,968 |
| Occupancy | $49,069 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,478,560 |
| Total operating and administrative expenses | $3,578,441 |
| Contributions, gifts, grants paid | $19,787,866 |
| Total expenses and disbursements | $23,366,307 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $928,514 |
| Savings and temporary cash investments | $2,536,603 |
| Net Accounts receivable | $496,712 |
| 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 | $4,715,744 |
| Investments—mortgage loans | $0 |
| Investments—other | $22,762,316 |
| Net Land, buildings, and equipment | $13,587 |
| Other assets | $409,377 |
| Total assets | $96,422,457 |
| Accounts payable and accrued expenses | $96,794 |
| Grants payable | $22,520,191 |
| 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 | $22,616,985 |
Grants Awarded
Over the last fiscal year, G Harold And Leila Mathers Charitable Foundation has awarded $29,886,371 in support to 112 organizations.
| Grant Recipient | Amount |
|---|---|
BETH ISRAEL DEACONESS MEDICAL CENTER PURPOSE: RESEARCH PROJECT | $220,166 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: RESEARCH PROJECT | $20,000 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: RESEARCH PROJECT | $200,000 |
BOSTON COLLEGE PURPOSE: RESEARCH PROJECT | $10,000 |
BOSTON COLLEGE PURPOSE: RESEARCH PROJECT | $91,983 |
BRANDEIS UNIVERSITY PURPOSE: RESEARCH PROJECT | $227,046 |