Muskin Family Foundation
- Assets
- $2.7m
- Revenue
- $119.6k
- Investments
- $2.7m
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 02/2009
- Data as of
- 06/2023
- EIN
- 26-1139075
Organization Overview
Muskin Family Foundation is located in Westlake Village, CA. The organization was established in 2009. 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. Muskin Family 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 06/2023, Muskin Family Foundation generated $119.6k 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 (8.2%) each year. All expenses for the organization totaled $174.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Muskin Family Foundation has awarded 110 individual grants totaling $735,962. 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 |
|---|---|---|---|
John E Saunders Director, Presi | 2 | $0 | |
Richard Corleto Director, Asst | 1 | $0 | |
Jamie Gonzalez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,586 |
| Dividends & Interest | $70,442 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,359 |
| Capital Gain Net Income | $40,359 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $176 |
| Total Revenue | $119,563 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,367 |
| Taxes | $2,282 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,475 |
| Total operating and administrative expenses | $34,623 |
| Contributions, gifts, grants paid | $139,650 |
| Total expenses and disbursements | $174,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,408 |
| 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 | $2,663,833 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,671,241 |
| Accounts payable and accrued expenses | $77,500 |
| 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 | $77,500 |
Grants Awarded
Over the last fiscal year, Muskin Family Foundation has awarded $139,650 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN TECHNION SOCIETY PURPOSE: TO ENABLE THE TECHNIONTO IMPROVE THE WELLBEING OF ISRAEL ANDALL HUMANITY THROUGHLEADERSHIP IN SCIENCE | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: TO FIGHT AGAINSTALZHEIMERS DISEASETHROUGH RESEARCH | $5,000 |
MAPS CHARITIES PURPOSE: TO PROVIDE FUNDS OR SERVICES TO SENIORS FOR BASIC NECESSITIES. | $2,500 |
MICHAEL JFOX FOUNDATION FOR PARKINSON'S PURPOSE: DEDICATED TO FIND ACURE FOR PARKINSONSDISEASE THROUGHRESEARCH | $5,000 |
DANNY'S FARM CHARITABLE FOUNDATION PURPOSE: SPECIAL ANIMALS FORSPECIAL KIDS | $5,150 |
WASHINGTON INSTITUTE FOR NEAR EAST POLICY PURPOSE: ADVANCE A REALISTICUNDERSTANDING OFAMERICAN INTERESTS INTHE MIDDLE EAST | $5,000 |