Tikkun Olam Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $47.7k
- Investments
- $1.1m
- Employees
- 0
- Location
- New Hyde Park, NY
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-3723332
Organization Overview
Tikkun Olam Family Foundation Inc is located in New Hyde Park, NY. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Tikkun Olam 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 12/2022, Tikkun Olam Family Foundation Inc generated $47.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $6.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (37.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Pittelman President | 0 | $0 | |
Ira Pittelman Vp/treas | 0 | $0 | |
Richard G Cohen Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,816 |
| Dividends & Interest | $30,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,748 |
| Capital Gain Net Income | $10,748 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,121 |
| Total Revenue | $47,688 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,313 |
| Total operating and administrative expenses | $6,313 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,175 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,103,391 |
| 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, Tikkun Olam Family Foundation Inc has awarded $60,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RONALD MCDONALD HOUSE OF NY PURPOSE: TO PROVIDE TEMPORARY HOUSING FOR PEDIATRIC CANCER PATIENTS AND THEIR FAMILIES | $5,000 |
RESOURCE GENERATION PURPOSE: TO ORGANIZE YOUNG PEOPLE IN THE U.S. TO BECOME TRANSFORMATIVE LEADERS WORKING TOWARDS THE EQUITABLE DISTRIBUTION OF WEALTH LAND AND POWER | $5,000 |
TEMPLE BETH -EL OF GREAT NECK PURPOSE: TO FUND THE GENERAL FUND OF THE SYNAGOGUE TO PROMOTE ITS RELIGIOUS FUNCTIONS | $10,000 |
TIDES FOUNDATION PURPOSE: TO WORK TO ADVANCE PROGRESSIVE POLICY IN AREAS SUCH AS THE ENVIRONMENT, HEALTH CARE, LABOR ISSUES, IMMIGRANT RIGHTS, GAY RIGHTS, WOMEN'S RIGHTS AND HUMAN RIGHTS | $20,000 |
DOCTORS WITHOUT BORDERS PURPOSE: BRINGING EMERGENCY MEDICAL CARE TO PEOPLE WITH THE GREATEST NEED | $10,000 |
UNION OF CONCERNED SCIENTISTS PURPOSE: TO PROMOTE SCIENCE FOR A HEALTHY PLANET AND SAFER WORLD | $10,000 |