Richard And Marlene Ferst Family Foundation
- Assets
- $5.7k
- Revenue
- $28.4k
- Investments
- $2.6k
- Employees
- 0
- Location
- Haverford, PA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3911338
Organization Overview
Richard And Marlene Ferst Family Foundation is located in Haverford, PA. 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. Richard And Marlene Ferst 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 12/2022, Richard And Marlene Ferst Family Foundation generated $28.4k in total revenue. All expenses for the organization totaled $9.8k during the year ending 12/2022.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE STATEMENTS 7 AND 8
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Ferst Manager | 0 | $0 | |
Eric Ferst Manager | 0 | $0 | |
Marlene Ferst Manager | 0 | $0 | |
David Pressman Manager | 0 | $0 | |
Alison Markowitz Manager | 0 | $0 | |
Richard Ferst Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $22,763 |
| Interest on Savings | $0 |
| Dividends & Interest | $265 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,380 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $28,408 |
| 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 | $0 |
| Total operating and administrative expenses | $420 |
| Contributions, gifts, grants paid | $9,350 |
| Total expenses and disbursements | $9,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,064 |
| 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 | $5,702 |
| 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, Richard And Marlene Ferst Family Foundation has awarded $9,350 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MAIN LINE REFORM TEMPLE PURPOSE: GENERAL CONTRIBUTION | $3,500 |
ABRAMSON SENIOR CARE PURPOSE: GENERAL CONTRIBUTION | $2,500 |
Jenkintown, PA PURPOSE: GENERAL CONTRIBUTION | $1,000 |
ST JUDE CHILDRENS RESEARCH HOSPITAL PURPOSE: GENERAL CONTRIBUTION | $1,000 |
DIABETES RESEARCH PURPOSE: GENERAL CONTRIBUTION | $500 |
PARKINSON FOUNDATION PURPOSE: GENERAL CONTRIBUTION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Healthcare Foundation Of New Jersey Inc Millburn, NJ | $201,281,752 | $11,925,991 |
Tr Ua 06162003 New York, NY | $24,153,189 | $17,543,623 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Price Family Foundation Inc New York, NY | $4,922,654 | $6,599,359 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Vf Foundation Wilmington, DE | $28,556,217 | $960,441 |
Ruth Lilly Philanthropic Foundation Wilmington, DE | $89,481,864 | $12,222,478 |