Melvin Gebroe Family Foundation Inc
- Assets
- $3.2m
- Revenue
- $711.2k
- Investments
- $2.0m
- Employees
- 0
- Location
- Livingston, NJ
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 26-4196308
Organization Overview
Melvin Gebroe Family Foundation Inc is located in Livingston, NJ. 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. Melvin Gebroe 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, Melvin Gebroe Family Foundation Inc generated $711.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $289.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Melvin Gebroe Family Foundation Inc has awarded 136 individual grants totaling $3,566,209. 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 |
|---|---|---|---|
Alan Gebroe President | 0 | $0 | |
Susan Hammer Secretary | 0 | $0 | |
Michael Lewis Treasurer | 0 | $0 | |
Michael Goldberg VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $639,807 |
| Interest on Savings | $0 |
| Dividends & Interest | $46,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $24,797 |
| Capital Gain Net Income | $24,797 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38 |
| Total Revenue | $711,189 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,973 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,008 |
| Total operating and administrative expenses | $21,364 |
| Contributions, gifts, grants paid | $268,334 |
| Total expenses and disbursements | $289,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,174,556 |
| 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 | $2,003,977 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,178,533 |
| 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, Melvin Gebroe Family Foundation Inc has awarded $804,583 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS OF ATLANTIC & CAPE MAY COUNTIES PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $570 |
BOYS & GIRLS CLUB OF ATLANTIC CITY PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $405 |
ATLANTICARE FOUNDATION PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $2,150 |
COMMUNITY FOODBANK OF NEW JERSEY - SOUTHERN BRANCH PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $765 |
JEWISH FEDERATION OF GREATER METROWEST NJ PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $643,333 |
MT PLEASANT ANIMAL SHELTER PURPOSE: AID DONEE ORGANIZATION IN PURSUIT OF ITS TAX EXEMPT STATUS | $1,250 |