Norman E Alexander Family M Foundation Inc
- Assets
- $80.7m
- Revenue
- $17.7m
- Investments
- $75.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 26-4413461
Organization Overview
Norman E Alexander Family M Foundation Inc is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norman E Alexander Family M 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 12/2021, Norman E Alexander Family M Foundation Inc generated $17.7m in total revenue. All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 66.5% per year over the past 4 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 2019, Norman E Alexander Family M Foundation Inc has awarded 32 individual grants totaling $11,335,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Zoffness Director/vp | 3 | $0 | |
Mark Alexander Director/president/treasurer | 3 | $0 | |
Daniel Binderman Director/vp/secretary | 3 | $0 | |
Nancy Cautillo Assistant Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,388,930 |
| Interest on Savings | $275 |
| Dividends & Interest | $1,803,770 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $473,841 |
| Capital Gain Net Income | $473,841 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,666,816 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $15,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $750 |
| Total operating and administrative expenses | $234,432 |
| Contributions, gifts, grants paid | $3,300,000 |
| Total expenses and disbursements | $3,534,432 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,009,453 |
| Savings and temporary cash investments | $4,450,439 |
| 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 | $1,381,779 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $80,702,389 |
| 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, Norman E Alexander Family M Foundation Inc has awarded $3,300,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT FOR CONSTRUCTION OF NEW ASTRO/PARTICLE PHYSICS BLDG | $2,600,000 |
US HOLOCAUST MEMORIAL MUSEUM PURPOSE: IN SUPPORT OF MUSEUM CIVIC & DEFENSE INITIATIVES EDUCATIONAL PROGRAM | $200,000 |
FLORENCE IMMIGRANT & REFUGEE RIGHTS PROJECT PURPOSE: GENERAL SUPPORT | $100,000 |
Denver, CO PURPOSE: GENERAL SUPPORT | $100,000 |
Hauppauge, NY PURPOSE: MUSICIANS RELIEF FUND | $75,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kolel Torah Inc Brooklyn, NY | $234,559 | $10,096,931 |
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |
Mosdos Rabbainu Nachum Meshadyk Brooklyn, NY | $3,226,330 | $4,187,685 |
Emet Veshalom Brooklyn, NY | $8,411 | $1,783,747 |
Daat Center Inc Brooklyn, NY | $444,170 | $1,892,675 |