A M Josephs Family Foundation is located in Wilmington, DE. The organization was established in 2012. 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. A M Josephs 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 12/2023, A M Josephs Family Foundation generated $90.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 35.3% each year . All expenses for the organization totaled $94.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, A M Josephs Family Foundation has awarded 182 individual grants totaling $730,650. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,821 |
| Dividends & Interest | $60,808 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,802 |
| Capital Gain Net Income | $14,802 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,280 |
| Total Revenue | $90,711 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $901 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,283 |
| Total operating and administrative expenses | $22,891 |
| Contributions, gifts, grants paid | $71,610 |
| Total expenses and disbursements | $94,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $266,803 |
| 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 | $119,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,650,849 |
| 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 |
Over the last fiscal year, A M Josephs Family Foundation has awarded $71,610 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF DARCHE NOAM INC PURPOSE: MIDRESHET RACHEL | $6,000 |
AMERICAN FRIENDS OF LEKET ISRAEL INC PURPOSE: PURIM FUND | $500 |
AMERICAN FRIENDS OF SHALVAT CHAYIM INC PURPOSE: GENERAL & UNRESTRICTED | $180 |
AMERICAN FRIENDS OF YAD ELIEZER INC PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
COLEL CHABAD PURPOSE: MAOS CHITTIM FUND | $1,000 |
JEW IN THE CITY PURPOSE: GENERAL & UNRESTRICTED | $10,000 |