Brendalyn And Ernest Stempel Foundation
- Assets
- $2.9m
- Revenue
- $51.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 30-6015902
Organization Overview
Brendalyn And Ernest Stempel Foundation is located in New York, NY. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Brendalyn And Ernest Stempel 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, Brendalyn And Ernest Stempel Foundation generated $51.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $233.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Brendalyn And Ernest Stempel Foundation has awarded 31 individual grants totaling $607,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Eisenberg Trustee | 1 | $0 | |
Estelle Debates Secretary | 1 | $0 | |
Brendalyn Stempel Trustee | 5 | $21,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $290 |
| Dividends & Interest | $107,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$56,308 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $51,334 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,841 |
| Total operating and administrative expenses | $43,948 |
| Contributions, gifts, grants paid | $190,000 |
| Total expenses and disbursements | $233,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,764 |
| Savings and temporary cash investments | $81,623 |
| 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 | $2,824,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,585 |
| Total assets | $2,931,757 |
| 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, Brendalyn And Ernest Stempel Foundation has awarded $190,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICA FOUNDATION PURPOSE: VARIOUS VARIOUS (CLEFF STUDENTS,HUSTLE PROGRAM,ECHO PROGRAM,RANGER PROGRAMCLEF SCHOLARSHIPS (COMMUNITY LIVING EDUCATION FUND) | $45,000 |
AMERICAN FRIENDS OF MASTERWORKS INC-MUSEUM OF BERMUDA ART PURPOSE: DESIGNATED FOR SUMMER CAMP SCHOLARSHIPS | $5,000 |
DIOCESAN COLLEGE HIGH SCHOOL (SOUTH AFRICA)THRU BISHOP FOUNDATION USA PURPOSE: EXISTING SCHOLARSHIP FUND/ EXISTING ENDOWMENT FUNDTHE HOFFMAN STEMPEL ENDOWMENT FOR STUDENT BURSARIES AND FINANCIAL AID | $45,000 |
HERSCHEL SCHOOL FOR GIRLS PURPOSE: GENERAL SUPPORT AND/OR ONGOING COSTS | $7,000 |
LALELA CHILDREN'S CHARITY PURPOSE: CURRENT ART OUTREACH PROJECTS | $25,000 |
OPERATION SMILE PURPOSE: SUPPORT FOR OPERATION SMILE IN SOUTH AFRICA | $5,000 |