Halis Family Foundation
- Assets
- $55.7m
- Revenue
- $8.1m
- Investments
- $52.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 30-6060775
Organization Overview
Halis Family Foundation is located in New York, NY. The organization was established in 2003. 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. Halis 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, Halis Family Foundation generated $8.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Halis Trustee | 2 | $0 | |
Nancy Halis Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,738,971 |
| Interest on Savings | $0 |
| Dividends & Interest | $825,772 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,453,484 |
| Capital Gain Net Income | $5,443,244 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $90,563 |
| Total Revenue | $8,108,790 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $190,472 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $408,352 |
| Total operating and administrative expenses | $707,644 |
| Contributions, gifts, grants paid | $2,833,000 |
| Total expenses and disbursements | $3,540,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,647,874 |
| 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 | $32,527,280 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $55,666,422 |
| 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, Halis Family Foundation has awarded $3,391,248 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SEE STATEMENT A PURPOSE: SEE STATEMENT A | $3,391,000 |
MAGELLAN MIDSTREAM PARTNERS LP PURPOSE: PASS THRU DONATIONS | $248 |