The Stolzer Family Foundation Inc
- Assets
- $2.2m
- Revenue
- $170.7k
- Investments
- $2.0m
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 02/1997
- Data as of
- 08/2023
- EIN
- 31-1479510
Organization Overview
The Stolzer Family Foundation Inc is located in Morristown, NJ. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Stolzer 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 08/2023, Stolzer Family Foundation Inc generated $170.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $140.7k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Stolzer Family Foundation Inc has awarded 105 individual grants totaling $481,900. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ira G Stolzer President/trustee | 0 | $0 | |
Leslie J Logel Vice President/trustee | 0 | $0 | |
Ronnie H Forrest Secty/treasurer/trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $77,839 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $92,854 |
| Capital Gain Net Income | $103,396 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $170,693 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $165 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,841 |
| Total operating and administrative expenses | $35,743 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $140,743 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $166,856 |
| 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 | $2,047,355 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$1,714 |
| Total assets | $2,212,496 |
| 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, The Stolzer Family Foundation Inc has awarded $105,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AKINDALE THOROUGHBRED RESCUE PURPOSE: GENERAL SUPPORT | $3,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL SUPPORT | $5,000 |
ANIMAL RESCUE LEAGUE OF NEW HAMPSHIRE PURPOSE: GENERAL SUPPORT | $1,000 |
ANNIKA FOUNDATION PURPOSE: GENERAL SUPPORT | $2,000 |
CENTRASTATE HEALTHCARE FND PURPOSE: GENERAL SUPPORT | $2,500 |
FIRST TEE - COLUMBIA PURPOSE: GENERAL SUPPORT | $2,000 |