Holtz Charitable Foundation Inc
- Assets
- $5.0m
- Revenue
- $2.7m
- Investments
- $4.4m
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 35-2042978
Organization Overview
Holtz Charitable Foundation Inc is located in Orlando, FL. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Holtz Charitable 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, Holtz Charitable Foundation Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $5.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Holtz Charitable Foundation Inc has awarded 185 individual grants totaling $9,241,207. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis L Holtz Chairman/director | 1 | $0 | |
Luanne H Altenbaumer Director | 1 | $20,000 | |
Louis L Skip Holtz Director | 1 | $20,000 | |
Kevin R Holtz Sec/tres/director | 1 | $20,000 | |
Elizabeth J Massaglia Director | 1 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,645,847 |
| Interest on Savings | $81 |
| Dividends & Interest | $76,870 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $936,661 |
| Capital Gain Net Income | $936,661 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,659,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $80,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $54,644 |
| Total operating and administrative expenses | $141,597 |
| Contributions, gifts, grants paid | $5,440,482 |
| Total expenses and disbursements | $5,582,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $528,847 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $44,571 |
| 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 | $13,794 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,015,513 |
| Accounts payable and accrued expenses | $64,193 |
| 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 | $64,193 |
Grants Awarded
Over the last fiscal year, Holtz Charitable Foundation Inc has awarded $5,440,482 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
LOUSIANA TECH FOUNDATION PURPOSE: GENERAL SUPPORT | $150,000 |
HOLTZS HEROES FOUNDATION PURPOSE: GENERAL SUPPORT | $25,000 |
MEN OF MELCHIZEDEK PURPOSE: GENERAL SUPPORT | $100 |
UNIVERSITY OF NOTRE DAME PURPOSE: GENERAL SUPPORT | $5,000,000 |
YMCA PURPOSE: GENERAL SUPPORT | $15,000 |
LEAD THE WAY PURPOSE: GENERAL SUPPORT | $1,000 |