Motulsky-Nacht Family Foundation
- Assets
- $169.7m
- Revenue
- $11.6m
- Investments
- $153.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 35-7085377
Organization Overview
Motulsky-Nacht Family Foundation is located in New York, NY. The organization was established in 2016. 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. Motulsky-Nacht 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, Motulsky-Nacht Family Foundation generated $11.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $22.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Motulsky-Nacht Family Foundation has awarded 106 individual grants totaling $53,168,600. 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 |
|---|---|---|---|
John A Motulsky Trustee | 1 | $0 | |
Wendy Nacht Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $592 |
| Dividends & Interest | $4,478,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,878,455 |
| Capital Gain Net Income | $5,878,455 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,281,501 |
| Total Revenue | $11,639,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $267,970 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $526,025 |
| Total operating and administrative expenses | $800,645 |
| Contributions, gifts, grants paid | $21,956,784 |
| Total expenses and disbursements | $22,757,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,806,399 |
| 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 | $87,299,104 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $169,721,115 |
| 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, Motulsky-Nacht Family Foundation has awarded $21,956,784 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BIG LIFE FOUNDATION USA PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $25,000 |
CONGREGATION OR ZARUA PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $1,000 |
FIDELITY CHARITABLE PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $21,659,959 |
CORNELL UNIVERSITY - ATKINSON CENTER PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $10,000 |
HIMALAYAN CATARACT PROJECT PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |
INNOCENCE PROJECT PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSE | $50,000 |