Jules And Gwen Knapp Charitable Foundation
- Assets
- $55.6m
- Revenue
- $53.6k
- Investments
- $49.0m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 01/1987
- Data as of
- 12/2023
- EIN
- 36-3381401
Organization Overview
Jules And Gwen Knapp Charitable Foundation is located in Palm Beach, FL. The organization was established in 1987. 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. Jules And Gwen Knapp Charitable 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 12/2023, Jules And Gwen Knapp Charitable Foundation generated $53.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jules And Gwen Knapp Charitable Foundation has awarded 79 individual grants totaling $279,106. 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 |
|---|---|---|---|
Elyse Knapp Sollender President | 40 | $120,000 | |
Susan Knapp Schulman Vice-President, Treasurer | 40 | $120,000 | |
John W Randolph Jr Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $475,041 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,032,434 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,454,043 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $133 |
| Total Revenue | $53,565 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $240,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,041 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $215,699 |
| Total operating and administrative expenses | $510,056 |
| Contributions, gifts, grants paid | $757,950 |
| Total expenses and disbursements | $1,268,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,743 |
| Savings and temporary cash investments | $6,217,147 |
| Net Accounts receivable | $38,955 |
| 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 | $1,600,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $261,789 |
| Total assets | $55,585,230 |
| Accounts payable and accrued expenses | $50,041 |
| 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 | $50,041 |
Grants Awarded
Over the last fiscal year, Jules And Gwen Knapp Charitable Foundation has awarded $144,056 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH UNITED FUND PURPOSE: GENERAL PURPOSE | $70,000 |
AMERICAN FRIENDS OF HEBREW UNIVERSITY PURPOSE: GENERAL PURPOSE | $25,000 |
JEWISH FEDERATION OF SAN DIEGO COUNTY CA PURPOSE: GENERAL PURPOSE | $6,600 |
CHABAD JEWISH CENTER OF MARTIN & ST-LUCIE COUNTY PURPOSE: GENERAL PURPOSE | $1,000 |
CONGREGATION BETH EL PURPOSE: GENERAL PURPOSE | $5,200 |
JEWISH FAMILY SERVICES OF SAN DIEGO PURPOSE: GENERAL PURPOSE | $2,306 |