Assouline Lichten Foundation
- Assets
- $1.2m
- Revenue
- -$1.7k
- Investments
- $1.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2016
- Data as of
- 12/2023
- EIN
- 36-4848995
Organization Overview
Assouline Lichten 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. Assouline Lichten Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Assouline Lichten Foundation has awarded 169 individual grants totaling $222,247. 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 |
|---|---|---|---|
Joel Assouline Co-President | 1 | $0 | |
Vebeke Lichten Co-President | 1 | $0 | |
Agathe Assouline-Lichten Director | 1 | $0 | |
Arielle Assouline-Lichten Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,097 |
| Dividends & Interest | $38,413 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$42,215 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,705 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,919 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $380 |
| Total operating and administrative expenses | $12,095 |
| Contributions, gifts, grants paid | $46,185 |
| Total expenses and disbursements | $58,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,923 |
| Savings and temporary cash investments | $31,331 |
| 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 | $1,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,166,861 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,202,115 |
| 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, Assouline Lichten Foundation has awarded $46,185 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA-ISRAEL FRIENDSHIP PURPOSE: PROGRAM ACCOMPLISHMENTS | $2,500 |
AMERICAN FRIEND OF HEBREW UNIVERSIT PURPOSE: PROGRAM ACCOMPLISHMENTS | $14,000 |
AMERICAN LEGION AUXILLARY PURPOSE: PROGRAM ACCOMPLISHMENTS | $100 |
AMERICAN FRIEND OF TEL AVIV UNIVERS PURPOSE: PROGRAM ACCOMPLISHMENTS | $10,000 |
AMERICAN TECHNION SOCIETY PURPOSE: PROGRAM ACCOMPLISHMENTS | $10,000 |
AMERICAN-ISRAEL DEMOCRACY COALITION PURPOSE: PROGRAM ACCOMPLISHMENTS | $500 |