Sklar Family Foundation
- Assets
- $89.6k
- Revenue
- $8.3k
- Investments
- $53.0k
- Employees
- 0
- Location
- Boulder, CO
- Founding
- 11/2012
- Data as of
- 12/2022
- EIN
- 45-3659298
Organization Overview
Sklar Family Foundation is located in Boulder, CO. The organization was established in 2012. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Sklar 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, Sklar Family Foundation generated $8.3k 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 (26.1%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (48.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Howard F Sklar President | 1 | $0 | |
Malcolm Muchison Secretary | 1 | $0 | |
John Strausser Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $130 |
| Dividends & Interest | $1,119 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $70 |
| Capital Gain Net Income | $70 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,029 |
| Total Revenue | $8,348 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $45 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $624 |
| Total operating and administrative expenses | $6,669 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $6,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,975 |
| Savings and temporary cash investments | $17,688 |
| 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 | $10,501 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $89,615 |
| 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 | $5,000 |
| Other liabilities | $0 |
| Total liabilities | $5,000 |
Grants Awarded
Over the last fiscal year, Sklar Family Foundation has awarded $177,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
B'NAI ZION CONGREGATION PURPOSE: TO SUPPORT RABBI DEBENEDETTI. | $30,000 |
CASTLEBERRY PARKS AND RECREATION PURPOSE: TO SUPPORT THE MAINTENANCE OF A PARK AND RECREATION SYSTEM. | $1,000 |
CENTENARY COLLEGE OF LOUISIANA PURPOSE: TO SUPPORT THE SKLAR FAMILY FOUNDATION ANNUAL CENTENARY AWARD. | $15,000 |
HUMANE SOCIETY OF BOULDER VALLEY PURPOSE: TO ASSIST HOMELESS AND NEGLECTED ANIMALS. | $1,000 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: TO SUPPORT NATIONAL MS'S CYCLING FUNDRAISER. | $10,000 |
SHREVEPORT REGIONAL ARTS COUNCIL PURPOSE: TO PROMOTE THE ARTS. | $20,000 |