Ganek Family Foundation
- Assets
- $26.7m
- Revenue
- $11.4m
- Investments
- $13.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2013
- Data as of
- 12/2022
- EIN
- 45-3760732
Organization Overview
Ganek Family Foundation is located in New York, NY. The organization was established in 2013. 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. Ganek 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, Ganek Family Foundation generated $11.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ganek Family Foundation has awarded 186 individual grants totaling $7,532,417. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNIVERSITY OF SOUTHERN CALIFORNIA SCHOOL OF CINEMATIC ARTS
THIRD OPTION FOUNDATION
THE METROPOLITAN MUSEUM OF ART
ROCKEFELLER PHILANTHROPY ADVISORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ganek Director, President | 2 | $0 | |
Danielle Ganek Director, Secretary, Treas | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $66,769 |
| Dividends & Interest | $164,465 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $11,196,070 |
| Capital Gain Net Income | $11,196,070 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,427,304 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $201,145 |
| Total operating and administrative expenses | $225,548 |
| Contributions, gifts, grants paid | $1,150,957 |
| Total expenses and disbursements | $1,376,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,032,999 |
| Savings and temporary cash investments | $0 |
| 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 | $13,627,495 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,087,950 |
| Total assets | $26,748,444 |
| 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, Ganek Family Foundation has awarded $1,150,957 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
ASPEN ART MUSEUM PURPOSE: GIFT FOR PROGRAM SUPPORT | $25,000 |
CITY MEALS-ON-WHEELS PURPOSE: GIFT FOR OPERATING SUPPORT | $2,500 |
HOPE FOR DEPRESSION RESEARCH FOUNDATION PURPOSE: GIFT FOR OPERATING SUPPORT | $10,000 |
HOUSE OF THE SPEAKEASY FOUNDATION PURPOSE: GIFT FOR OPERATING SUPPORT | $10,000 |
CITY SQUASH PURPOSE: GIFT FOR OPERATING SUPPORT | $25,000 |
THE BOYS' CLUB OF NEW YORK PURPOSE: GIFT FOR PROGRAM SUPPPORT | $11,850 |