Ephraim And Gail Propp Family Foundation Inc
- Assets
- $4.9m
- Revenue
- $269.3k
- Investments
- $4.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 03/2012
- Data as of
- 12/2022
- EIN
- 45-4024050
Organization Overview
Ephraim And Gail Propp Family Foundation Inc is located in New York, NY. The organization was established in 2012. 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. Ephraim And Gail Propp Family Foundation Inc 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, Ephraim And Gail Propp Family Foundation Inc generated $269.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $349.6k during the year ending 12/2022. While expenses have increased by 22.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ephraim And Gail Propp Family Foundation Inc has awarded 241 individual grants totaling $1,930,150. 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 |
|---|---|---|---|
Gail Propp President And Director | 2 | $0 | |
Anna Propp Vice-Pres And Director | 1 | $0 | |
Eric Gomberg Secretary And Director | 1 | $0 | |
David Gomberg Treasurer And Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28 |
| Dividends & Interest | $267,561 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $490 |
| Capital Gain Net Income | $490 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,220 |
| Total Revenue | $269,299 |
| 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 | $9,966 |
| Total operating and administrative expenses | $11,716 |
| Contributions, gifts, grants paid | $337,900 |
| Total expenses and disbursements | $349,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,723 |
| Savings and temporary cash investments | $110,464 |
| 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 | $286,474 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,941,636 |
| 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, Ephraim And Gail Propp Family Foundation Inc has awarded $337,900 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET YMWHA PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $2,500 |
AMERICAN FRIENDS OF BAR ILAN UNIVERSITY PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $21,500 |
AMERICAN FRIENDS OF ISRAEL MUSEUM PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $2,500 |
AMERICAN FRIENDS OF SHALVA PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $1,800 |
AMERICAN FRIENDS OF SOROKA MEDICAL CENTER PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $2,500 |
AMERICAN JEWISH COMMITTEE PURPOSE: FOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATIONFOR GENERAL OPERATING NEEDS OF RECIPIENT ORGANIZATION | $17,500 |