Jacques And Natasha Gelman Foundation
- Assets
- $31.7m
- Revenue
- $1.5m
- Investments
- $28.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2014
- Data as of
- 11/2023
- EIN
- 46-2953602
Organization Overview
Jacques And Natasha Gelman Foundation is located in New York, NY. The organization was established in 2014. 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. Jacques And Natasha Gelman 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 11/2023, Jacques And Natasha Gelman Foundation generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.9m during the year ending 11/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jacques And Natasha Gelman Foundation has awarded 98 individual grants totaling $5,636,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet C Neschis President | 30 | $185,000 | |
Barbara Campisi Grants Manager | 8.5 | $95,513 | |
Allison Diamond Vice-President | 10 | $115,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $288,203 |
| Dividends & Interest | $606,193 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $218,177 |
| Capital Gain Net Income | $218,177 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $412,272 |
| Total Revenue | $1,524,845 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $395,513 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,250 |
| Depreciation | $0 |
| Occupancy | $77,496 |
| Travel, conferences, and meetings | $1,444 |
| Printing and publications | $0 |
| Other expenses | $274,910 |
| Total operating and administrative expenses | $820,961 |
| Contributions, gifts, grants paid | $1,046,500 |
| Total expenses and disbursements | $1,867,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,929,204 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $697,428 |
| Total assets | $31,719,796 |
| 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, Jacques And Natasha Gelman Foundation has awarded $1,046,500 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAS SOCIETY PURPOSE: GRANT FOR EXHIBITION OF ART | $25,000 |
THE BARUCH COLLEGE FUND PURPOSE: GRANT FOR EDUCATION | $10,000 |
BROOKLYN MUSEUM OF ARTS & SCIENCE PURPOSE: GRANT FOR EXHIBITION OF ART | $50,000 |
SOUL OF NATIONS PURPOSE: GRANT FOR ARTISTS RESIDENCY PROGRAM | $25,000 |
NATIONAL AUDUBON SOCIETY INC PURPOSE: GRANT FOR PUBLIC ART | $23,500 |
NYC SALT INC PURPOSE: GRANT FOR OUTREACH WORKSHOP PROGRAM IN PHOTOGRAPHY | $25,000 |