Tikkun Olam Foundation Inc
- Assets
- $47.4m
- Revenue
- $2.1m
- Investments
- $46.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2015
- Data as of
- 12/2022
- EIN
- 46-4286227
Organization Overview
Tikkun Olam Foundation Inc is located in New York, NY. The organization was established in 2015. 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. Tikkun Olam 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, Tikkun Olam Foundation Inc generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $7.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Tikkun Olam Foundation Inc has awarded 236 individual grants totaling $20,592,378. 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 |
|---|---|---|---|
Denise Sobel President/treasurer/chair/director | 2 | $0 | |
Naomi Sobel Secretary/director | 2 | $0 | |
Joanna Ware Director | 2 | $0 | |
Zev Lowe Executive Director | 40 | $90,681 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hall Capital Partners Llc | 12/30/22 | $126,519 |
Boston Common Asset Management | 12/30/22 | $54,552 |
Rockefeller Philanthropy Advisors | 12/30/22 | $251,833 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,644 |
| Dividends & Interest | $554,054 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,538,388 |
| Capital Gain Net Income | $1,717,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $152 |
| Total Revenue | $2,095,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $90,681 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $21,112 |
| Interest | $0 |
| Taxes | $35,971 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $176,756 |
| Total operating and administrative expenses | $817,178 |
| Contributions, gifts, grants paid | $6,263,504 |
| Total expenses and disbursements | $7,080,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,764 |
| Savings and temporary cash investments | $375,107 |
| 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 | $34,910,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $47,406,646 |
| 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, Tikkun Olam Foundation Inc has awarded $6,263,504 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
ALI FORNEY CENTER PURPOSE: TO SUPPORT GENERAL OPERATIONS | $50,000 |
ALLIANCE FOR GLOBAL JUSTICE PURPOSE: TO SUPPORT BLACK AND PINK MASSACHUSETTS | $20,000 |
BARD COLLEGE PURPOSE: TO SUPPORT THE BARD PRISION INITIATIVE | $50,000 |
ASTRAEA LESBIAN FOUNDATION FOR JUSTICE PURPOSE: TO SUPPORT GENERAL OPERATIONS | $250,000 |
AUDRE LORDE PROJECT PURPOSE: TO SUPPORT GENERAL OPERATIONS | $50,000 |
BEYOND BOND & LEGAL DEFENSE FUND INC PURPOSE: TO SUPPORT GENERAL OPERATIONS | $30,000 |