Leonard Merrill Kurz Foundation
- Assets
- $654.2k
- Revenue
- $92.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Hackensack, NJ
- Founding
- 03/2015
- Data as of
- 12/2022
- EIN
- 46-5420946
Organization Overview
Leonard Merrill Kurz Foundation is located in Hackensack, NJ. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Leonard Merrill Kurz 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, Leonard Merrill Kurz Foundation generated $92.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $14.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Leonard Merrill Kurz Foundation has awarded 75 individual grants totaling $177,505. 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 |
|---|---|---|---|
Mark A Berman Authorized Officer | 1 | $0 | |
Niam Bulbulia Financial Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $150 |
| Dividends & Interest | $11,691 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,248 |
| Capital Gain Net Income | $80,248 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $92,089 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $433 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $332 |
| Total operating and administrative expenses | $14,187 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $14,187 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $654,237 |
| 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 | $0 |
| Total assets | $654,237 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $10,590 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,529 |
| Total liabilities | $12,119 |
Grants Awarded
Over the last fiscal year, Leonard Merrill Kurz Foundation has awarded $33,400 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BERRA SEVENTH-DAY ADVENTIST CHURCH PURPOSE: GENERAL SUPPORT - DESIGNATED FOR CHILDREN'S CHOIR | $500 |
FOOD FORWARD PURPOSE: GENERAL SUPPORT - RESCUE OF SURPLUS PRODUCE WHICH ARE THEN DONATED TO HUNGER RELIEF AGENCIES | $10,000 |
FORESTS FOREVER FUND PURPOSE: GENERAL SUPPORT - TO RESTORE, REINHABIT AND PROTECT FORESTRY | $500 |
NUCLEAR AGE PEACE FOUNDATION PURPOSE: SUPPORT TO DELEGITIMIZE NUCLEAR WEAPONS AND TO FURTHER THEIR PEACE LITERACY FOR STUDENTS AND TEACHERS | $5,000 |
ST ANTHONY SCHOOL PURPOSE: GENERAL SUPPORT OF LUNCH PROGRAMS FOR ITS STUDENTS. | $3,500 |
PLAYWRIGHTS FOUNDATION PURPOSE: TO CREATE A SPACE TO CREATE STORIES AND EXPERIENCES THAT REFLECT THE DIVERSITY OF HUMANITY | $1,000 |