Loraine Chernoff Memorial Fund
- Assets
- $133.3k
- Revenue
- $4.1k
- Investments
- $127.9k
- Employees
- 0
- Location
- Florence, OR
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 46-6119666
Organization Overview
Loraine Chernoff Memorial Fund is located in Florence, OR. The organization was established in 0000. 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.
For the year ending 12/2022, Loraine Chernoff Memorial Fund generated $4.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $9.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $130 |
| Dividends & Interest | $2,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,070 |
| Capital Gain Net Income | $1,070 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,096 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $72 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $5,692 |
| Contributions, gifts, grants paid | $3,993 |
| Total expenses and disbursements | $9,685 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,369 |
| 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 | $127,891 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $59 |
| Total assets | $133,319 |
| 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, Loraine Chernoff Memorial Fund has awarded $3,993 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FLORENCE HABITAT FOR HUMANITY INC PURPOSE: SUPPORT FOR SERVICES | $1,331 |
SIUSLAW PUBLIC LIBRARY DISTRICT PURPOSE: SUPPORT FOR SERVICES | $1,331 |
OREGON COAST HUMANE SOCIETY PURPOSE: SUPPORT FOR SERVICES | $1,331 |