Michael Antonov Charitable Foundation Inc
- Assets
- $23.3m
- Revenue
- $828.8k
- Investments
- $23.3m
- Employees
- 0
- Location
- Woodbury, NY
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 47-1849235
Organization Overview
Michael Antonov Charitable Foundation Inc is located in Woodbury, NY. The organization was established in 2017. 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. Michael Antonov Charitable 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, Michael Antonov Charitable Foundation Inc generated $828.8k 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 (31.4%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Michael Antonov Charitable Foundation Inc has awarded 30 individual grants totaling $7,806,216. 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 |
|---|---|---|---|
Michael Antonov President | 3 | $0 | |
Natalia Margulis Vice President | 1 | $0 | |
Michael Margulis Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $614,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $197,043 |
| Capital Gain Net Income | $361,655 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17,721 |
| Total Revenue | $828,835 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $18 |
| Taxes | $26,347 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $107,162 |
| Contributions, gifts, grants paid | $2,779,500 |
| Total expenses and disbursements | $2,886,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,260 |
| 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 | $1,003,359 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,297,365 |
| 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, Michael Antonov Charitable Foundation Inc has awarded $2,779,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BUCK INSTITUTE FOR RESEARCH PURPOSE: DONATION | $250,000 |
BRIGHAM AND WOMENS HOSPITAL PURPOSE: DONATION | $287,000 |
UNIVERSITY OF ROCHESTER PURPOSE: DONATION | $250,000 |
ENTROPY SOFTWARE FOUNDATION PURPOSE: DONATION | $1,220,000 |
ACADEMICS FOR THE FUTURE OF SCIENCE PURPOSE: DONATION | $2,500 |
THE GIVING BANK FUNDAI FOUNDATION PURPOSE: DONATION | $200,000 |