Gad And Marlene Janay Foundation is located in Highland Beach, FL. The organization was established in 2016. 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. Gad And Marlene Janay 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 12/2023, Gad And Marlene Janay Foundation generated $545.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $669.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Gad And Marlene Janay Foundation has awarded 236 individual grants totaling $3,108,218. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gad Janay Director | 3 | $0 | |
Marlene Janay Director | 3 | $0 | |
Michael A Janay Director | 0.5 | $0 | |
David R Janay Director | 0.5 | $0 | |
Barry E Janay Director | 0.5 | $0 | |
Rona G Spitzer Director | 10 | $57,600 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $293,374 |
| Interest on Savings | $0 |
| Dividends & Interest | $166,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $85,751 |
| Capital Gain Net Income | $85,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $545,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $57,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $82 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,666 |
| Total operating and administrative expenses | $91,446 |
| Contributions, gifts, grants paid | $578,100 |
| Total expenses and disbursements | $669,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $898,170 |
| 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 | $6,832,445 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,730,615 |
| 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 |
Over the last fiscal year, Gad And Marlene Janay Foundation has awarded $578,100 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF BEIT ISSIE SHAPIRO PURPOSE: SUPPORT FOR OPERATIONS | $5,000 |
JEWISH FOR GOOD PURPOSE: SUPPORT FOR OPERATIONS | $26,000 |
DUKE SCHOOL PURPOSE: SUPPORT FOR OPERATIONS | $23,500 |
AMERICAN ENTERPRISE INSTITUTE PURPOSE: SUPPORT FOR OPERATIONS | $15,000 |
AMERICAN FRIENDS OF NATAL INC PURPOSE: SUPPORT FOR OPERATIONS | $5,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: SUPPORT FOR OPERATIONS | $15,000 |