Donors Fund Inc is located in Lakewood, NJ. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Donors Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Donors Fund Inc generated $27.0m in total revenue. All expenses for the organization totaled $25.0m during the year ending 12/2019. While expenses have increased by 82.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO SIMPLIFY AND THEREBY ENCOURAGE BENEVOLENT PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO ORGANIZATIONS IN ACCORDANCE WITH THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ahron Schlesinger CEO | OfficerTrustee | 40 | $127,500 |
Yakov Travis COO | OfficerTrustee | 40 | $59,695 |
Shalom Gluck President | Trustee | 1 | $0 |
Moshe Schlesinger Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,893,726 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,893,726 |
Total Program Service Revenue | $0 |
Investment income | $107,185 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $27,000,911 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $24,344,940 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $21,630 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $187,195 |
Compensation of current officers, directors, key employees. | $59,902 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $57,016 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $22,210 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $112,753 |
Office expenses | $36,375 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,889 |
Travel | $8,442 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $876 |
All other expenses | $33,918 |
Total functional expenses | $24,966,964 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,077,442 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $532,303 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $10,645 |
Total assets | $5,620,390 |
Accounts payable and accrued expenses | $16,331 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $16,331 |
Net assets without donor restrictions | $5,604,059 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,620,390 |
Over the last fiscal year, Donors Fund Inc has awarded $10,510,502 in support to 388 organizations.
Grant Recipient | Amount |
---|---|
Lakewood, NJ PURPOSE: GENERAL SUPPORT | $1,112,437 |
Lakewood, NJ PURPOSE: GENERAL SUPPORT | $609,458 |
Lakewood, NJ PURPOSE: GENERAL SUPPORT | $456,302 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $201,000 |
Lakewood, NJ PURPOSE: GENERAL SUPPORT | $181,744 |
Lakewood, NJ PURPOSE: GENERAL SUPPORT | $177,296 |
Over the last fiscal year, we have identified 2 grants that Donors Fund Inc has recieved totaling $76,718.
Awarding Organization | Amount |
---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $60,390 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,328 |
Organization Name | Assets | Revenue |
---|---|---|
Donors Fund Inc Lakewood, NJ | $5,620,390 | $27,000,911 |
Roswell Park Alliance Foundation Buffalo, NY | $105,267,194 | $26,518,336 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Freedom Fund Brooklyn, NY | $9,289,800 | $16,398,424 |
Partnership Schools New York, NY | $65,751,887 | $13,200,484 |
The M S Hershey Foundation Hershey, PA | $56,217,627 | $12,355,652 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $13,512,280 |
Virgin Unite Usa Inc New York, NY | $14,736,857 | $4,506,648 |
Pittsburgh Promise Foundation Pittsburgh, PA | $66,594,047 | $8,011,763 |
Future Project Inc New York, NY | $10,380,325 | $15,567,317 |
Chinatown Health Clinic Foundation Inc New York, NY | $35,968,049 | $5,968,265 |
Chautauqua Foundation Inc Chautauqua, NY | $104,512,712 | $16,544,336 |