Allan & Melanie Nelkin Foundation Inc
- Assets
- $2.1m
- Revenue
- $54.6k
- Investments
- $2.0m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-5565319
Organization Overview
Allan & Melanie Nelkin Foundation Inc is located in Atlanta, GA. The organization was established in 2015. 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. Allan & Melanie Nelkin 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, Allan & Melanie Nelkin Foundation Inc generated $54.6k 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 (39.4%) each year. All expenses for the organization totaled $376.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Allan & Melanie Nelkin Foundation Inc has awarded 343 individual grants totaling $1,851,044. 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 |
|---|---|---|---|
Allan R Nelkin President & | 2 | $0 | |
Melanie Nelkin Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,000 |
| Interest on Savings | $4,668 |
| Dividends & Interest | $45,509 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$22,551 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,076 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $32,661 |
| Contributions, gifts, grants paid | $344,210 |
| Total expenses and disbursements | $376,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,217 |
| 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 | $802 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,012,546 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,132,565 |
| Accounts payable and accrued expenses | $1,000 |
| 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 | $1,000 |
Grants Awarded
Over the last fiscal year, Allan & Melanie Nelkin Foundation Inc has awarded $344,210 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S DISEASE AND RELATED PURPOSE: GENERAL | $500 |
AMERICAN JEWISH COMMITTEE PURPOSE: GENERAL | $234,500 |
AMERICAN SOCIETY FOR THE PREVENTION PURPOSE: GENERAL | $350 |
ANTI-DEFAMATION LEAGUE PURPOSE: GENERAL | $500 |
ATLANTA COMMUNITY FOOD BANK INC PURPOSE: GENERAL | $1,000 |
ATLANTA COMMUNITY SYMPHONY PURPOSE: GENERAL | $2,000 |