Sunrise Charitable Foundation Inc
- Assets
- $1.7m
- Revenue
- $591.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 51-0568537
Organization Overview
Sunrise Charitable Foundation Inc is located in New York, NY. The organization was established in 2006. 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. Sunrise 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, Sunrise Charitable Foundation Inc generated $591.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 62.3% each year . All expenses for the organization totaled $190.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Sunrise Charitable Foundation Inc has awarded 204 individual grants totaling $1,602,199. 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 |
|---|---|---|---|
Nathan A Low President & Treasurer | 2 | $0 | |
Samir Masri Vice President & Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,540 |
| Interest on Savings | $0 |
| Dividends & Interest | $35 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $466,160 |
| Capital Gain Net Income | $466,160 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $591,735 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,008 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,192 |
| Contributions, gifts, grants paid | $171,130 |
| Total expenses and disbursements | $190,322 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $103,011 |
| Savings and temporary cash investments | $161,069 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,391,789 |
| Total assets | $1,655,869 |
| 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 | -$419,900 |
| Total liabilities | -$419,900 |
Grants Awarded
Over the last fiscal year, Sunrise Charitable Foundation Inc has awarded $171,130 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
CHAI LIFELINE PURPOSE: GENERAL PURPOSE | $3,680 |
CONGREGATION BEIT EDMOND PURPOSE: GENERAL PURPOSE | $1,513 |
EDWARD J SAFRA SYNAGOGUE PURPOSE: GENERAL PURPOSE | $4,767 |
US FRIENDS OF YAD EZRAH PURPOSE: GENERAL PURPOSE | $11,960 |
YOUTH RENEWAL FUND PURPOSE: GENERAL PURPOSE | $10,000 |
CONGREGATION KEHILATH JESHURUN PURPOSE: GENERAL PURPOSE | $1,136 |