Samuel J Gorlitz Foundation
- Assets
- $2.5m
- Revenue
- $339.3k
- Investments
- $538.1k
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/1986
- Data as of
- 12/2022
- EIN
- 52-1439097
Organization Overview
Samuel J Gorlitz Foundation is located in Washington, DC. The organization was established in 1986. 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. Samuel J Gorlitz 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 12/2022, Samuel J Gorlitz Foundation generated $339.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $130.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (26.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Samuel J Gorlitz Foundation has awarded 270 individual grants totaling $472,783. 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 |
|---|---|---|---|
Paula Gorlitz Vice President | 20 | $0 | |
Christopher T Smith Treasurer | 20 | $0 | |
Ariel Zuckerman President | 50 | $8,000 | |
Eric Zuckerman Secretary | 5 | $0 | |
Steven Zuckerman Assistant Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $67 |
| Dividends & Interest | $80,993 |
| Net Rental Income | -$10,803 |
| Net Gain on Sale of Assets | $253,763 |
| Capital Gain Net Income | $73,612 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $339,323 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,350 |
| Depreciation | $4,559 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | -$3,244 |
| Total operating and administrative expenses | $35,865 |
| Contributions, gifts, grants paid | $94,500 |
| Total expenses and disbursements | $130,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $190,081 |
| 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 | $37,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,750,015 |
| Total assets | $2,478,157 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $1,261,061 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,600 |
| Total liabilities | $1,271,661 |
Grants Awarded
Over the last fiscal year, Samuel J Gorlitz Foundation has awarded $94,500 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION PURPOSE: NATIONAL LEGAL DEFENSE FOR VULNERABLE POPULATIONS & CIVIL RIGHTS | $2,000 |
ACTION AGAINST HUNGER PURPOSE: A GLOBAL HUMANITARIAN ORGANIZATION THAT TAKES DECISIVE ACTION AGAINST THE CAUSES AND EFFECTS OF HUNGER. | $5,000 |
AMAZON WATCH PURPOSE: PROTECT INDIGENOUS PEOPLE & AMAZON RAINFOREST FROM DESTRUCTION AND DEVELOPMENT | $2,000 |
ALIGHT PURPOSE: INTERNATIONAL HUMANITARIAN ASSISTANCE TO REFUGEES/DISPLACED PERSONS | $1,000 |
AMERICAN HUMANE PURPOSE: NATIONAL ANIMAL RESCUE AND ADVOCACY | $500 |
AMERICAN JEWISH WORLD SERVICE PURPOSE: INTERNATIONAL HUMAN RIGHTS ORGANIZATION | $3,000 |