Sarah & Paul Densen Charitable Foundation Inc
- Assets
- $1.6m
- Revenue
- $313.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Cranford, NJ
- Founding
- 00/0000
- Data as of
- 10/2023
- EIN
- 52-1669426
Organization Overview
Sarah & Paul Densen Charitable Foundation Inc is located in Cranford, NJ. The organization was established in 0000. 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. Sarah & Paul Densen 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 10/2023, Sarah & Paul Densen Charitable Foundation Inc generated $313.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $143.0k during the year ending 10/2023. While expenses have increased by 7.6% per year over the past 8 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.
Since 2015, Sarah & Paul Densen Charitable Foundation Inc has awarded 71 individual grants totaling $851,453. 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 |
|---|---|---|---|
Sarah Densen Trustee | 0 | $0 | |
Robert Densen Trustee | 0.5 | $0 | |
Mark Densen Trustee | 0.5 | $0 | |
Michael Kurtz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $58,473 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $255,135 |
| Capital Gain Net Income | $255,135 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $313,608 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,940 |
| Total operating and administrative expenses | $8,790 |
| Contributions, gifts, grants paid | $134,160 |
| Total expenses and disbursements | $142,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,390 |
| Savings and temporary cash investments | $96,751 |
| 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 | $1,463,229 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,637,585 |
| 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 |
Grants Awarded
Over the last fiscal year, Sarah & Paul Densen Charitable Foundation Inc has awarded $134,160 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TEMPLE SINAI SUMMIT PURPOSE: VARIOUS CHARITABLE ACTIVITIES | $6,210 |
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY PURPOSE: PROVIDES EDUCATIONAL CHARITABLE SERVICES | $15,000 |
ISRAEL CANCER RESEARCH FUND PURPOSE: CANCER RESEARCH | $55,000 |
ANTI-DEFAMATION LEAGUE PURPOSE: VARIOUS ACTIVITIES THAT CONFRONTS ANTISEMITISM AND OTHER HATE CRIMES | $10,000 |
JEWISH FEDERATION OF METROWEST NJ PURPOSE: VARIOUS CHARITABLE ACTIVITIES | $40,000 |
EDUCATIONAL ALLIANCE PURPOSE: PROVIDES SERVICES THAT ENHANCE A FAMILIES'S WELL BEING AND SOCIOECONOMIC OPPORTUNITIES. | $2,500 |