Strauss Foundation Incorporated
- Assets
- $1.1m
- Revenue
- $34.2k
- Investments
- $919.7k
- Employees
- 0
- Location
- Owings Mills, MD
- Founding
- 12/1953
- Data as of
- 12/2023
- EIN
- 52-6039178
Organization Overview
Strauss Foundation Incorporated is located in Owings Mills, MD. The organization was established in 1953. 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. Strauss Foundation Incorporated 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 12/2023, Strauss Foundation Incorporated generated $34.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $82.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Strauss Foundation Incorporated has awarded 303 individual grants totaling $239,106. 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 |
|---|---|---|---|
Leon Strauss President Director | 2 | $0 | |
Hannah S Magram Vpres Secrty Directr | 1 | $0 | |
David Magram Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8 |
| Dividends & Interest | $34,188 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,196 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,006 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $185 |
| Total operating and administrative expenses | $1,191 |
| Contributions, gifts, grants paid | $81,130 |
| Total expenses and disbursements | $82,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,379 |
| Savings and temporary cash investments | $112,156 |
| 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 | $0 |
| Total assets | $1,091,259 |
| 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, Strauss Foundation Incorporated has awarded $81,130 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
BIRTHRIGHT ISRAEL PURPOSE: EDUCATION | $200 |
B'NAI B'RITH PURPOSE: EDUCATION | $200 |
BOYS TOWN JERUSALEM PURPOSE: CHARITABLE | $200 |
BROWARD HEALTH PURPOSE: MEDICAL | $260 |
CAMERA PURPOSE: EDUCATION | $100 |
CAPITAL RESEARCH CENTER PURPOSE: EDUCATION | $100 |