Ida C And Morris Falk Foundation
- Assets
- $5.9m
- Revenue
- -$278.1k
- Investments
- $5.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 54-1828916
Organization Overview
Ida C And Morris Falk Foundation is located in New York, NY. The organization was established in 1997. 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. Ida C And Morris Falk Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Ida C And Morris Falk Foundation has awarded 112 individual grants totaling $1,447,663. 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 |
|---|---|---|---|
Anthony David Salzman Director/president | 0.5 | $0 | |
Alexandra Mina Shang Salzman Director/secretary/treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,408 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$334,438 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,970 |
| Total Revenue | -$278,060 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $53,825 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $5,874 |
| Printing and publications | $0 |
| Other expenses | $1,151 |
| Total operating and administrative expenses | $250,271 |
| Contributions, gifts, grants paid | $220,398 |
| Total expenses and disbursements | $470,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,701 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $6,849 |
| 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 | $2,346,126 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,900,063 |
| 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, Ida C And Morris Falk Foundation has awarded $220,398 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
HO CHI MINH CITY UNIVERSITY OF TECHNOLOGY PURPOSE: GRANT DEDICATED TO THE UNIVERSITY'S COMPETITION'S CONTINUATION PROGRAM FOR TWO STUDENT TEAMS TO CONTINUE THEIR SAMPLING PROCESS, OBTAIN A COMMERCIALLY-VIABLE PROTOTYPE, AND LEAD INITIAL CONSUMER SURVEY ACTIVITIES. | $200 |
ROYAL MELBOURNE INSTITUTE OF TECHNOLOGY (RMIT) PURPOSE: RESEARCH GRANT TO UNIVERSITY FOR ENVIRONMENT - SUPPORTING CLIMATE CIRCULAR SOLUTIONS IN THE FASHION SECTOR | $1,500 |
KISIMPACT SOCIAL ENTERPRISES COMPANY LIMITED PURPOSE: GRANT DEDICATED TO SUPPORTING THE C-PLASTICS INCUBATOR PROGRAM, DEVELOPMENT OF A CURRICULUM, WHICH WOULD BE FOCUSING ON TRAINING EARLY-STAGE ENTREPRENEURS TO ESTABLISH A VIABLE PRODUCT OR SERVICE TO ADDRESS PLASTIC WASTE BY ALTERNATIVES TO PLASTICS WHILE ENGAGING ANGEL INVESTORS TO NAVIGATE POTENTIAL FUNDING OPPORTUNITIES IN THE REGION. | $1,500 |
EVERGREEN SOCIAL VENTURES COMPANY LIMITED PURPOSE: RESEARCH GRANT FOR A CASE/ RESEARCH STUDY FOR A CLIMATE SOLUTION "SOCIAL FRANCHISING FOR GROWTH: A CASE STUDY WITH GLASSIA" PROJECT. | $3,425 |
RARE INC PURPOSE: RESEARCH GRANT & EDUCATIONAL AND ENVIRONMENTAL GRANT | $5,000 |
AIR FORCE MEMORIAL FOUNDATION PURPOSE: GENERAL SUPPORT | $2,000 |