The@david Minkin Foundation
- Assets
- $15.6m
- Revenue
- $699.3k
- Investments
- $13.2m
- Employees
- 0
- Location
- Palm Beach, FL
- Founding
- 05/2008
- Data as of
- 12/2022
- EIN
- 55-0874960
Organization Overview
The@david Minkin Foundation is located in Palm Beach, FL. The organization was established in 2008. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. The@david Minkin 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, The@david Minkin Foundation generated $699.3k 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 (13.5%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, The@david Minkin Foundation has awarded 170 individual grants totaling $3,525,900. 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 |
|---|---|---|---|
Pamela Lester Trustee | 2 | $0 | |
Prescott Lester Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $8,108 |
| Dividends & Interest | $494,209 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $142,063 |
| Capital Gain Net Income | $142,063 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $54,914 |
| Total Revenue | $699,294 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,615 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $225,781 |
| Contributions, gifts, grants paid | $1,303,600 |
| Total expenses and disbursements | $1,529,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,352,191 |
| 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 | $395,552 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,587,874 |
| 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 | $271,139 |
| Total liabilities | $271,139 |
Grants Awarded
Over the last fiscal year, The@david Minkin Foundation has awarded $1,303,600 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
ALZHEIMER'S FOUNDATION PURPOSE: GENERAL | $60,000 |
AMERICAN CANCER SOCIETY PURPOSE: GENERAL | $49,850 |
AMERICAN FRIENDS OF ROYAL MUSEUMS GREENWICH CO CHAPEL & YORKE-LUCY COOKE PURPOSE: GENERAL | $7,350 |
AMERICAN RED CROSS PURPOSE: GENERAL | $14,850 |
ARTHRITIS FOUNDATION FLORIDA CHAPTER PURPOSE: GENERAL | $9,850 |
ANTI DEFAMATION LEAGUE PURPOSE: GENERAL | $5,000 |