Jacob P And Ruth L Shrago Foundation
- Assets
- $1.1m
- Revenue
- $30.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 07/1984
- Data as of
- 12/2023
- EIN
- 58-1570908
Organization Overview
Jacob P And Ruth L Shrago Foundation is located in Las Vegas, NV. The organization was established in 1984. 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. Jacob P And Ruth L Shrago 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 12/2023, Jacob P And Ruth L Shrago Foundation generated $30.0k 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 (23.2%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Jacob P And Ruth L Shrago Foundation has awarded 64 individual grants totaling $189,187. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $33,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,557 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $638 |
| Total Revenue | $29,981 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $17,063 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $378 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $18,984 |
| Contributions, gifts, grants paid | $52,711 |
| Total expenses and disbursements | $71,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $219 |
| Savings and temporary cash investments | $41,458 |
| 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 | $1,042,910 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,084,587 |
| 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, Jacob P And Ruth L Shrago Foundation has awarded $52,711 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BRANDEIS UNIVERSITY PURPOSE: GENERAL OPERATING | $1,977 |
SHRINERS HOSPITALS FOR CHILDREN PURPOSE: GENERAL OPERATING | $3,293 |
TALMUDICAL ACADEMY OF BALTIMORE PURPOSE: GENERAL OPERATING | $1,977 |
BAIS YAAKOV SCHOOL FOR GIRLS PURPOSE: GENERAL OPERATING | $1,977 |
NER ISRAEL RABBINICAL COLLEGE PURPOSE: GENERAL OPERATING | $3,293 |
WAYNE COUNTY PUBLIC LIBRARY PURPOSE: GENERAL OPERATING | $1,322 |