The Applebaum Foundation Inc
- Assets
- $190.1m
- Revenue
- $36.3m
- Investments
- $187.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/1950
- Data as of
- 12/2022
- EIN
- 59-1002714
Organization Overview
The Applebaum Foundation Inc is located in New York, NY. The organization was established in 1950. 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. Applebaum 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 12/2022, Applebaum Foundation Inc generated $36.3m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $7.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Applebaum Foundation Inc has awarded 192 individual grants totaling $36,404,175. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Kaufman President | 15 | $100,000 | |
Michael Doppelt VP & Treasurer | 3 | $0 | |
Rebecca Lieberman Vp, Secretary, Executive Director | 40 | $275,000 | |
Lillian Applebaum Director | 1 | $0 | |
Erin R Borger Director | 1 | $0 | |
Judy Feder Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alliance Bernstein Lp | 12/30/22 | $285,459 |
Morgan Stanley Wealth Management | 12/30/22 | $184,508 |
Jp Morgan Chase Bank | 12/30/22 | $85,103 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,277,908 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,804,289 |
| Capital Gain Net Income | $31,825,634 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193,800 |
| Total Revenue | $36,275,997 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $378,066 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $71,620 |
| Interest | $0 |
| Taxes | $99,204 |
| Depreciation | $0 |
| Occupancy | $14,400 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,909 |
| Total operating and administrative expenses | $1,293,632 |
| Contributions, gifts, grants paid | $5,820,995 |
| Total expenses and disbursements | $7,114,627 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,004 |
| Savings and temporary cash investments | $2,410,687 |
| 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 | $135,760,590 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $190,104,461 |
| 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, The Applebaum Foundation Inc has awarded $10,169,000 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
COLLEGE OF WILLIAM AND MARY FOUNDATION PURPOSE: SPECIAL PURPOSE | $25,000 |
GIFT OF LIFE MARROW REGISTRY PURPOSE: SPECIAL PURPOSE | $135,000 |
HEBREW FREE LOAN SOCIETY PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
HADAR INSTITUTE PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI PURPOSE: RESEARCH | $250,000 |
CATHOLIC CHARITIES COMMUNITY SERVICES OF NEW YORK PURPOSE: SPECIAL PURPOSE | $150,000 |