Norman Shulevitz Foundation
- Assets
- $2.9m
- Revenue
- $43.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Delray Beach, FL
- Founding
- 07/1991
- Data as of
- 12/2022
- EIN
- 65-0366047
Organization Overview
Norman Shulevitz Foundation is located in Delray Beach, FL. The organization was established in 1991. 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. Norman Shulevitz 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, Norman Shulevitz Foundation generated $43.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $373.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Norman Shulevitz Foundation has awarded 272 individual grants totaling $1,129,751. 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 |
|---|---|---|---|
Donna Lee Weiss President | 5 | $0 | |
Jerry L Weiss Vice President | 5 | $0 | |
Michelle Weiss Mankoff Director | 15 | $55,440 | |
Ryan Weiss Director | 15 | $64,560 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,850 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$30,138 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,215 |
| Total Revenue | $43,927 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,585 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $213 |
| Total operating and administrative expenses | $183,340 |
| Contributions, gifts, grants paid | $189,655 |
| Total expenses and disbursements | $372,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $489,236 |
| 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 | $2,374,206 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,863,442 |
| 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, Norman Shulevitz Foundation has awarded $189,655 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT CENTERS FOUNDATION PURPOSE: COMMUNITY | $10,000 |
AGUDAS ISRAEL CONGREGATION PURPOSE: GENERAL PURPOSE GRANT | $50 |
ANTI DEFAMATION LEAGUE PURPOSE: COMMUNITY | $10,000 |
BEST FOOT FORWARD PURPOSE: COMMUNITY | $15,000 |
BNAI ISRAEL PURPOSE: RELIGIOUS | $13,200 |
BOCA HELPING HANDS PURPOSE: COMMUNITY | $10,000 |