Laura & Isaac Perlmutter Foundation Inc is located in Lake Worth, FL. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Laura & Isaac Perlmutter 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, Laura & Isaac Perlmutter Foundation Inc generated $29.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (48.1%) each year. All expenses for the organization totaled $919.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Laura & Isaac Perlmutter Foundation Inc has awarded 108 individual grants totaling $18,826,463. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Perlmutter President - Director | 1 | $0 | |
Laura Perlmutter Vice President - Director | 1 | $0 | |
Neal J Nissel Treasurer - Director | 20 | $450,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29,324 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,324 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $450,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,494 |
| Total operating and administrative expenses | $475,027 |
| Contributions, gifts, grants paid | $444,610 |
| Total expenses and disbursements | $919,637 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,791 |
| Savings and temporary cash investments | $1,381,730 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,262,521 |
| 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 |
Over the last fiscal year, Laura & Isaac Perlmutter Foundation Inc has awarded $444,610 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BABTIST HEALTH SOUTH FLORIDA FOUNDATION INC PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $25,000 |
BOCA RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $100 |
BIG DOG RANCH RESCUE FOUNDATION PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $500 |
BREAST CANCER RESEARCH FOUNDATION INC PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $5,000 |
BRIGHAM AND WOMEN'S HOSPITAL PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $2,500 |
CITYSERVE NETWORK PURPOSE: TO ASSIST NONPROFIT PURPOSE OF CHARITY | $250,000 |