Wurtman Foundation Inc
- Assets
- $771.7k
- Revenue
- $74.3k
- Investments
- $544.8k
- Employees
- 0
- Location
- Wellesley, MA
- Founding
- 06/2001
- Data as of
- 06/2021
- EIN
- 65-0881769
Organization Overview
Wurtman Foundation Inc is located in Wellesley, MA. The organization was established in 2001. 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. Wurtman 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 06/2021, Wurtman Foundation Inc generated $74.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $57.3k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
RUSSIAN IMMIGRANTS PROGRAM: THE FOUNDATION CONTINUES TO DEVELOP AND IMPLEMENT A PROGRAM TO ASSIST RUSSIAN "ALIYA" ACTIVISTS WHO FOUGHT FOR THE RIGHT TO EMIGRATE TO ISRAEL FROM THE FORMER SOVIET UNION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elie Wurtman President | 0.5 | $0 | |
Robert Finkel Treasurer And Secretary | 0.5 | $0 | |
Enid Wurtman Co Elie Wurtman Director | 0.5 | $0 | |
Boaz Lipschitz Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,577 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,333 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $361 |
| Capital Gain Net Income | $31,769 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $74,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,746 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,176 |
| Total operating and administrative expenses | $37,292 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $57,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12 |
| Savings and temporary cash investments | $226,879 |
| 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 | $79,047 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $771,718 |
| 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, Wurtman Foundation Inc has awarded $20,000 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
PAVEL ABRAMOVICH PURPOSE: EMERGENCY AID TO REFUSENIKS | $2,500 |
MILA VOLVOVSKY PURPOSE: EMERGENCY AID TO REFUSENIKS | $2,500 |
LEAH CHERNOBILSKY PURPOSE: EMERGENCY AID TO REFUSENIKS | $1,500 |
INNA KOSHAROVSKY PURPOSE: EMERGENCY AID TO REFUSENIKS | $1,500 |
VLADIMIR KISLIK PURPOSE: EMERGENCY AID TO REFUSENIKS | $1,500 |
FANYA BERENSTEIN PURPOSE: EMERGENCY AID TO REFUSENIKS | $1,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wurtman Foundation Inc has recieved totaling $10,180.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $10,180 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeshiva Har Torah Little Neck, NY | $25,134,621 | $10,742,196 |
Barry & Florence Friedberg Jewish Community Center Oceanside, NY | $8,558,277 | $8,336,665 |
Iyun Haparsha Inc Brooklyn, NY | $1,226,371 | $8,939,709 |
Mesivta Tifereth Israel Of Rizhin New York, NY | $1,964,047 | $8,557,757 |
Yad Yisroel Inc Brooklyn, NY | $1,720,841 | $8,774,997 |
Chabad On Campus International Inc Brooklyn, NY | $9,228,225 | $8,043,003 |
Yeshiva Of Machzikai Hadas Inc Brooklyn, NY | $6,396,943 | $6,826,323 |
Yeshivat Ohel Torah Brooklyn, NY | $3,366,081 | $7,392,830 |
Ohr Torah Stone Institutions Of Isr Ael New York, NY | $3,499,443 | $7,485,264 |
Hazon Inc New York, NY | $7,976,938 | $5,896,176 |
Yeshivat Lev Torah Brooklyn, NY | $2,099,853 | $5,443,516 |
Chofetz Chaim Heritage Foundation Suffern, NY | $3,030,658 | $5,928,686 |