Raymond & Z Valeere Sass Family Foundation Inc
- Assets
- $55.0k
- Revenue
- $8.7k
- Investments
- $50.3k
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 65-1014883
Organization Overview
Raymond & Z Valeere Sass Family Foundation Inc is located in Baltimore, MD. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Raymond & Z Valeere Sass Family 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 12/2023, Raymond & Z Valeere Sass Family Foundation Inc generated $8.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 21.2% each year . All expenses for the organization totaled $4.9k during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Sass President/treasurer | 1 | $200 | |
Gerald Brotman Vice President | 1 | $200 | |
Beth Berman Secretary | 1 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $795 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $7,867 |
| Net ST Capital Gain | $291 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,867 |
| Total Revenue | $8,662 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,509 |
| Contributions, gifts, grants paid | $3,400 |
| Total expenses and disbursements | $4,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,623 |
| 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 | $54,963 |
| 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, Raymond & Z Valeere Sass Family Foundation Inc has awarded $3,400 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MARYLAND CHAPTER FRIENDS OF IDF PURPOSE: PROVIDING ASSISTANCE TO VICTIMS IF TERROR IN ISRAEL | $1,800 |
WILMER EYE CLINIC PURPOSE: FOR MEDICAL RESEARCH | $200 |
JOHNS HOPKINS CANCER CENTER PURPOSE: FOR MEDICAL RESEARCH | $200 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: JEWISH EDUCATION AND HISTORY | $100 |
AMERICAN FRIENDS OF UNITED HATZALAH PURPOSE: WORLDWIDE ASSISTANCE TO VICTIMS OF TERROR AND NATURAL DISASTERS | $500 |
CAMERA COMMUNICATIONS PURPOSE: SUPPORT MIDDLE EAST MEDIA REPORTING | $100 |