Norman & Joan Ciment Foundation

Organization Overview

Norman & Joan Ciment Foundation is located in Miami Beach, FL. The organization was established in 1996. 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. Norman & Joan Ciment 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 12/2021, Norman & Joan Ciment Foundation generated $195.1k 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 (9.3%) each year. All expenses for the organization totaled $262.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Norman & Joan Ciment Foundation has awarded 186 individual grants totaling $937,690. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Board, Officers & Key Employees

Name (title)Compensation
Norman Ciment
President
$0
Joan Ciment
Vice President
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $69,090
Interest on Savings $3
Dividends & Interest $59,230
Net Rental Income$0
Net Gain on Sale of Assets $58,187
Capital Gain Net Income $58,187
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $8,625
Total Revenue $195,135

Grants Awarded

Over the last fiscal year, Norman & Joan Ciment Foundation has awarded $220,475 in support to 20 organizations.

Grant RecipientAmount

TEL AVIV UNIVERSITY

PURPOSE: HUMANITARIAN

$125,000

Miami Beach, FL

PURPOSE: HUMANITARIAN

$23,600

Brooklyn, NY

PURPOSE: HUMANITARIAN

$19,000

JAY MORTON-LEVINTHAL FOUNDATION

PURPOSE: HUMANITARIAN

$18,000

KATZ YESHIVA HIGH SCHOOL

PURPOSE: HUMANITARIAN

$15,000

TOMCHEI LA

PURPOSE: HUMANITARIAN

$10,000
View Grant Profile

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