David & Gusta Rosenberg Family Foundation
- Assets
- $10.9m
- Revenue
- $507.3k
- Investments
- $10.1m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 75-2145757
Organization Overview
David & Gusta Rosenberg Family Foundation is located in Dallas, TX. The organization was established in 1987. 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. David & Gusta Rosenberg Family 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, David & Gusta Rosenberg Family Foundation generated $507.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $768.1k during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 4 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.
Since 2014, David & Gusta Rosenberg Family Foundation has awarded 132 individual grants totaling $2,531,900. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES FUNDS FOR OPERATING CHARITABLE ORGANIZATION TO FURTHER AND ENHANDCE THOSE ORGANIZATIONS CHARITABLE PURPOSES. SEE LIST OF FUNDS PROVIDED TO THE OPERATING CHARITABLE ORGANIZATIONS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheldon Rosenberg President | 5 | $0 | |
Oscar Rosenberg VP - Secretary | 5 | $0 | |
Bernard Rosenberg Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $322,231 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,116 |
| Capital Gain Net Income | $185,116 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $507,347 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $37,579 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135,348 |
| Total operating and administrative expenses | $172,927 |
| Contributions, gifts, grants paid | $595,200 |
| Total expenses and disbursements | $768,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $825,454 |
| 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 | $10,932,851 |
| 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, David & Gusta Rosenberg Family Foundation has awarded $595,200 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF YAD ELIEZER PURPOSE: CHARITABLE DONATION | $1,000 |
AMERICAN FRIENDS OF MERCAZ HATORAH PURPOSE: CHARITABLE DONATION | $3,600 |
BETH JACOB HIGH SCHOOL PURPOSE: CHARITABLE DONATION | $2,500 |
BETH MEDRASH GOVOHA PURPOSE: CHARITABLE DONATION | $2,500 |
CONGREGATION SHAARE TEFILLA PURPOSE: CHARITABLE DONATION | $3,300 |
DALLAS AREA TORAH ASSOCIATION PURPOSE: CHARITABLE DONATION | $43,000 |