Timashev Family Foundation
- Assets
- $903.5k
- Revenue
- $23.3m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2018
- Data as of
- 12/2023
- EIN
- 82-1674572
Organization Overview
Timashev Family Foundation is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timashev 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 12/2023, Timashev Family Foundation generated $23.3m in total revenue. All expenses for the organization totaled $20.1m during the year ending 12/2023. While expenses have increased by 130.7% per year over the past 6 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 2018, Timashev Family Foundation has awarded 31 individual grants totaling $34,835,583. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ratmir Timashev Director | 0 | $0 | |
Anzhela Timashev Director | 0 | $0 | |
Anton Timashev Director | 0 | $0 | |
Michael Triplett Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,724,436 |
| Interest on Savings | $6,471 |
| Dividends & Interest | $175,820 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,385,187 |
| Capital Gain Net Income | $12,385,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $23,291,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $167,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $193,480 |
| Contributions, gifts, grants paid | $19,863,333 |
| Total expenses and disbursements | $20,056,813 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,500 |
| Savings and temporary cash investments | $857,022 |
| 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 | $903,522 |
| 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, Timashev Family Foundation has awarded $19,863,333 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE RENEW DEMOCRACY INTIATIVE INC PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $30,000 |
GREEN FARMS ACADEMY PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $100,000 |
GREENWICH COUNTRY DAY SCHOOL INC PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $410,000 |
OHIO STATE UNIVERSITY FOUNDATION PURPOSE: COLLEGE OF ARTS AND SCIENCES SUPPORT | $13,993,333 |
WORLD CENTRAL KITCHEN PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $5,000,000 |
BRUCE MUSEUM INC PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $30,000 |