The Burgstahler Foundation
- Assets
- $8.3m
- Revenue
- $880.8k
- Investments
- $5.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/2019
- Data as of
- 12/2023
- EIN
- 82-1950186
Organization Overview
The Burgstahler Foundation is located in New York, NY. The organization was established in 2019. 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. Burgstahler 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, Burgstahler Foundation generated $880.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $619.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Burgstahler Foundation has awarded 123 individual grants totaling $1,228,477. 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.
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 |
|---|---|---|---|
David Burgstahler President, Treasurer | 7 | $120,000 | |
Leslie Burgstahler Chairman Of The Board, Sec | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $836,236 |
| Interest on Savings | $13,826 |
| Dividends & Interest | $239,626 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$208,896 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25 |
| Total Revenue | $880,817 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $55,317 |
| Taxes | $12,939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $170 |
| Other expenses | $22,833 |
| Total operating and administrative expenses | $228,461 |
| Contributions, gifts, grants paid | $391,000 |
| Total expenses and disbursements | $619,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,585,945 |
| Savings and temporary cash investments | $0 |
| 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 | $5,724,581 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,310,526 |
| 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 | $45,838 |
| Total liabilities | $45,838 |
Grants Awarded
Over the last fiscal year, The Burgstahler Foundation has awarded $391,000 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
MULTIPLE MYELOMA RESEARCH FOUNDATION PURPOSE: MEDICAL | $250 |
ALZHEIMER'S ASSOCIATION PURPOSE: MEDICAL | $250 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: ARTS | $1,000 |
AMERICAN PRAIRIE PURPOSE: WILDLIFE CONSERVATION | $500 |
BLACK ROCK FOREST PURPOSE: ADVANCING SCIENTIFIC UNDERSTANDING OF THE NATURAL WORLD THROUGH RESEARCH, EDUCATION, AND CONSERVATION PROGRAMS. | $5,000 |
CARDINALS APPEAL PURPOSE: COMMUNITY SERVICES | $500 |