Clayman Raiman Foundation Inc
- Assets
- $5.7m
- Revenue
- $216.5k
- Investments
- $4.5m
- Employees
- 0
- Location
- Bala Cynwyd, PA
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-3120517
Organization Overview
Clayman Raiman Foundation Inc is located in Bala Cynwyd, PA. The organization was established in 2018. 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. Clayman Raiman 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.
Since 2019, Clayman Raiman Foundation Inc has awarded 46 individual grants totaling $1,384,109. 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 |
|---|---|---|---|
Deborah Clayman President & CEO | 0.5 | $0 | |
Stephen A Cohen Vice President | 0.5 | $0 | |
David Cohen Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $154,412 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,075 |
| Capital Gain Net Income | $62,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$5,454 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,140 |
| Total operating and administrative expenses | -$964 |
| Contributions, gifts, grants paid | $581,232 |
| Total expenses and disbursements | $580,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,245,297 |
| 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 | $3,716,994 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,524 |
| Total assets | $5,717,513 |
| 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, Clayman Raiman Foundation Inc has awarded $581,232 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERT EINSTEIN COLLEGE PURPOSE: MEDICAL RESEARCH AND SUPPORT SERVICES | $2,240 |
CONGREGATION EMANU-EL PURPOSE: SPIRITUAL SUPPORT SERVICES | $4,325 |
DAMON RUNYON CANCER RESEARCH FUND PURPOSE: MEDICAL RESEARCH AND SUPPORT SERVICES | $5,000 |
DAMON RUNYON CANCER RESEARCH FUND PURPOSE: MEDICAL RESEARCH AND SUPPORT SERVICES | $1,582 |
CONGREGATION EMANU-EL PURPOSE: SPIRITUAL SUPPORT SERVICES | $4,540 |
FRIENDS OF THE ISRAEL DEFENSE FORCES PURPOSE: MILITARY, FOOD, SHELTER, EDUCATIONAL SUPPORT | $18,000 |