Broser Family Foundation Inc
- Assets
- $163.1k
- Revenue
- $5.2k
- Investments
- $76.4k
- Employees
- 0
- Location
- Wayne, NJ
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-2034478
Organization Overview
Broser Family Foundation Inc is located in Wayne, NJ. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Broser Family 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.
For the year ending 12/2023, Broser Family Foundation Inc generated $5.2k 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 (45.4%) each year. All expenses for the organization totaled $19.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clifford Broser President | 0 | $0 | |
Alice Broser VP | 0 | $0 | |
Jake Broser Director | 0 | $0 | |
Lauren Broser Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $5,146 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,157 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $78 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33 |
| Total operating and administrative expenses | $111 |
| Contributions, gifts, grants paid | $19,722 |
| Total expenses and disbursements | $19,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,635 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $163,073 |
| 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, Broser Family Foundation Inc has awarded $19,722 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LUNG ASSOCIATION PURPOSE: MEDICAL | $250 |
BREAKING GROUND PURPOSE: COMMUNITY | $420 |
BIRTHRIGHT ISRAEL FOUNDATION PURPOSE: COMMUNITY | $180 |
FRIENDS OF DISABLED ISRAELI VETS PURPOSE: COMMUNITY | $360 |
NIKKI MITCHELL FOUNDATION PURPOSE: MEDICAL | $980 |
PACE UNIVERSITY ALUMNI ASSOC PURPOSE: EDUCATIONAL | $125 |