Fooksman Family Foundation
- Assets
- $12.6m
- Revenue
- $972.0k
- Investments
- $12.2m
- Employees
- 0
- Location
- Menlo Park, CA
- Founding
- 01/2020
- Data as of
- 12/2023
- EIN
- 83-2645305
Organization Overview
Fooksman Family Foundation is located in Menlo Park, CA. The organization was established in 2020. 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. Fooksman 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, Fooksman Family Foundation generated $972.0k 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 (3.3%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Fooksman Family Foundation has awarded 128 individual grants totaling $4,352,591. 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 |
|---|---|---|---|
Eugene Fooksman Presdient | 1 | $0 | |
Myron G Sugarman Secretary & Chief Financia | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vanesh Llc | 12/30/23 | $301,847 |
Artthinq Llc | 12/30/23 | $63,645 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $311,279 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,452 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $629,299 |
| Capital Gain Net Income | $1,549,656 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $972,030 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $28,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $772 |
| Total operating and administrative expenses | $420,095 |
| Contributions, gifts, grants paid | $898,000 |
| Total expenses and disbursements | $1,318,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $416,419 |
| 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 | $8,027 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $12,211,849 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,636,295 |
| 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 | $136,466 |
| Total liabilities | $136,466 |
Grants Awarded
Over the last fiscal year, Fooksman Family Foundation has awarded $898,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICA-ISRAEL DEMOCRACY COALITION PURPOSE: THE HOSTAGE AND MISSING FAMILIES FORUM, | $15,000 |
AMERICARES PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
AREIVIM PHILANTHROPIC GROUP PURPOSE: YEARLY MEMBERSHIP | $25,000 |
ARLEKIN PLAYERS THEATRE PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
ARTIS PURPOSE: ARTIS FUND- 3 YEAR GRANT | $20,000 |
ARTIS PURPOSE: ARTIST RESIDENCY 2023- EMERGENCY GRANT | $25,000 |