Paul Koors Memorial Foundation Inc
- Assets
- $60.2k
- Revenue
- $53.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Rye, NY
- Founding
- 05/2019
- Data as of
- 12/2023
- EIN
- 83-3921754
Organization Overview
Paul Koors Memorial Foundation Inc is located in Rye, NY. The organization was established in 2019. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Paul Koors Memorial 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, Paul Koors Memorial Foundation Inc generated $53.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $49.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HELD A CONFERENCE ABOUT AORTIC DISSECTION DISEASE AT MONTEFIORE HOSPITAL
THE ORGANIZATION HELD A BENEFIT CONCERT AT ROCKWOOD HALL IN MANHATTAN TO PROMOTE THE AWARENESS OF AORTIC DISSECTION DISEASE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Duen Li Kao President | 5 | $0 | |
Patricia Koors Secretary | 1 | $0 | |
Paul Koors Director | 1 | $0 | |
Elizabeth Koors Treasurer | 1 | $0 | |
Mary Saviola Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $52,376 |
| Interest on Savings | $0 |
| Dividends & Interest | $695 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4 |
| Total Revenue | $53,110 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $933 |
| Total operating and administrative expenses | $933 |
| Contributions, gifts, grants paid | $48,600 |
| Total expenses and disbursements | $49,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,243 |
| 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 | $60,243 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $3,000 |
| 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 | $3,000 |
Grants Awarded
Over the last fiscal year, Paul Koors Memorial Foundation Inc has awarded $48,600 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
2023 SINGER-SONG WRITER SHOWCASE PURPOSE: LIVESTREAM BENEFIT CONCERT | $5,600 |
MONTEFIORE HOSP-PAUL KOORS CLINIC PURPOSE: DONATION TO THE PAUL KOORS AORTIC CLINIC | $40,000 |
WALDORF SCHOOL PURPOSE: DONATION TO THE MUSIC PROGRAM AT A NON-PROFIT 501C3 SCHOOL ASSOCIATION | $3,000 |