David Vickter Foundation is located in Glendora, CA. The organization was established in 1984. 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. David Vickter 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 10/2023, David Vickter Foundation generated $409.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $602.9k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David Vickter Foundation has awarded 260 individual grants totaling $4,634,800. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Feinman President | 5 | $36,000 | |
Ethan Stein Secretary | 5 | $36,000 | |
Jason Stein Treasurer | 5 | $59,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $206,035 |
| Dividends & Interest | $155,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,538 |
| Capital Gain Net Income | $47,538 |
| Net ST Capital Gain | $23,822 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73 |
| Total Revenue | $409,287 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,333 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,280 |
| Total operating and administrative expenses | $152,772 |
| Contributions, gifts, grants paid | $450,150 |
| Total expenses and disbursements | $602,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$404,130 |
| Savings and temporary cash investments | $735,932 |
| 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 | $10,533 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,046,675 |
| 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 |
Over the last fiscal year, David Vickter Foundation has awarded $450,150 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS HEBREW UNIVERSITY PURPOSE: CHARITABLE | $12,750 |
WHEELS FOR HUMANITY PURPOSE: CHARITABLE | $40,000 |
STEP UP ON SECOND PURPOSE: CHARITABLE | $20,000 |
RONALD MCDONALD CHARITIES PURPOSE: CHARITABLE | $15,000 |
JEWISH HOME FOR THE AGING PURPOSE: CHARITABLE | $15,000 |
SOUTHERN POVERTY LAW CENTER PURPOSE: CHARITABLE | $10,000 |