Irving I Moskowitz Foundation
- Assets
- $51.6m
- Revenue
- $10.0m
- Investments
- $9.0m
- Employees
- 10
- Location
- Hawaiian Gardens, CA
- Founding
- 02/1968
- Data as of
- 12/2022
- EIN
- 95-6201346
Organization Overview
Irving I Moskowitz Foundation is located in Hawaiian Gardens, CA. The organization was established in 1968. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Irving I Moskowitz Foundation employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Irving I Moskowitz 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 12/2022, Irving I Moskowitz Foundation generated $10.0m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $9.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Irving I Moskowitz Foundation has awarded 639 individual grants totaling $53,651,736. 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOR EDUCATION, SCIENTIFIC, RELIGIOUS AND CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
PROVIDED FUNDING TO NEARLY 100 DIFFERENT CHARITIES, AIDING IN THE FURTHERANCE OF THEIR SCIENTIFIC, RELIGIOUS, CHARITABLE & EDUCATIONAL ENDEAVORS, AND PROVIDED FUNDING TO DEFRAY PUBLIC SAFETY, EDUCATIONAL & RECREATIONAL BURDENS OF A MUNICIPALITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Moskowitz Schultz Director | Trustee | 5 | $0 |
Nettie Sarvas Director | Trustee | 1 | $0 |
Betty Menachem Director | Trustee | 1 | $0 |
Oren Ben Ezra Director | Trustee | 5 | $0 |
Margolit Moskowitz Director | Trustee | 1 | $0 |
Diana Spruill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,306,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,306,498 |
| Total Program Service Revenue | $0 |
| Investment income | $1,248,651 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $107,326 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $7,330,059 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,992,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,392,850 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,463 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,925 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,652 |
| Fees for services: Accounting | $54,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,898 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,434,597 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $302,534 |
| Insurance | $0 |
| All other expenses | $289,290 |
| Total functional expenses | $9,040,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,828,012 |
| Savings and temporary cash investments | $100,462 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,204 |
| Net Land, buildings, and equipment | $20,333,390 |
| Investments—publicly traded securities | $20,379,808 |
| Investments—other securities | $8,975,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $51,622,876 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $100 |
| Total liabilities | $100 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $51,622,776 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $51,622,876 |
Grants Awarded
Over the last fiscal year, Irving I Moskowitz Foundation has awarded $5,306,250 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
AFULA EDUCATIONAL CENTER INC PURPOSE: PROVIDE FUNDS TO MERCAZ TORANI IN AFULA ISRAEL | $30,000 |
AMERICAN COMMITTEE FOR THE WEIZMANN INSTITUTE PURPOSE: TO DEVELOP PHILANTHROPIC FUNDING FOR THE WEIZMANN INSTITUTE OF SCIENCE | $75,000 |
AMERICAN FRIENDS OF BAR-ILAN UNIVERSITY PURPOSE: TO RAISE AWARENESS & FINANCIAL SUPPORT IN THE U.S. FOR BAR-ILAN UNIVERSITY IN ISRAEL | $300,000 |
AMERICAN FRIENDS OF RAMAT BET SHEMESH PURPOSE: PROVIDE ASSISTANCE TO EDUCATIONAL INSTITUTIONS & GRANTS TO INDIGENT SCHOLARS | $1,000,000 |
AMERICAN FRIENDS OF CRIB PURPOSE: EDICATIONAL, SOCIAL & FINANCIAL ASSISTANCE TO DISTRESSED WOMEN IN ISRAEL WITH UNWANTED PREGNANCIES | $15,000 |
AMERICAN FRIENDS OF HOUSE OF HOPE PURPOSE: TO PROVIDE SUPPORT AND HELP FOR JEWISH RELIGIOUS GIRLS. | $80,000 |