Eldee Foundation is located in null. The organization was established in 1965. 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. Eldee 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, Eldee Foundation generated $126.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Bloomfield Director | 0 | $0 | |
Harry Bloomfield President | 0 | $0 | |
Evelyn Schacter Bloomfield Vice President | 0 | $0 | |
Raphael Schacter Director | 0 | $0 | |
Antoinetta Ciarlone Secretary | 0 | $0 | |
Linda Romanelli Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $159,668 |
| Dividends & Interest | $75,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$115,933 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,820 |
| Total Revenue | $126,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $318,977 |
| Pension plans, employee benefits | $0 |
| Interest | $1,373 |
| Taxes | $22,257 |
| Depreciation | $1,366 |
| Occupancy | $53,654 |
| Travel, conferences, and meetings | $38,593 |
| Printing and publications | $0 |
| Other expenses | $22,490 |
| Total operating and administrative expenses | $585,596 |
| Contributions, gifts, grants paid | $578,505 |
| Total expenses and disbursements | $1,164,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,811 |
| 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 | $565,075 |
| Net Land, buildings, and equipment | $6,360 |
| Other assets | $157,225 |
| Total assets | $8,605,054 |
| Accounts payable and accrued expenses | $44,946 |
| 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 | $44,946 |
| Organization Name | Assets | Revenue |
|---|