INVESTORS FOUNDATION INC
https://N/A(3 yrs)
About
AS THE PAID PREPARER, WE ARE A SMALL FIRM STILL RECOVERING FROM THE AFTER EFFECTS OF COVID AND STILL HAVE NOT RETURNED TO OUR NYC OFFICE; PRIOR TO COVID WE EMPLOYED A STAFF OF 5 WITH 2 PARTNERS, WORKING REMOTELY, THERE ARE 2 PARTNERS AND 1 STAFF PERSON. WITH LIMITED STAFFING,AN AGING PARTNER (81 YEARS OF AGE), AND WORKING REMOTELY WE INSTITUTED NEW SOFTWARE APPLICATION AND DUE TO A CLERICAL ERROR REGARDING FILING DUE DATES WITHIN THE SOFTWARE, THE FILING OF THE RETURN WAS OVERLOOKED. AS SOON AS THE ERROR WAS DISCOVERED, WE WORKED TO FILE THE RETURN. PLEASE CONSIDER THE CONTINUED IMPACT THAT SMALL CPA FIRMS HAVE ENCOUNTERED FROM COVID AS REASONABLE CAUSE TO REVIEW AND ABATE ANY PENALTIES THAT OCCURRED ON BEHALF OF THIS FOUNDATION.
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | N/A | $31.7M | $2.2M | N/A |
| 2021 | $2.3M | $51.8M | $1.9M | 556 |
| 2023 | $2.1M | $20.9M | $1.2M | 492 |
Grant Size Distribution
Based on 1048 grants on record
Geographic Distribution
Key Personnel
| Name | Title | Compensation |
|---|---|---|
| RODGER K HERRIGEL | DIR./EX.DIR. & SECRETARY | $125K |
| VINCENT D MANAHAN III | DIRECTOR | $8K |
| WILLIAM A TANSEY III | DIRECTOR | $8K |
| JAMES GARIBALDI | DIRECTOR | $6K |
| ROBERT M CASHILL | DIRECTOR/PRESIDENT | $4K |
| KEVIN CUMMINGS | DIR./VP & TREASURER | — |
| DOMENICK CAMA | DIRECTOR | — |
Grants Awarded (1,048 total)
| Recipient | Location | Amount | Purpose | Year |
|---|---|---|---|---|
| ZOOLOGICAL SOCIETY OF NJ INC | WEST ORANGE, NJ | $60,000 | GENERAL SUPPORT | 2023 |
| NEW JERSEY CITIZEN ACTION EDUCATIONALFUND | NEWARK, NJ | $50,000 | GENERAL SUPPORT | 2023 |
| BONEI OLAM INC | BROOKLYN, NY | $50,000 | GENERAL SUPPORT | 2023 |
| OHEL CHIDLREN'S HOME & FAMILY SERVICES | BROOKLYN, NY | $50,000 | GENERAL SUPPORT | 2021 |
| OHEL CHIDLREN'S HOME & FAMILY SERVICES | BROOKLYN, NY | $50,000 | GENERAL SUPPORT | 2023 |
| STONY BROOK FOUNDATION | STONY BROOK, NY | $50,000 | GENERAL SUPPORT | 2023 |
| THE BROOKLYN ALLIANCE INC | BROOKLYN, NY | $50,000 | GENERAL SUPPORT | 2023 |
| RICHMOND UNIVERSITY MEDICAL CENTER | STATEN ISLAND, NY | $30,000 | GENERAL SUPPORT | 2021 |
| ICHUD MOSDOS HACHINUCH OF BROOKLYN | BROOKLYN, NY | $30,000 | GENERAL SUPPORT | 2023 |
| THE FOODBANK OF MONMOUTH AND OCEAN COUNTIES | NEPTUNE, NJ | $30,000 | GENERAL SUPPORT | 2021 |
| ICHUD MOSDOS HACHINUCH OF BROOKLYN | BROOKLYN, NY | $30,000 | GENERAL SUPPORT | 2021 |
| SAINT PETER'S UNIVERSITY | JERSEY CITY, NJ | $30,000 | GENERAL SUPPORT | 2021 |
| NEW CITY KIDS INC | JERSEY CITY, NJ | $30,000 | GENERAL SUPPORT | 2023 |
| SAINT PETER'S UNIVERSITY | JERSEY CITY, NJ | $30,000 | GENERAL SUPPORT | 2023 |
| RICHMOND UNIVERSITY MEDICAL CENTER | STATEN ISLAND, NY | $30,000 | GENERAL SUPPORT | 2023 |
| COUNT BASIE THEATRE INC | RED BANK, NJ | $30,000 | GENERAL SUPPORT | 2021 |
| NEW JERSEY PERFORMING ARTS CENTER CORP | NEWARK, NJ | $25,000 | GENERAL SUPPORT | 2023 |
| BOOMER ESIASON FOUNDATION | GARDEN CITY PARK, NY | $25,000 | GENERAL SUPPORT | 2021 |
| NJ CITY UNIVERSITY FOUNDATION | JERSEY CITY, NJ | $25,000 | GENERAL SUPPORT | 2023 |
| MONSIGNOR FARRELL HIGH SCHOOL | STATEN ISLAND, NY | $25,000 | GENERAL SUPPORT | 2021 |
| NEW JERSEY PERFORMING ARTS CENTER CORP | NEWARK, NJ | $25,000 | GENERAL SUPPORT | 2023 |
| STONY BROOK FOUNDATION | STONY BROOK, NY | $25,000 | GENERAL SUPPORT | 2021 |
| LIFE'S WORC INC | GARDEN CITY, NY | $25,000 | GENERAL SUPPORT | 2021 |
| SUMMIT SPEECH SCHOOL | NEW PROVIDENCE, NJ | $25,000 | GENERAL SUPPORT | 2021 |
| COUNT BASIE THEATRE INC | RED BANK, NJ | $25,000 | GENERAL SUPPORT | 2023 |