Public Charity

FOUNDATION FOR THE ELDERLY

Based in INWOOD, NY, FOUNDATION FOR THE ELDERLY operates as a Public Charity. The organization reported $52.2M in revenue, $51.7M in expenses, $13.6M in total assets for fiscal year 2024. Imperigo tracks 7 reported grants from this foundation totaling approximately $1.9M.

EIN: 223183035 INWOOD, NY Senior Centers NTEE: P81 Latest filing: 2024
Total Revenue$52.2M
Total Expenses$51.7M
Total Assets$13.6M
Grants Given7
Grant Total$1.9M
Filing Years2019–2024

Mission

TO OPERATE A LICENSED HOME HEALTHCARE SERVICE AND A RESIDENTIAL ADULT CARE FACILITY FOR THE ELDERLY.

Where $100 goes at Foundation for the Elderly

How Foundation for the Elderly divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$91
The foundation is a licensed home care provider
100% of program spending
<$1
The foundation operates a residential adult care facility for the indigent elderly
0% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

ZICHRON SHLOMO
BROOKLYN, NY · 2024
ASSISTANCE TO THE NEEDY
$390,000
ZICHRON SHLOMO
BROOKLYN, NY · 2023
ASSISTANCE TO THE NEEDY
$360,000
ZICHRON SHLOMO
BROOKLYN, NY · 2022
ASSISTANCE TO THE NEEDY
$240,000
ZICHRON SHLOMO
BROOKLYN, NY · 2020
ASSISTANCE TO THE NEEDY
$225,000
ZICHRON SHLOMO
BROOKLYN, NY · 2019
ASSISTANCE TO THE NEEDY
$225,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

Director-Financ Abraham Fisch
Director Benzion Reinhold
Executive Dir. Maurice Meisels
DIR. PATIENT SERV. Maxine Fried
Director Menachem Einhorn
Director Moshe Steinberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$1,895,000 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $52.2M $51.7M $13.6M
2023 $45.1M $45.9M $11.2M
2022 $38.2M $37.9M $11.0M
2020 $36.3M $35.6M $9.9M
2019 $28.2M $28.7M $8.3M

Between 2019 and 2024, reported annual revenue grew from $28.2M to $52.2M (+85%), with total assets most recently reported at $13.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

NY

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for FOUNDATION FOR THE ELDERLY

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