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Also known as: (FKA MASADA FDN)
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Armadas Foundation is a private corporation based in FLUSHING, NY. The foundation received its IRS ruling in 2002. The principal officer is R Kirschner. It holds total assets of $63.5M. Annual income is reported at $771K. Total assets have grown from $120K in 2010 to $60.7M in 2022. The foundation is governed by 3 officers and trustees. Grants paid and operating costs. No other charitable activites. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Armadas Foundation has made 1 grants totaling $2.7M, with a median grant of $2.7M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Grants paid and operating costs, if any. No other charitable activites
Grants paid and operating costs. No other charitable activites. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in NY.
Armadas Foundation has distributed a total of $2.7M across 1 grants. The median grant size is $2.7M, with an average of $2.7M. Individual grants have ranged from $2.7M to $2.7M.
Armadas Foundation typically selects its grantees rather than accepting unsolicited proposals.
Armadas Foundation is headquartered in FLUSHING, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachelle Kirschner | TREASURER/DIRECTOR | $0 | $0 | N/A |
| Stanley Fleishman | SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Richard Kirschner | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$2.9M
Total Assets
$60.7M
Fair Market Value
$60.7M
Net Worth
$60.7M
Grants Paid
$2.7M
Contributions
$2M
Net Investment Income
$2.5M
Distribution Amount
$2.9M
Total Grants
1
Total Giving
$2.7M
Average Grant
$2.7M
Median Grant
$2.7M
Unique Recipients
1
Most Common Grant
$2.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Goldman Sachs Philanthropy FundGENERAL CHARITABLE | Albany, NY | $2.7M | 2023 |