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German Masonic Charitable Foundation Inc. is a private corporation based in WHITESTONE, NY. The foundation received its IRS ruling in 1944. The principal officer is Richard A Katz. It holds total assets of $25.3M. Annual income is reported at $5.5M. The foundation is governed by 8 officers and trustees. To further and promote educational, social and charitable purposes for both the masonic and non-masonic communities and to provide support and improve the quality of life, health and independence of the aged and aging. 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, German Masonic Charitable Foundation Inc. has made 3 grants totaling $2.1M, with a median grant of $946K. The foundation has distributed between $946K and $1.1M annually from 2021 to 2022. Individual grants have ranged from $7K to $1.1M, with an average award of $686K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
To further and promote educational, social and charitable purposes for both the masonic and non-masonic communities and to provide support and improve the quality of life, health and independence of the aged and aging.
Expenses: $946K
To further and promote educational, social and charitable purposes for both the masonic and non-masonic communities and to provide support and improve the quality of life, health and independence of the aged and aging. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
German Masonic Charitable Foundation Inc. has distributed a total of $2.1M across 3 grants. The median grant size is $946K, with an average of $686K. Individual grants have ranged from $7K to $1.1M.
German Masonic Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
German Masonic Charitable Foundation Inc. is headquartered in WHITESTONE, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jorge Vasco | Trustee | $0 | $0 | N/A |
| Douglas Spadaro | Trustee | $0 | $0 | N/A |
| Stanley Pratnicki | Treasurer | $0 | $0 | N/A |
| Lawrence Wund | Secretary | $0 | $0 | N/A |
| Kevin Koeberl | President | $0 | $0 | N/A |
| Hernan Picolomino | Trustee | $0 | $0 | N/A |
| Jack Rohan | Trustee | $0 | $0 | N/A |
| Joseph Becker | Trustee | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$21.4M
Fair Market Value
$23.1M
Net Worth
$21.4M
Grants Paid
$990K
Contributions
N/A
Net Investment Income
$504K
Distribution Amount
$960K
Total: $19.7M
Total Grants
3
Total Giving
$2.1M
Average Grant
$686K
Median Grant
$946K
Unique Recipients
2
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Donor Advised FundTO PROVIDE SUPPORT AND IMPROVE THE QUALITY OF LIFE, HEALTH AND INDEPENDENCE OF THE AGED AND AGING. | New York, NY | $1.1M | 2022 |
| Various Organized CharitiesTO FURTHER AND PROMOTE EDUCATIONAL, SOCIAL AND CHARITABLE PURPOSES FOR BOTH THE MASONIC AND NON-MASONIC COMMUNITIES. | Whitstone, NY | $7K | 2022 |