Overview

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Est.

1992

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Foundation for the Elderly is a nonprofit organization dedicated to providing senior services and health support through its licensed home healthcare service and residential adult care facility. With an operating budget of $51.3 million and total revenue of $52.2 million for the 2024 filing year, the organization plays a significant role in the care of the elderly. The Foundation does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission.

Mission Statement

TO OPERATE A LICENSED HOME HEALTHCARE SERVICE AND A RESIDENTIAL ADULT CARE FACILITY FOR THE ELDERLY.
Revenues
$52.2M
Expenses
$51.7M
Net Income:
+$468.5K
Assets
$13.6M
Liabilities
$13.7M
Net Assets:
-$108.9K
Operating Budget
$51.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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M
Maurice Meisels
Board Member
A
Abraham Fisch
Board Member
M
Moshe Steinberg
Board Member

Frequently Asked Questions

What is FOUNDATION FOR THE ELDERLY’s budget?
In 2024, FOUNDATION FOR THE ELDERLY reported an annual operating budget of around $51.3 million. More detailed financial information is available to registered users.
What causes does FOUNDATION FOR THE ELDERLY support?
FOUNDATION FOR THE ELDERLY supports work in Health and Senior services.
Where does FOUNDATION FOR THE ELDERLY operate?
FOUNDATION FOR THE ELDERLY is headquartered in Inwood, NY.