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The Kranzberg Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204920260 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is The Kranzberg Foundation?

The Kranzberg Foundation, situated in St. Louis, Missouri, is a nonprofit organization with a primary mission to support the functions and activities of the Jewish Federation in the St. Louis region. This support may encompass various initiatives and projects aimed at enhancing the Jewish community in the area. While the specific activities and programs the foundation undertakes are not explicitly stated, it is clear that their mission is centered around fostering and strengthening the Jewish Federation's operations in their local region.


Official website here: www.jewishinstlouis.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97% (Four-Star out of Four Star rating)

The Kranzberg Foundation has achieved a high rating of 97%, indicating strong performance in accountability and finance. This rating reflects a commitment to transparency and responsible financial management, with a particular emphasis on the foundation's accountability metrics. The foundation has consistently demonstrated solid governance practices, including having a majority of independent board members and maintaining a whistleblower policy.

The foundation's strengths include its excellent financial health, with 92.11% of its expenses allocated to program services. Additionally, the foundation has robust policies in place for conflict of interest, document retention, and board meeting minutes, which further enhance its credibility and operational integrity. The absence of any material diversion of assets also highlights its commitment to ethical practices.

While the foundation excels in various metrics, users may want to consider any specific programs or initiatives it supports to fully assess its impact. Overall, The Kranzberg Foundation stands out as a well-managed nonprofit, prioritizing transparency and effective use of funds.


This AI summary has been generated from information found on Charity Navigator.

Is The Kranzberg Foundation legitimate?

The Kranzberg Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kranzberg Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.jewishinstlouis.org

What is the mission statement of The Kranzberg Foundation?

The Kranzberg Foundation's mission is centered around supporting the functions and activities of the Jewish Federation in a specific region. In essence, the foundation serves to bolster the initiatives and operations of this particular Jewish Federation, contributing to its overall objectives and goals. By doing so, the Kranzberg Foundation plays a significant role in fostering the Jewish community's growth and development in this region.


Official website here: www.jewishinstlouis.org

Who is the CEO of The Kranzberg Foundation?

Brian Herstig is the Director of The Kranzberg Foundation.


Official website here: www.jewishinstlouis.org

What is the revenue of The Kranzberg Foundation?

The Kranzberg Foundation's revenue in 2022 was $114,226.


Official website here: www.jewishinstlouis.org

Who are the executives of The Kranzberg Foundation and what are their salaries?

There 6 volunteers at The Kranzberg Foundation.


Here are 7 key members and their salaries:


Brian Herstig (Director)
  • Compensation: $0
  • Related: $291,097
  • Other: $29,807
Andrew Srenco (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Srenco (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Kranzberg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Litwack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mont Levy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Goldstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jewishinstlouis.org

Where can I find the form 990 for The Kranzberg Foundation?

The Kranzberg Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jewishinstlouis.org

Learn more at the official website: www.jewishinstlouis.org

Mission Statement of The Kranzberg Foundation

The Kranzberg Foundation is committed to supporting the functions and activities of the Jewish Federation in the St. Louis region. This mission is aimed at enhancing the Jewish community's well-being by providing resources and assistance to various initiatives and programs under the umbrella of the Jewish Federation. The Foundation's role is instrumental in strengthening the Jewish identity and fostering a sense of unity and cooperation within the community. By supporting the Jewish Federation, The Kranzberg Foundation contributes to the overall development and growth of the Jewish community in St. Louis, ensuring its continued vitality and relevance in the region.

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Impact




October, 2024

The Kranzberg Foundation significantly enhances the Jewish community in the St. Louis region by supporting the functions and activities of the Jewish Federation. By providing essential funding and resources, it plays a crucial role in promoting cultural, educational, and social initiatives that strengthen Jewish identity and community ties. Its impact is felt not only through direct support for community programs but also by fostering collaboration among local organizations, ensuring that the needs of the Jewish population are met effectively. The foundation's commitment to philanthropy empowers various initiatives that enrich the lives of individuals and families, creating a vibrant and supportive environment for all members of the community.




This information is meant to be a general summary of The Kranzberg Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$114,226 (2022)
Expenses
$80,779 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,226
  • Gross Receipts: $114,226

Assets and Liabilities:

  • Total Assets: $528,527
  • Total Liabilities: $81,000
  • Net Assets: $447,527

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Organization Details

Founding Year

2006

Principal Officer

Brian Herstig

Main Address

12 MILLSTONE CAMPUS DRIVE, ST LOUIS, MO, 631465776

NTEE Category

Code: T30 - Philanthropy

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