Overview
What is Raymond & Gertrude R Saltzman Foundation?
The Raymond & Gertrude R Saltzman Foundation is a charitable organization based in Cherry Hill, New Jersey. Established with a mission to support charitable, educational, and religious purposes, it operates as a supporting organization to the Jewish Federation of Southern New Jersey. The foundation adheres to its purpose by distributing charitable grants in accordance with its guidelines, upholding the wishes of Ruth Saltzman. The objective of the foundation is to help beneficiaries while preserving and potentially increasing its assets, ensuring the continuity of its generous legacy for future generations. The foundation currently employs a team of three individuals.
Is Raymond & Gertrude R Saltzman Foundation legitimate?
Raymond & Gertrude R Saltzman Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raymond & Gertrude R Saltzman 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: $125,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,620
For more financial information, click here
What is the mission statement of Raymond & Gertrude R Saltzman Foundation?
The Raymond & Gertrude R Saltzman Foundation, established to uphold Ruth Saltzman's wishes, provides charitable grants in line with its mission and guidelines. The foundation's primary objective is to assist qualifying recipients, with the aim of preserving and ideally growing its assets for future generations to benefit from Mrs. Saltzman's generosity in perpetuity. The foundation encourages members of the community to establish similar foundations, supporting the mission of a larger organization, in this case, the Jewish Federation of Southern New Jersey.
Who is the CEO of Raymond & Gertrude R Saltzman Foundation?
Arthur Abramowitz is the President of Raymond & Gertrude R Saltzman Foundation.
What is the revenue of Raymond & Gertrude R Saltzman Foundation?
Raymond & Gertrude R Saltzman Foundation's revenue in 2022 was $3,580,029.
Who are the executives of Raymond & Gertrude R Saltzman Foundation and what are their salaries?
The average compensation at Raymond & Gertrude R Saltzman Foundation during 2022 was $56,207. There are 3 employees and 12 volunteers at Raymond & Gertrude R Saltzman Foundation.
Here are 10 key members and their salaries:
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- Compensation: $125,000
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- Other: $3,941
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- Other: $0
Where can I find the form 990 for Raymond & Gertrude R Saltzman Foundation?
Raymond & Gertrude R Saltzman Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Raymond & Gertrude R Saltzman Foundation
The Raymond & Gertrude R Saltzman Foundation, a supporting organization of the Jewish Federation of Southern New Jersey, is established with a mission to provide charitable grants in line with its guidelines. This foundation was set up to honor the wishes of Ruth Saltzman, with the aim of helping qualified recipients. The foundation's primary goal is to preserve and, ideally, grow its assets, ensuring that future generations can continue to benefit from Mrs. Saltzman's generosity, in perpetuity. Moreover, the foundation encourages members of the community to establish similar foundations, supporting the Federation's mission. The Raymond & Gertrude R Saltzman Foundation's mission is to distribute funds and contribute to the betterment of society, following Mrs. Saltzman's philanthropic legacy.
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Impact
October, 2024
The Raymond & Gertrude R. Saltzman Foundation significantly impacts the community by providing charitable grants that support educational and religious purposes aligned with its mission. By serving as a supporting organization to the Jewish Federation of Southern New Jersey, the foundation funds various initiatives that benefit qualifying recipients, thereby fostering growth and development within the community. Additionally, it aims to preserve and ideally grow its assets, ensuring that future generations can also benefit from the philanthropy initiated by Ruth Saltzman. This commitment to ongoing support not only enhances community programs but also encourages local individuals to establish similar foundations, thereby amplifying the foundation's positive influence in the region.
This information is meant to be a general summary of Raymond & Gertrude R Saltzman 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,579,954
- Gross Receipts: $10,634,567
Assets and Liabilities:
- Total Assets: $95,963,009
- Total Liabilities: $831,336
- Net Assets: $95,131,673
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Organization Details
Founding Year
1978
Phone
(856) 424-6226Principal Officer
Arthur Abramowitz
Main Address
1930 EAST MARLTON PIKE N71, CHERRY HILL, NJ, 08003
NTEE Category
Code: T900 - Philanthropy
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