Nonprofits/Organizations/13-3801851
Active
501(c)(3)
Q113
Form 990-EZ

Sidney & Miriam Loewy Friend Foundation

DBA: THE SIDNEY AND MIRIAM LOEWY FRIEND

EIN 13-3801851NEW YORK, NY 100221302WebsiteIRS Tax Year 2022 · Period ending June 30, 2023
Mission Statement

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

IRS Tax Year 2022

Period ending June 30, 2023

Tax years 2023, 2024 filings not yet available. This is the most recent filing on record.

Total Revenue

$57K

+258081.8%YoY

Total Expenses

$130

0%YoY

Net Assets

$279K

+25.5%YoY

Employees

This nonprofit profile presents IRS Form 990-EZ tax filing data for Sidney & Miriam Loewy Friend Foundation (EIN: 13-3801851), based on the 2022 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2022

Financial Health

Revenue grew +258081.8% to $57K
25726.4 months of operating reserves — strong cushion
Expenses decreased 0% year-over-year

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements not audited

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
No programs generate independent revenue

Financial Stability

Debt-to-asset ratio of 0.0% — low leverage
25726.4 months cash runway — well positioned
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Sidney & Miriam Loewy Friend Foundation is a 501(c)(3) nonprofit headquartered in NEW YORK, NY. The organization has held tax-exempt status since 1996. In its 2022 filing, the organization reported $57K in total revenue, a 258081.8% increase from the prior year, and $130 in total expenses. 0 of 6 recommended governance policies are in place.

Sidney & Miriam Loewy Friend Foundation is classified under NTEE code Q113. Its foundation type is 17.

Programs(Tax Year 2022)

1 record

Programs Overview

Sidney & Miriam Loewy Friend Foundation operates 1 program.

1
Program 1Expenses: $0

NONE

Financial Overview(Tax Years 2020–2022)

3 records

Financial Highlights

Over the past 3 years, Sidney & Miriam Loewy Friend Foundation's revenue has declined from $180K to $57K, a 68.4% decrease.

Revenue increased 258081.8% year-over-year, while net assets rose to $279K, up 25.5% from the prior year.

Sidney & Miriam Loewy Friend Foundation derives 99% from contributions and grants, with 1% from investment income.

Revenue is heavily concentrated: 99% comes from contributions and grants, indicating limited diversification.

Revenue grew by 258081.8% while expenses held steady by only 0.0%, suggesting improving operational efficiency.

Over 3 filings from 2020–2022, Sidney & Miriam Loewy Friend Foundation declined revenue from $180K to $57K (-68.4%).

Sidney & Miriam Loewy Friend Foundation holds $279K in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 1000.0 months of operating reserves. Cash and equivalents of $279K cover approximately 25726.4 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2022$57K$56K$0$0$800
2021$22$0$0$0$22
2020$180K$180K$0$0$13

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2022$130$0$0$0$0
2021$130$0$0$0$0
2020$105$0$0$0$0

People & Compensation(Tax Year 2022)

3 records

Compensation Summary

Sidney & Miriam Loewy Friend Foundation reported compensation for 3 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
STANLEY BAUMBLATTSECRETARY/TREASURER/TRUSTEE
$0$0$0
NAOMI KRONISHTRUSTEE
$0$0$0
DEBORAH LANETRUSTEE
$0$0$0

Governance & Compliance(Tax Year 2022)

Governance Snapshot

Sidney & Miriam Loewy Friend Foundation has 0 of 6 recommended governance policies in place.

Sidney & Miriam Loewy Friend Foundation does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1996–2022)

3 records

Showing the 3 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2022
990-EZ
2022-07-01 – 2023-06-30$57K$130$279K
2021
990-EZ
2021-07-01 – 2022-06-30$22$130$222K
2020
990-EZ
2020-07-01 – 2021-06-30$180K$105$222K
1996–2019No filings acquired yet

Frequently Asked Questions

What does Sidney & Miriam Loewy Friend Foundation do?

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

How much revenue does Sidney & Miriam Loewy Friend Foundation have?

Sidney & Miriam Loewy Friend Foundation reported $56,800 in total revenue for tax year 2022, up 258081.8% from the prior year.

Who is the highest-paid executive at Sidney & Miriam Loewy Friend Foundation?

STANLEY BAUMBLATT, SECRETARY/TREASURER/TRUSTEE, received $0 in total compensation as of tax year 2022.

Is Sidney & Miriam Loewy Friend Foundation a 501(c)(3)?

Yes, Sidney & Miriam Loewy Friend Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Sidney & Miriam Loewy Friend Foundation located?

Sidney & Miriam Loewy Friend Foundation is headquartered in NEW YORK, NY 100221302.

Is Sidney & Miriam Loewy Friend Foundation audited?

No, Sidney & Miriam Loewy Friend Foundation does not currently have audited financial statements.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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