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Nonprofits/Organizations/13-5562971
Active
501(c)(3)
Form 990

The Baron DE Hirsch Fund

EIN 13-5562971NEW YORK, NY 100221302Founded 1891WebsiteIRS Tax Year 2023 · Period ending June 30, 2024
Mission Statement

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

IRS Tax Year 2023

Period ending June 30, 2024

Tax year 2024 filing not yet available. This is the most recent filing on record.

Total Revenue

$2K

+10.6%YoY

Total Expenses

$97K

-87.7%YoY

Net Assets

$3.9M

+5.5%YoY

Employees

0

Grants Paid

$60K

Program Expense Ratio

61.7%

This nonprofit profile presents IRS Form 990 tax filing data for The Baron DE Hirsch Fund (EIN: 13-5562971), based on the 2023 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, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2023

Financial Health

Revenue grew +10.6% to $2K
Program spending ratio of 61.7% — below average
476.9 months of operating reserves — strong cushion
Expenses decreased -87.7% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
9-member board, 7 independent

Compensation

Top compensation: $240,020 (SECRETARY/TREASURER/TRUSTE)
Top exec pay is 246.8% of total expenses — elevated
Schedule J filed for 1 individual — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
61.7% of spending goes to programs
No programs generate independent revenue
$60K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 1.6% — low leverage
0.0 months cash runway — tight liquidity
Revenue diversification: concentrated in few sources
Net assets declining 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

The Baron DE Hirsch Fund is a 501(c)(3) nonprofit headquartered in NEW YORK, NY, founded in 1891. The organization has held tax-exempt status since 2017. In its 2023 filing, the organization reported $2K in total revenue, a 10.6% increase from the prior year, and $97K in total expenses. STANLEY BAUMBLATT, SECRETARY/TREASURER/TRUSTE, is the highest-compensated individual at $240,020. The organization runs 1 program, totaling $60K in program expenses. 5 of 6 recommended governance policies are in place.

Programs(Tax Year 2023)

1 record

Programs Overview

The Baron DE Hirsch Fund operates 1 program, with total program expenses of $60K. The Baron DE Hirsch Fund's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $60,000

GRANTS ARE MADE TO OTHER TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF UJA-FEDERATION OF NEW YORK'S CHARITABLE PURPOSES.

Financial Overview(Tax Years 2020–2023)

4 records

Financial Highlights

Over the past 4 years, The Baron DE Hirsch Fund's revenue has declined from $419K to $2K, a 99.4% decrease. Program expenses represent 62% of total spending.

Revenue increased 10.6% year-over-year, while expenses declined 87.7%. net assets rose to $3.9M, up 5.5% from the prior year.

The Baron DE Hirsch Fund derives 100% from investment income.

The Baron DE Hirsch Fund allocates 62% to programs, 38% to management and general.

Revenue grew by 10.6% while expenses declined by only 87.7%, suggesting improving operational efficiency.

The Baron DE Hirsch Fund distributed $60K in grants to other organizations and individuals, representing 62% of total expenses.

Over 4 filings from 2020–2023, The Baron DE Hirsch Fund declined revenue from $419K to $2K (-99.4%) while maintaining a program expense ratio of 62%.

The Baron DE Hirsch Fund holds $3.9M in total assets against $65K in liabilities (debt-to-asset ratio of 2%). The organization has 476.9 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2023$2K$0$0$0$2K
2022$2K$0$0$0$2K
2021$270K$0$0$0$270K
2020$419K$0$0$0$419K

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2023$97K$60K$37K$0$60K
2022$792K$745K$47K$0$745K
2021$488K$420K$68K$0$420K
2020$434K$355K$79K$0$355K

Program Expense Ratio

61.7%

Admin Expense Ratio

38.3%

Fundraising Efficiency

—

Operating Reserve

476.9 mo

People & Compensation(Tax Year 2023)

9 records

Compensation Summary

The Baron DE Hirsch Fund reported compensation for 9 officers and key employees. Total officer compensation was $358K, representing 368.1% of total expenses.

The Baron DE Hirsch Fund's highest-compensated individual received $240K in total compensation. Total officer compensation of $358K represents 368.1% of total expenses.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
STANLEY BAUMBLATTSECRETARY/TREASURER/TRUSTE
OfficerDirector
1.00$0$193,560$240,020
REBECCA KATZ-WHITETRUSTEE
Director
1.00$0$112,330$117,896
LINDA GERSTELTRUSTEE
Director
—$0$0$0
GARY GORDONTRUSTEE
Director
—$0$0$0
EVELYN B KENVINTRUSTEE
Director
—$0$0$0
RONI RUBENSTEINTRUSTEE
Director
—$0$0$0
MICHAEL P LUSTIGPRESIDENT/TRUSTEE
OfficerDirector
—$0$0$0
MARC K SUVALLTRUSTEE
Director
—$0$0$0
STEVEN J FREDMANTRUSTEE
Director
—$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

STANLEY BAUMBLATT

Base Salary

—

Bonus

—

Other Reportable

—

Retirement/Deferred

—

Nontaxable Benefits

—

Governance & Compliance(Tax Year 2023)

Governance Snapshot

The Baron DE Hirsch Fund has 5 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 9 members, 7 of whom are independent.

The Baron DE Hirsch Fund's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members9
Independent members7

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Grants Awarded(Tax Year 2023)

1 record

Grantmaking Summary

The Baron DE Hirsch Fund awarded $60K across 1 grant to organizations. Top recipients include JEWISH FEDERATIONS OF NORTH AMERICA (NEW YORK, NY) — $60K for for general charitable purposes.

Organization Grants

RecipientLocationAmountPurpose
JEWISH FEDERATIONS OF NORTH AMERICA131624240NEW YORK, NY$60KFOR GENERAL CHARITABLE PURPOSES

Filing History(Tax Years 2017–2023)

4 records

Showing the 4 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2023
990
2023-07-01 – 2024-06-30$2K$97K$3.9M
2022
990
2022-07-01 – 2023-06-30$2K$792K$3.7M
2021
990
2021-07-01 – 2022-06-30$270K$488K$4.2M
2020
990
2020-07-01 – 2021-06-30$419K$434K$5.0M
2017–2019No filings acquired yet

Frequently Asked Questions

What does The Baron DE Hirsch Fund do?

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

How much revenue does The Baron DE Hirsch Fund have?

The Baron DE Hirsch Fund reported $2,435 in total revenue for tax year 2023, up 10.6% from the prior year.

Who is the highest-paid executive at The Baron DE Hirsch Fund?

STANLEY BAUMBLATT, SECRETARY/TREASURER/TRUSTE, received $240,020 in total compensation as of tax year 2023.

Is The Baron DE Hirsch Fund a 501(c)(3)?

Yes, The Baron DE Hirsch Fund is classified as a 501(c)(3) tax-exempt organization.

Where is The Baron DE Hirsch Fund located?

The Baron DE Hirsch Fund is headquartered in NEW YORK, NY 100221302.

Is The Baron DE Hirsch Fund audited?

Yes, The Baron DE Hirsch Fund's financial statements are audited, and the organization has an audit committee.

Does The Baron DE Hirsch Fund give grants?

Yes, The Baron DE Hirsch Fund distributed $60,000 in grants to other organizations and individuals in tax year 2023. Top recipients include JEWISH FEDERATIONS OF NORTH AMERICA.

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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