Civic Intelligence

The Proskauer Rose Charitable Foundation

990 • Fiscal year 2023 • EIN 20-3435845

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 15, 2024

Eleven Times SquareNew York, NY 10036

(212) 969-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE M • <$500k nonprofits • Source year 2023

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • NTEE M • <$500k nonprofits • Source year 2023

Net Margin

78th percentile

50%

Higher net margin than 78% of similar nonprofits.

2023 filings • NTEE M20 • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • NTEE M20 • <$500k nonprofits • Source year 2023

Asset Growth

93rd percentile

57%

Faster asset growth than 93% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

74th percentile

31%

Faster revenue growth than 74% of similar nonprofits.

2023 filings • NTEE M • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Flat

$367,349

Flat from 2023

Net Assets

Flat

$367,349

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Flat

$266,863

Flat from 2023

Expenses

Flat

$133,802

Flat from 2023

Net Income

Flat

$133,061

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2010: $838Liabilities 2010: $0Net Assets 2010: $8382010Assets 2011: $607Liabilities 2011: $0Net Assets 2011: $6072011Assets 2012: $14,076Liabilities 2012: $0Net Assets 2012: $14,0762012Assets 2013: $3,185Liabilities 2013: $0Net Assets 2013: $3,1852013Assets 2014: $2,808Liabilities 2014: $0Net Assets 2014: $2,8082014Assets 2015: $2,744Liabilities 2015: $0Net Assets 2015: $2,7442015Assets 2016: $2,315Liabilities 2016: $0Net Assets 2016: $2,3152016Assets 2017: $2,316Liabilities 2017: $0Net Assets 2017: $2,3162017Assets 2018: $2,317Liabilities 2018: $0Net Assets 2018: $2,3172018Assets 2019: $71,118Liabilities 2019: $0Net Assets 2019: $71,1182019Assets 2020: $55,390Liabilities 2020: $0Net Assets 2020: $55,3902020Assets 2021: $55,088Liabilities 2021: $0Net Assets 2021: $55,0882021Assets 2022: $234,288Liabilities 2022: $0Net Assets 2022: $234,2882022Assets 2023: $367,349Liabilities 2023: $0Net Assets 2023: $367,3492023Assets 2023: $367,349Liabilities 2023: $0Net Assets 2023: $367,3492023Assets 2024: $234,602Liabilities 2024: $0Net Assets 2024: $234,6022024

Highlighted filing

2023

Assets$367,349
Liabilities$0
Net Assets$367,349

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100K-$200KRevenue 2010: $73,769Expenses 2010: $75,002Net Income 2010: -$1,2332010Expenses 2011: $2312011Revenue 2012: $39,065Expenses 2012: $25,596Net Income 2012: $13,4692012Revenue 2013: $4,001Expenses 2013: $14,892Net Income 2013: -$10,8912013Revenue 2014: $1Expenses 2014: $378Net Income 2014: -$3772014Revenue 2015: $1Expenses 2015: $65Net Income 2015: -$642015Revenue 2016: $1Expenses 2016: $430Net Income 2016: -$4292016Revenue 2017: $1Expenses 2017: $0Net Income 2017: $12017Revenue 2018: $1Expenses 2018: $0Net Income 2018: $12018Revenue 2019: $116,106Expenses 2019: $47,305Net Income 2019: $68,8012019Revenue 2020: $126,003Expenses 2020: $141,731Net Income 2020: -$15,7282020Revenue 2021: $89,311Expenses 2021: $89,613Net Income 2021: -$3022021Revenue 2022: $203,981Expenses 2022: $24,781Net Income 2022: $179,2002022Revenue 2023: $266,863Expenses 2023: $133,802Net Income 2023: $133,0612023Revenue 2023: $266,863Expenses 2023: $133,802Net Income 2023: $133,0612023Revenue 2024: $55,445Expenses 2024: $188,192Net Income 2024: -$132,7472024

Highlighted filing

2023

Revenue$266,863
Expenses$133,802
Net Income$133,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 15, 2024
Return Version
2023v5.1
Gross Receipts
$266,863
Mission and Program Overview

Mission

Make grants to section 501(c)(3) organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$234,288$367,349▲ $133,061
Total Assets$234,288$367,349▲ $133,061
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$234,288$358,274▲ $123,986
Net Assets With Donor Restrictions-$9,075-
Total Net Assets Fund Balance$234,288$367,349▲ $133,061
Total Liabilities and Net Assets / Fund Balance$234,288$367,349▲ $133,061
Compensation and Service Providers

Board Members and Trustees

NameTitle
Daryn GrossmanDirector & President
David MillerDirector
William C SilvermanDirector
Jean BertrandSecretary
Svetlana FershtTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$266,863
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$266,863
Change in Net Assets
$133,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$128,216
Other Expenses$5,586
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$128,216--$128,216
Other Expenses-$234-$234
Total Functional Expenses$128,216$5,586$0$133,802
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Friends of Magen David AdomNew York, NY501(c)(3)Humanitary Relief Efforts.$64,870
Uja-federation of New YorkNew York, NY501(c)(3)Humanitary Relief Efforts.$21,545
Friends of United HatzalahNew York, NY501(c)(3)Humanitary Relief Efforts.$11,442
Doctors Without BordersNew York, NY501(c)(3)Humanitary Relief Efforts.$11,020
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The members of the foundation have the right to appoint and remove the directors.

Form 990, Part VI, Section A, Line 7B

The members of the foundation have the right to appoint and remove the directors.

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body. The organization's governing body contemporaneously documents meetings of the governing body.

Form 990, Part VI, Section B, Line 11B

The form 990 is reviewed and approved by the authorized officials prior to filing with the irs.

Form 990, Part VI, Section B, Line 12C

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.

Form 990, Part VI, Section C, Line 18

The organization's governing documents, form 990, form 1023, and financial statements are available upon request.

Form 990, Part VI, Section C, Line 19

The organization's governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
The Proskauer Rose Charitable Foundation
EIN
20-3435845
Phone
2129693000
Address
ELEVEN TIMES SQUARE, NEW YORK, NY 10036

Signing Officer

Name
Svetlana Fersht
Title
Treasurer
Phone
2129693000
Signed
2024-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daryn Grossman
Formed
2005
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

FORM 990. PART XII, LINE 1:

The organization changed its accounting method of accounting from cash to accrual to more clearly reflect the recording of operations.

FORM 990. PART XII, LINE 2C:

The process has not changed from prior year.

Raw XML Appendix360 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1HUMANITARY RELIEF EFFORTS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2HUMANITARY RELIEF EFFORTS.
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3HUMANITARY RELIEF EFFORTS.
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA AND ARE APPROVED BY THE BOARD COMMITTEE THAT OVERSEES ALL RECIPIENTS OF GRANTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt04
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO APPOINT AND REMOVE THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE MEMBERS OF THE FOUNDATION HAVE THE RIGHT TO APPOINT AND REMOVE THE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE ORGANIZATION'S GOVERNING BODY CONTEMPORANEOUSLY DOCUMENTS MEETINGS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS REVIEWED AND APPROVED BY THE AUTHORIZED OFFICIALS PRIOR TO FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S GOVERNING DOCUMENTS, FORM 990, FORM 1023, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION CHANGED ITS ACCOUNTING METHOD OF ACCOUNTING FROM CASH TO ACCRUAL TO MORE CLEARLY REFLECT THE RECORDING OF OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990. PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990. PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1FL
IRS990/StatesWhereCopyOfReturnIsFldCd2IL
IRS990/StatesWhereCopyOfReturnIsFldCd3MA
IRS990/StatesWhereCopyOfReturnIsFldCd4NJ
IRS990/StatesWhereCopyOfReturnIsFldCd5NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0234288
IRS990/TotalAssetsEOYAmt0367349
IRS990/TotalAssetsGrp/BOYAmt0234288
IRS990/TotalAssetsGrp/EOYAmt0367349
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0266863
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05586
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0128216
IRS990/TotalFunctionalExpensesGrp/TotalAmt0133802
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0234288
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0367349
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0128216
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266863
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0234288
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0367349
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0ELEVEN TIMES SQUARE
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010036
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SVETLANA FERSHT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02129693000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE PROSKAUER ROSE CHARITABLE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0PROS
ReturnHeader/Filer/EIN0203435845
ReturnHeader/Filer/PhoneNum02129693000
ReturnHeader/Filer/USAddress/AddressLine1Txt0ELEVEN TIMES SQUARE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133597814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKODY SCOT & CO CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 EIGHTH AVE SUITE 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02024-10-15T10:13:37-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.35$0.00$2.35$0.55$1.88$1.33
2023Detailed filing. Detailed filing data is available for this year.$3.67$0.00$3.67$2.67$1.34$1.33
2023Summary only. Only limited summary data is available for this year.$3.67$0.00$3.67$2.67$1.34$1.33
2022Summary only. Only limited summary data is available for this year.$2.34$0.00$2.34$2.04$0.25$1.79
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$0.89$0.90$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.00$0.55$1.26$1.42$0.16
2019Detailed filing. Detailed filing data is available for this year.$0.71$0.00$0.71$1.16$0.47$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.00$0.00$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.00$0.02$0.00$0.00$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.00$0.00$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.04$0.15$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.00$0.14$0.39$0.26$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.00$0.01$0.74$0.75$0.01