G Harold And Leila Mathers Charitable Foundation

Mount Kisco, NY
Tax-exempt since July 1975
EIN: 23-7441901

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$23.5M (2023)

Expenses

$16.3M (2023)

Total Assets

$99.9M (2023)

Total Liabilities

$18.9M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$23,491,261

Expenses

$16,295,854

Net Income

$7,195,407

Net Assets

$81,006,563

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$7,979,328	34.0%
Sales of Assets	$10,120,545	43.1%
Other Income	$5,391,388	23.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,624,210	> 100%
Compensation of Officers*	$935,000	5.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$99,932,556
Total Liabilities	$18,925,993
Net Assets	$81,006,563

Compensation

Key Employees and Officers	Compensation	Other
Howard Chester (Director/Executive Director)	$475,000	$26,400
Zachary Handelman (Treasurer/Vp/Dir Of Operations)	$220,000	$16,800
David Boyle (Sec/Dir)	$50,000	$0
Richard Handelman (Pres/Dir)	$50,000	$0
Judy Herman (Director)	$50,000	$0
Peter Gottlieb (Director)	$50,000	$0
Donald Handlemen (Director)	$40,000	$0

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990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$20,904,966

Expenses

$23,366,307

Net Income

-$2,461,341

Net Assets

$73,805,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,241	0.0%
Dividends	$7,726,598	37.0%
Sales of Assets	$5,764,901	27.6%
Other Income	$7,410,226	35.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$18,303,915	78.3%
Compensation of Officers*	$880,000	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,422,457
Total Liabilities	$22,616,985
Net Assets	$73,805,472

Compensation

Key Employees and Officers	Compensation	Other
Howard Chester (Director/Executive Director)	$425,000	$23,792
Zachary Handelman (Treasurer/Dir Of Operations)	$205,000	$16,400
Donald E Handelman (Vp)	$50,000	$0
David Boyle (Sec/Dir)	$50,000	$0
Richard Handelman (Pres/Dir)	$50,000	$0
Judy Herman (Director)	$50,000	$0
Peter Gottlieb (Director)	$50,000	$0

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990-PF

Filed on Nov. 15, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$16,941,265

Expenses

$18,422,730

Net Income

-$1,481,465

Net Assets

$76,111,039

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$249	0.0%
Dividends	$7,009,438	41.4%
Sales of Assets	$4,590,886	27.1%
Other Income	$5,340,692	31.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$16,251,360	88.2%
Compensation of Officers*	$340,000	1.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$96,045,942
Total Liabilities	$19,934,903
Net Assets	$76,111,039

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Director)	$360,000	$11,600
Zachary S Handelman (Director Of Operatio)	$195,000	$7,800
Donald E Handelman (Vp/Treas)	$50,000	$0
David Boyle (Sec/Dir)	$50,000	$0
Richard Handelman (Pres/Dir)	$50,000	$0
Judy Herman (Director)	$50,000	$0
Peter Gottlieb (Director)	$50,000	$0
Joseph Handelman (Director)	$40,000	$0
William S Miller (Director)	$40,000	$0
Howard Chester (Director)	$10,000	$0

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990-PF

Filed on Nov. 14, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$15,655,700

Expenses

$16,461,723

Net Income

-$806,023

Net Assets

$86,063,402

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$298	0.0%
Dividends	$6,924,215	44.2%
Sales of Assets	$5,579,610	35.6%
Other Income	$3,151,577	20.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,360,642	81.2%
Compensation of Officers*	$315,000	1.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$97,620,736
Total Liabilities	$11,557,334
Net Assets	$86,063,402

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Director)	$350,008	$22,800
Zachary S Handelman (Director Of Operatio)	$175,000	$14,000
Beverly Cheiken (Associate Director)	$100,000	$8,000
Donald E Handelman (Vp/Treas)	$45,000	$0
David Boyle (Sec/Dir)	$45,000	$0
Richard Handelman (Pres/Dir)	$45,000	$0
Joseph Handelman (Director)	$45,000	$0
Judy Herman (Director)	$45,000	$0
Peter Gottlieb (Director)	$45,000	$0
William S Miller (Director)	$45,000	$0

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990-PF

Filed on Oct. 29, 2021

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Fiscal Year Ending Dec.
2019

Revenue

$14,706,103

Expenses

$17,209,241

Net Income

-$2,503,138

Net Assets

$88,268,487

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$383	0.0%
Dividends	$6,869,613	46.7%
Sales of Assets	$2,716,202	18.5%
Other Income	$5,119,905	34.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,874,372	86.4%
Compensation of Officers*	$350,000	2.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$98,335,924
Total Liabilities	$10,067,437
Net Assets	$88,268,487

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Director)	$340,000	$22,408
Zachary S Handelman (Director Of Operatio)	$160,000	$12,808
Beverly Cheiken (Associate Director)	$147,000	$11,760
Joseph Handelman (Director)	$50,000	$0
Peter Gottlieb (Director)	$50,000	$0
William S Miller (Director)	$50,000	$0
Richard Handelman (Pres/Dir)	$50,000	$0
David Boyle (Sec/Dir)	$50,000	$0
Judy Herman (Director)	$50,000	$0
Donald E Handelman (Director)	$25,000	$0
William Handelman (Vp/Treas/Dir)	$25,000	$0

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990-PF

Filed on Nov. 11, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$15,033,537

Expenses

$16,930,541

Net Income

-$1,897,004

Net Assets

$84,061,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$75,763	0.5%
Dividends	$6,346,598	42.2%
Sales of Assets	$2,986,490	19.9%
Other Income	$5,624,686	37.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,697,814	86.8%
Compensation of Officers*	$133,000	0.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$100,802,161
Total Liabilities	$16,741,058
Net Assets	$84,061,103

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Di)	$325,000	$19,250
Beverly Cheiken (Associate Ed)	$147,000	$5,880
Zachary S Handelman (Director Op)	$145,000	$10,146
Donald E Handelman (Director)	$18,000	$0
William Handelman (Vp/Treas/Dir)	$18,000	$0
Joseph Handelman (Director)	$18,000	$0
William S Miller (Director)	$18,000	$0
Richard Handelman (Pres/Dir)	$18,000	$0
David Boyle (Sec/Director)	$18,000	$0
Judy Herman (Director)	$18,000	$0
Peter Gottlieb (Director)	$7,000	$0

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990-PF

Filed on Aug. 5, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$14,706,713

Expenses

$14,970,441

Net Income

-$263,728

Net Assets

$85,930,980

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$117,389	0.8%
Dividends	$5,835,609	39.7%
Sales of Assets	$4,145,013	28.2%
Other Income	$4,608,702	31.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,645,870	84.5%
Compensation of Officers*	$146,000	1.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$102,675,357
Total Liabilities	$16,744,377
Net Assets	$85,930,980

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Di)	$300,000	$0
Beverly Cheiken (Associate Ed)	$140,016	$0
Zachary S Handelman (Director Op)	$125,000	$0
Donald E Handelman (Treasurer/Di)	$23,000	$0
William Handelman (Vp/Asst Tr/D)	$23,000	$0
Joseph Handelman (Director)	$23,000	$0
Richard Handelman (President/Di)	$23,000	$0
David Boyle (Secretary/Di)	$23,000	$0
William S Miller (Director)	$18,000	$0
Judy Herman (Director)	$7,000	$0
John Young Cahill Gordon & Reindel (Former Direc)	$6,000	$0

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990-PF

Filed on June 27, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$14,868,982

Expenses

$14,806,735

Net Income

$62,247

Net Assets

$82,954,418

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$147,288	1.0%
Dividends	$5,726,606	38.5%
Sales of Assets	$4,935,214	33.2%
Other Income	$4,059,874	27.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,575,033	84.9%
Compensation of Officers*	$156,000	1.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$102,777,645
Total Liabilities	$19,823,227
Net Assets	$82,954,418

Compensation

Key Employees and Officers	Compensation	Other
Howard A Chester Md (Executive Di)	$200,000	$0
Beverly Cheiken (Associate Fd)	$135,837	$0
James Handelman (Executive Di)	$54,167	$0
Donald E Handelman (Pres/Dir)	$23,000	$0
William Handelman (Vp/Asst Tr/D)	$23,000	$0
Joseph Handelman (Asst Secreta)	$23,000	$0
William S Miller (Director)	$23,000	$0
Richard Handelman (Treas/Direct)	$23,000	$0
David Boyle (Director)	$23,000	$0
John Young Cahill Gordon & Reindel (Secretary/Di)	$18,000	$0

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990-PF

Filed on Aug. 16, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$13,560,426

Expenses

$15,117,180

Net Income

-$1,556,754

Net Assets

$80,918,083

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$158,992	1.2%
Dividends	$5,380,147	39.7%
Sales of Assets	$3,004,779	22.2%
Other Income	$5,016,508	37.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,499,062	82.7%
Compensation of Officers*	$446,000	3.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$102,736,932
Total Liabilities	$21,818,849
Net Assets	$80,918,083

Compensation

Key Employees and Officers	Compensation	Other
James Handelman (Executive Di)	$325,000	$0
Beverly Cheiken (Associate Fd)	$141,333	$0
Donald E Handelman (Pres/Dir)	$18,000	$0
William Handelman (Vp/Asst Tr/D)	$18,000	$0
John Young Cahill Gordon & Reindel (Secretary/Di)	$18,000	$0
William S Miller (Director)	$18,000	$0
Richard Handelman (Treasurer)	$18,000	$0
David Boyle (Director)	$18,000	$0
Joseph Handelman (Asst Secreta)	$13,000	$0

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990-PF

Filed on June 15, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$18,530,768

Expenses

$15,860,931

Net Income

$2,669,837

Net Assets

$80,749,354

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$194,112	1.0%
Dividends	$5,151,713	27.8%
Sales of Assets	$2,669,103	14.4%
Other Income	$10,515,840	56.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,560,635	79.2%
Compensation of Officers*	$478,505	3.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$104,293,657
Total Liabilities	$23,544,303
Net Assets	$80,749,354

Compensation

Key Employees and Officers	Compensation	Other
James Handelman (Foundtn Mgr)	$317,505	$0
Beverly Cheiken (Administrati)	$127,254	$0
Donald E Handelman (Pres/Dir)	$23,000	$0
William Handelman (Vp/Asst Tr/D)	$23,000	$0
Joseph Handelman (Asst Secreta)	$23,000	$0
John Young Cahill Gordon & Reindel (Secretary/Di)	$23,000	$0
William S Miller (Director)	$23,000	$0
Richard Handelman (Treasurer)	$23,000	$0
David Boyle (Director)	$23,000	$0

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990-PF

Filed on Aug. 9, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$19,074,811

Expenses

$15,979,055

Net Income

$3,095,756

Net Assets

$91,038,073

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$245,133	1.3%
Dividends	$4,861,899	25.5%
Sales of Assets	$2,011,538	10.5%
Other Income	$11,956,241	62.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,707,081	79.5%
Compensation of Officers*	$417,881	2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$110,378,508
Total Liabilities	$19,340,435
Net Assets	$91,038,073

Compensation

Key Employees and Officers	Compensation	Other
James Handelman (Foundtn Mgr)	$309,881	$0
Beverly Cheiken (Administrati)	$123,789	$0
Donald E Handelman (Pres/Dir)	$18,000	$0
William Handelman (Vp/Asst Tr/D)	$18,000	$0
Joseph Handelman (Asst Secreta)	$18,000	$0
John Young Cahill Gordon & Reindel (Secretary/Di)	$18,000	$0
William S Miller (Director)	$18,000	$0
David Boyle (Director)	$18,000	$0
Richard Handelman (Treasurer)	$0	$0

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990-PF

Filed on May 29, 2014

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Fiscal Year Ending Dec.
2012

Revenue

$17,558,782

Expenses

$15,433,353

Net Income

$2,125,429

Net Assets

$89,329,803

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$334,230	1.9%
Dividends	$4,109,104	23.4%
Sales of Assets	$2,748,798	15.7%
Other Income	$10,366,650	59.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,856,322	76.8%
Compensation of Officers*	$404,417	2.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$107,384,558
Total Liabilities	$18,054,755
Net Assets	$89,329,803

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$17,002,459

Expenses

$16,665,842

Net Income

$336,617

Net Assets

$86,567,166

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$420,392	2.5%
Dividends	$3,656,110	21.5%
Sales of Assets	$1,461,781	8.6%
Other Income	$11,464,176	67.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,383,476	80.3%
Compensation of Officers*	$401,125	2.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$105,258,988
Total Liabilities	$18,691,822
Net Assets	$86,567,166

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G Harold And Leila Mathers Charitable Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $23.5M (2023)

Expenses $16.3M (2023)

Total Assets $99.9M (2023)

Total Liabilities $18.9M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$23.5M (2023)

Expenses

$16.3M (2023)

Total Assets

$99.9M (2023)

Total Liabilities

$18.9M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001