Iris & B Gerald Cantor Foundation
Iris & B Gerald Cantor Foundation maintains substantial assets and reports no officer compensation across all filings.
EIN: 136227347 · Palm Beach, FL · NTEE: A20Z · Updated: 2026-03-28
Is Iris & B Gerald Cantor Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Iris & B Gerald Cantor Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Iris & B Gerald Cantor Foundation
Iris & B Gerald Cantor Foundation (EIN: 136227347) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code A20Z. The organization reported total revenue of $14.6M and total assets of $23.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iris & B Gerald Cantor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iris & B Gerald Cantor Foundation is a large nonprofit that has been operating for 59 years, with 10 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -16.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $594K |
| Total Expenses | $610K |
| Surplus / Deficit | $-16,547 |
| Total Assets | $22.1M |
| Total Liabilities | $1.7M |
| Net Assets | $20.4M |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 434.6 months |
Financial Health Grade: B
In 2022, Iris & B Gerald Cantor Foundation reported a deficit of $17K with expenses exceeding revenue, holds 434.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2022), Iris & B Gerald Cantor Foundation's revenue has declined at a compound annual growth rate (CAGR) of -16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -49.0% | -64.2% | -8.9% |
| 2021 | -3.6% | +126.6% | +0.2% |
| 2020 | +35.1% | -7.2% | +0.3% |
| 2019 | +17.8% | -31.5% | -5.7% |
| 2015 | -42.2% | +27.5% | -1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1967 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Iris & B Gerald Cantor Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Iris & B Gerald Cantor Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The Iris & B Gerald Cantor Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer channels, which is highly favorable for a foundation of its size with assets over $22 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Iris & B Gerald Cantor Foundation:
- Consistent and substantial asset base, over $22 million in recent years, indicating long-term financial stability.
- Zero reported officer compensation across all filings, demonstrating a commitment to minimizing administrative overhead.
- Strong financial health with assets significantly exceeding liabilities in all reported periods.
- Long history of IRS 990 filings (10 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Iris & B Gerald Cantor Foundation
Is Iris & B Gerald Cantor Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Iris & B Gerald Cantor Foundation (EIN: 136227347) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Iris & B Gerald Cantor Foundation spend its money?
Iris & B Gerald Cantor Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Iris & B Gerald Cantor Foundation tax-deductible?
Iris & B Gerald Cantor Foundation is registered as a tax-exempt nonprofit (EIN: 136227347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What are the specific grantmaking priorities of the Iris & B Gerald Cantor Foundation?
The provided IRS 990 data does not detail the specific grantmaking priorities or recipients. Further investigation into their website or Schedule I of their 990 filings would be necessary to understand their programmatic focus.
How does the foundation manage its investment portfolio to maintain its asset base?
The IRS 990 data shows a consistent asset base over $22 million, suggesting effective investment management. However, specific details on investment strategies are not available in this summary.
Are there any related organizations or entities associated with the foundation?
The provided data does not indicate any related organizations. A full review of the 990, particularly Schedule R, would be needed to identify any such relationships.
Filing History
IRS 990 filing history for Iris & B Gerald Cantor Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2022), Iris & B Gerald Cantor Foundation's revenue has declined by 85.5%, moving from $4.1M to $594K. Total assets decreased by 14.6% over the same period, from $25.9M to $22.1M. Total functional expenses fell by 45.4%, from $1.1M to $610K. In its most recent filing year (2022), Iris & B Gerald Cantor Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $1.7M in liabilities against $22.1M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $20.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $594K | $610K | $22.1M | $1.7M | — | View 990 |
| 2021 | $1.2M | $1.7M | $24.3M | $2.1M | — | View 990 |
| 2020 | $1.2M | $752K | $24.2M | $1.6M | — | View 990 |
| 2019 | $894K | $809K | $24.1M | $2.0M | — | View 990 |
| 2015 | $759K | $1.2M | $25.6M | $1 | — | View 990 |
| 2014 | $1.3M | $927K | $26.1M | $15K | — | View 990 |
| 2013 | $1.4M | $538K | $25.8M | $10K | — | View 990 |
| 2013 | $1.3M | $910K | $25.1M | $214K | — | View 990 |
| 2012 | $543K | $737K | $24.7M | $202K | — | View 990 |
| 2011 | $4.1M | $1.1M | $25.9M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $594K, expenses of $610K, and assets of $22.1M (revenue -49.0% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.7M, and assets of $24.3M (revenue -3.6% year-over-year).
- 2020: Revenue of $1.2M, expenses of $752K, and assets of $24.2M (revenue +35.1% year-over-year).
- 2019: Revenue of $894K, expenses of $809K, and assets of $24.1M (revenue +17.8% year-over-year).
- 2015: Revenue of $759K, expenses of $1.2M, and assets of $25.6M (revenue -42.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $927K, and assets of $26.1M (revenue -6.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $538K, and assets of $25.8M (revenue +5.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $910K, and assets of $25.1M (revenue +143.3% year-over-year).
- 2012: Revenue of $543K, expenses of $737K, and assets of $24.7M (revenue -86.7% year-over-year).
- 2011: Revenue of $4.1M, expenses of $1.1M, and assets of $25.9M.
Data Sources and Methodology
This transparency report for Iris & B Gerald Cantor Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.