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848 Charity Fund is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 1990. It holds total assets of $298K. Annual income is reported at $60K. Total assets have decreased from $780K in 2011 to $298K in 2024. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. According to available records, 848 Charity Fund has made 24 grants totaling $460K, with a median grant of $11K. Annual giving has grown from $61K in 2020 to $209K in 2022. Individual grants have ranged from $4K to $150K, with an average award of $19K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in New York and Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
848 Charity Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 24 grants. Its grantmaking reaches organizations primarily in NY, IL.
848 Charity Fund has distributed a total of $460K across 24 grants. The median grant size is $11K, with an average of $19K. Individual grants have ranged from $4K to $150K.
848 Charity Fund typically selects its grantees rather than accepting unsolicited proposals.
848 Charity Fund is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bernard Newman | PRESIDENT | $0 | $0 | N/A |
| Sarah Newman | VICE PRESIDE | $0 | $0 | N/A |
| Yossef Newman | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$298K
Fair Market Value
N/A
Net Worth
$297K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
24
Total Giving
$460K
Average Grant
$19K
Median Grant
$11K
Unique Recipients
9
Most Common Grant
$6K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cong MesivtaRELIGIOUS | Brooklyn, NY | $46K | 2022 |
| Various SamllerVARIOUS | Various, NY | $28K | 2022 |
| Netina Vechinuch Bechen UvechesedRELIGIOUS | Brooklyn, NY | $14K | 2022 |
| Vaad HarabanimRELIGIOUS | Brooklyn, NY | $7K | 2022 |
| Yad YisroelPOVERTY | Brooklyn, NY | $6K | 2022 |
| Telshe YeshivahEDUCATION | Chicago, IL | $4K | 2022 |
| Cong BorovRELIGIOUS | Monsey, NY | $150K | 2021 |
| Mosdos Beth Yosef ZviEDUCATION | Brooklyn, NY | $11K | 2020 |
| Tomoshover CongRELIGIOUS | Brooklyn, NY | $6K | 2020 |