//
Also known as: FREE LOAN FUND
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Aron And Ritchel Zichron Kdoshim Free Loan Fund is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2004. The principal officer is Aron Tessler. It holds total assets of $5.6M. Annual income is reported at $5.8M. Total assets have grown from $977K in 2011 to $5.6M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Aron And Ritchel Zichron Kdoshim Free Loan Fund has made 52 grants totaling $1.2M, with a median grant of $10K. Annual giving has grown from $313K in 2020 to $418K in 2023. Grantmaking activity was highest in 2022 with $488K distributed across 20 grants. Individual grants have ranged from $100 to $100K, with an average award of $23K. The foundation has supported 32 unique organizations. The foundation primarily supports organizations in New York, New Jersey, Pennsylvania, which account for 98% of all grants. Grantmaking reaches organizations across 4 states. 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.
Aron And Ritchel Zichron Kdoshim Free Loan Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in NY, NJ, PA.
Aron And Ritchel Zichron Kdoshim Free Loan Fund has distributed a total of $1.2M across 52 grants. The median grant size is $10K, with an average of $23K. Individual grants have ranged from $100 to $100K.
Aron And Ritchel Zichron Kdoshim Free Loan Fund typically selects its grantees rather than accepting unsolicited proposals.
Aron And Ritchel Zichron Kdoshim Free Loan Fund is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Aron Tessler | TRUSTEE | $0 | $0 | N/A |
| Naomi Tessler | TRUSTEE | $0 | $0 | N/A |
| Mendel Tessler | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$5.6M
Fair Market Value
N/A
Net Worth
$5.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
52
Total Giving
$1.2M
Average Grant
$23K
Median Grant
$10K
Unique Recipients
32
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Zichron ShlomoCHARITY | Brooklyn, NY | $25K | 2023 |
| Keren YisroelCHARITABLE | Lakewood, NJ | $2K | 2020 |
| Various CharitiesCHARITY | Brooklyn, NY | $87K | 2023 |
| A TimeCHARITY | Brooklyn, NY | $60K | 2023 |
| Central Fund Of IsraelCHARITY | Cedarhurst, NY | $50K | 2023 |
| Agudath Israel Of AmericaCHARITY | New York, NY | $45K | 2023 |
| Cong Bais YeshayaCHARITY | Brooklyn, NY | $34K | 2023 |
| Lev YisroelCHARITY | Monsey, NY | $20K | 2023 |
| Mirrer YeshivaCHARITY | Brooklyn, NY | $19K | 2023 |
| Chemdas ShlomoCHARITY | Brooklyn, NY | $14K | 2023 |
| Kollel Bnei YeshivasCHARITY | Brooklyn, NY | $10K | 2023 |
| Nachlas DovidCHARITY | Lakewood, NJ | $10K | 2023 |
| Shmidman Bais AvrohomCHARITY | Brooklyn, NY | $10K | 2023 |
| Tzur FoundationCHARITY | Lakewood, NJ | $10K | 2023 |
| Tehila LdovidCHARITY | Brooklyn, NY | $7K | 2023 |
| Kollel Bnei TorahCHARITY | Brooklyn, NY | $7K | 2023 |
| Shaar HatalmudCHARITY | Brooklyn, NY | $5K | 2023 |
| Ateres ShlomoCHARITY | Edison, NJ | $5K | 2023 |
| Ahavas Yisroel Of AmericaCHARITY | New York, NY | $36K | 2022 |
| Yeshiva Ahavas YaakovCHARITY | Brookyn, NY | $5K | 2022 |
| Yad Avraham Of New YorkCHARITY | New York, NY | $5K | 2022 |
| Fcf GemachCHARITABLE | Brooklyn, NY | $100K | 2020 |
| Ichud Mosdos HachinuchCHARITABLE | Brooklyn, NY | $100K | 2020 |
| A Time Shas A ThonCHARITABLE | Brooklyn, NY | $50K | 2020 |
| Mpb Memorial FundCHARITABLE | Brooklyn, NY | $5K | 2020 |
| Talmudical Yeshiva Of PhiladelphiaCHARITABLE | Philadelphia, PA | $5K | 2020 |
| Ein Od MilvadoCHARITABLE | Lakewood, NJ | $4K | 2020 |
| Congrgation Bais Avrohaom D'KrulaCHARITABLE | Brooklyn, NY | $2K | 2020 |
| Congrgation Beth MordechaiCHARITABLE | Perth Amboy, NJ | $500 | 2020 |
| Congrgation Bnei Shloima ZalmanCHARITABLE | Brooklyn, NY | $250 | 2020 |