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Bais Elazar is a private corporation based in LAKEWOOD, CO. The foundation received its IRS ruling in 2002. The principal officer is Hersch L Krausz. It holds total assets of $15.4M. Annual income is reported at $879K. Total assets have grown from $6.3M in 2010 to $15.4M in 2022. The foundation is governed by 3 officers and trustees. Grants to organizations for distribution to needy and deserving individuals for child care. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New Jersey, Colorado and New York. According to available records, Bais Elazar has made 18 grants totaling $2.9M, with a median grant of $150K. Annual giving has grown from $734K in 2020 to $1.5M in 2022. Individual grants have ranged from $550 to $350K, with an average award of $161K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$550
Median Grant
$63K
Average Grant
$122K
Largest Grant
$300K
Based on 6 grants from the most recent 990-PF filing.
Grants to organizations for distribution to needy and deserving individuals for child care
Expenses: $709K
Grants to organizations for distribution to needy and deserving individuals for child care. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NJ, NY, CO.
Bais Elazar has distributed a total of $2.9M across 18 grants. The median grant size is $150K, with an average of $161K. Individual grants have ranged from $550 to $350K.
Bais Elazar typically selects its grantees rather than accepting unsolicited proposals.
Bais Elazar is headquartered in LAKEWOOD, CO. While based in CO, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Eliezer Krausz | Director | $0 | $0 | N/A |
| Moshe Burnsztyn | Director | $0 | $0 | N/A |
| Hersch Krausz | Executive Direc | $0 | $0 | N/A |
Total Giving
$758K
Total Assets
$15.4M
Fair Market Value
N/A
Net Worth
$15.4M
Grants Paid
$758K
Contributions
$183K
Net Investment Income
$696K
Distribution Amount
$754K
Total Grants
18
Total Giving
$2.9M
Average Grant
$161K
Median Grant
$150K
Unique Recipients
7
Most Common Grant
$150K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillel AcademySUPPORT NEEDY INDIVIDUALS | Denver, CO | $107K | 2021 |
| Kollel InternationalSUPPORT NEEDY INDIVIDUALS | Lakewood, NJ | $350K | 2022 |
| Cong Ahavas Tzedokah V'ChessedSUPPORT NEEDY INDIVIDUALS | Brooklyn, NY | $250K | 2022 |
| Cong Supporters Of TorahSUPPORT NEEDY INDIVIDUALS | Lakewood, NJ | $150K | 2022 |
| Camp Chayos HakodeshSUPPORT NEEDY INDIVIDUALS | Denver, CO | $900 | 2022 |
| Educational Endowment FundSUPPORT NEEDY INDIVIDUALS | Lakewood, NJ | $300K | 2020 |
| Keren HachasedSUPPORT NEEDY INDIVIDUALS | Lakewood, NJ | $25K | 2020 |