//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Bitochon Foundation is a private trust based in UNION CITY, NJ. The foundation received its IRS ruling in 2023. It holds total assets of $1.2M. Annual income is reported at $166K. Total assets have grown from $600K in 2021 to $1.2M in 2024. The foundation is governed by 2 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 2021 to 2024. According to available records, Bitochon Foundation has made 20 grants totaling $649K, with a median grant of $30K. Annual giving has decreased from $473K in 2022 to $176K in 2023. Individual grants have ranged from $250 to $100K, with an average award of $32K. The foundation has supported 14 unique organizations. Grants have been distributed to organizations in New Jersey and New York. 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.
Bitochon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in NJ, NY.
Bitochon Foundation has distributed a total of $649K across 20 grants. The median grant size is $30K, with an average of $32K. Individual grants have ranged from $250 to $100K.
Bitochon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bitochon Foundation is headquartered in UNION CITY, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Solomon Motzen | TRUSTEE | $0 | $0 | N/A |
| Abraham Askal | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$1.2M
Fair Market Value
N/A
Net Worth
$1.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
20
Total Giving
$649K
Average Grant
$32K
Median Grant
$30K
Unique Recipients
14
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cong Heishiv MosheGENERAL SUPPORT | Brooklyn, NY | $50K | 2023 |
| Congregation Kollel Bnei Brak IncGENERAL SUPPORT | Monsey, NY | $42K | 2023 |
| Congregation Neir BaruchGENERAL SUPPORT | Brooklyn, NY | $40K | 2023 |
| Congregation Yeshiva Yesodei Torah IncGENERAL SUPPORT | Lakewood, NJ | $20K | 2023 |
| Bnos SanzGENERAL SUPPORT | Brooklyn, NY | $17K | 2023 |
| Cong Kehilath Yakov Pupa Of MonseyGENERAL SUPPORT | Monsey, NY | $5K | 2023 |
| Tehillim KollelGENERAL SUPPORT | Kiryas Joel, NY | $2K | 2023 |
| Cong Kolel Sanz Klausenburg MonseyGENERAL SUPPORT | Monsey, NY | $250 | 2023 |
| Masmidim Shefa Chaim IncGENERAL SUPPORT | Union City, NJ | $100K | 2022 |
| Learning Institute Of Union CityGENERAL SUPPORT | Union City, NJ | $50K | 2022 |
| Congregation Ahavas ShulemGENERAL SUPPORT | Union City, NJ | $50K | 2022 |
| American Committee For Sanz InstitutionsGENERAL SUPPORT | Brooklyn, NY | $30K | 2022 |
| Cong Chevra Shas Keren YeshivaGENERAL SUPPORT | Spring Valley, NY | $5K | 2022 |
| Chasdei Tzemach TzadikGENERAL SUPPORT | Brooklyn, NY | $2K | 2022 |