//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Chesed Foundation is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 1997. The principal officer is Michael Weiss. It holds total assets of $5.4M. Annual income is reported at $486K. Total assets have grown from $4M in 2011 to $5.3M in 2023. The foundation is governed by 1 officer or trustee. Aid to needy- over 500 families were helped. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Chesed Foundation has made 59 grants totaling $2.4M, with a median grant of $14K. The foundation has distributed between $467K and $1.4M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.4M distributed across 30 grants. Individual grants have ranged from $5K to $310K, with an average award of $40K. The foundation has supported 35 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Aid to needy- over 500 families were helped
Expenses: $900
Synagouge building funds- provided grants to over 10 synagouges to assist them in their charitable activities to thier community
Expenses: $275
Donations to non-profit schools to benefit the needy. Over 10 schools were provided with grants
Expenses: $194
Aid to needy- over 500 families were helped. Based on available records, the foundation has funded 59 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Chesed Foundation has distributed a total of $2.4M across 59 grants. The median grant size is $14K, with an average of $40K. Individual grants have ranged from $5K to $310K.
Chesed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Chesed Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Michael Weiss | TRUSTEE | $0 | $0 | N/A |
Total Giving
$531K
Total Assets
$5.3M
Fair Market Value
$88K
Net Worth
$5.3M
Grants Paid
$530K
Contributions
$85K
Net Investment Income
$587K
Distribution Amount
$234K
Total Grants
59
Total Giving
$2.4M
Average Grant
$40K
Median Grant
$14K
Unique Recipients
35
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cong Mosdos Satmar LindenAID TO NEEDY | Linden, NJ | $310K | 2023 |
| Kollel Shaarei TzionAID TO NEEDY | Brooklyn, NY | $54K | 2023 |
| Uta Boro ParkAID TO NEEDY | Brooklyn, NY | $29K | 2023 |
| Central UtaAID TO NEEDY | Brooklyn, NY | $27K | 2023 |
| Keren Mogen UmoshiaAID TO NEEDY | Brooklyn, NY | $25K | 2023 |
| Uta MonseyAID TO NEEDY | Airmont, NY | $19K | 2023 |
| OthersAID TO NEEDY | Brooklyn, NY | $14K | 2023 |
| Congregation Beth AharonAID TO NEEDY | Brooklyn, NY | $13K | 2023 |
| Uta KjAID TO NEEDY | Monroe, NY | $12K | 2023 |
| Cong Yereim SeagateAID TO NEEDY | Brooklyn, NY | $7K | 2023 |
| Cong Ohr LyshurimAID TO NEEDY | Brooklyn, NY | $6K | 2023 |
| Machne Mais RochelAID TO NEEDY | Monroe, NY | $5K | 2023 |
| Camp PupaAID TO NEEDY | Brooklyn, NY | $5K | 2023 |
| Cong Avnie Zedek Avnie ChesedAID TO NEEDY | Monroe, NY | $5K | 2023 |
| Mikvah Of LindenAID TO NEEDY | Linden, NJ | $300K | 2022 |
| Other Irs Approved CharitiesAID TO NEEDY | Brooklyn, NY | $111K | 2022 |
| Kollel Sharei TzionAID TO NEEDY | Brookln, NY | $105K | 2022 |
| Uta BpAID TO NEEDY | Brooklyn, NY | $31K | 2022 |
| Mosdos Hatorah LindenAID TO NEEDY | Linden, NJ | $16K | 2022 |
| Central Uta MonseyAID TO NEEDY | Airmont, NY | $15K | 2022 |
| Mikvah Yisroel WpbAID TO NEEDY | Brooklyn, NY | $11K | 2022 |
| Congregation Ohr LyshurimAID TO NEEDY | Brooklyn, NY | $9K | 2022 |
| Congregation YereimAID TO NEEDY | Brooklyn, NY | $8K | 2022 |
| Yeshiva Ohel TorahAID TO NEEDY | Brooklyn, NY | $8K | 2022 |
| Congregation Avnei Tedek Cong AhavaAID TO NEEDY | Monroe, NY | $6K | 2022 |
| Choinen VnoisenAID TO NEEDY | Brooklyn, NY | $5K | 2022 |
| Cong Ahavas ChessedBUILDING FUND | Monroe, NY | $151K | 2021 |
| Miscelaneous Donations To Irs ApproAID TO NEEDY | Brooklyn, NY | $72K | 2021 |
| Cong Beth AharonBUILDING FUND | Brooklyn, NY | $15K | 2021 |