//
Chesed Foundation Of America is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 1998. The principal officer is % Sabr Group. It holds total assets of $250M. Annual income is reported at $163.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Chesed Foundation Of America has made 4 grants totaling $28.7M, with a median grant of $6.2M. Annual giving has grown from $2.7M in 2021 to $18M in 2023. Individual grants have ranged from $2.7M to $13.5M, with an average award of $7.2M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Chesed Foundation Of America primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Chesed Foundation Of America has distributed a total of $28.7M across 4 grants. The median grant size is $6.2M, with an average of $7.2M. Individual grants have ranged from $2.7M to $13.5M.
Chesed Foundation Of America typically selects its grantees rather than accepting unsolicited proposals.
Chesed Foundation Of America is headquartered in NEW YORK, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George Karfunkel | President | $0 | $0 | $0 |
| Rene Karfunkel | Vice President | $0 | $0 | $0 |
| Henry Reinhold | Vice President | $0 | $0 | $0 |
| Bernard Karfunkel | Trustee | $0 | $0 | $0 |
Total Giving
$3.8M
Total Assets
$255.8M
Fair Market Value
N/A
Net Worth
$255.8M
Grants Paid
N/A
Contributions
$0
Net Investment Income
$8.8M
Distribution Amount
$11.2M
Total Grants
4
Total Giving
$28.7M
Average Grant
$7.2M
Median Grant
$6.2M
Unique Recipients
2
Most Common Grant
$2.7M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation Chemdas Yisroel IncAMOUNTS ARE GIVEN TO COVER OPERATING EXPENSES FOR SCHOOLS AND SYNAGOGUES AS WELL AS EDUCATIONAL SCHOLARSHIPS AND ASSISTANCE TO THE NEEDY. | Brooklyn, NY | $13.5M | 2023 |
| See Attached ScheduleAMOUNTS ARE GIVEN TO COVER OPERATING EXPENSES FOR SCHOOLS AND SYNAGOGUES AS WELL AS EDUCATIONAL SCHOLARSHIPS AND ASSISTANCE TO THE NEEDY. | New York, NY | $4.5M | 2023 |
© 2026 Granted AI