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Chester Foundation Trust is a private trust based in BROOKLYN, NY. The foundation received its IRS ruling in 2008. The principal officer is Arye Ringel. It holds total assets of $10.2M. Annual income is reported at $1.7M. Total assets have grown from $972K in 2010 to $7.6M in 2022. 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 2020 to 2023. According to available records, Chester Foundation Trust has made 65 grants totaling $1.3M, with a median grant of $500. Annual giving has grown from $114K in 2020 to $350K in 2023. Grantmaking activity was highest in 2022 with $621K distributed across 32 grants. Individual grants have ranged from N/A to $321K, with an average award of $20K. The foundation has supported 33 unique organizations. Grants have been distributed to organizations in New York and Kentucky and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$500
Average Grant
$19K
Largest Grant
$285K
Based on 16 grants from the most recent 990-PF filing.
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.
Chester Foundation Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in NY, KY, FL.
Chester Foundation Trust has distributed a total of $1.3M across 65 grants. The median grant size is $500, with an average of $20K. Individual grants have ranged from N/A to $321K.
Chester Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Chester Foundation Trust is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Harry Gold | TRUSTEE | $0 | $0 | N/A |
| Esther Gold | TRUSTEE | $0 | $0 | N/A |
Total Giving
$478K
Total Assets
$7.6M
Fair Market Value
$7.6M
Net Worth
$7.6M
Grants Paid
$350K
Contributions
N/A
Net Investment Income
$801K
Distribution Amount
$392K
Total Grants
65
Total Giving
$1.3M
Average Grant
$20K
Median Grant
$500
Unique Recipients
33
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ahavas ChesedGENERAL | Brooklyn, NY | $180 | 2022 |
| Fidelity CharitableGENERAL | Covington, KY | $321K | 2023 |
| The Ojc FundGENERAL | Brooklyn, NY | $19K | 2023 |
| Mosdos Beth Joseph TzviGENERAL | Brooklyn, NY | $5K | 2023 |
| Congregation Atzei Chaim SigetGENERAL | Brooklyn, NY | $2K | 2023 |
| Satmar Bikur CholimGENERAL | Brooklyn, NY | $1K | 2023 |
| Kolel Yetev LevGENERAL | Brooklyn, NY | $1K | 2023 |
| Zichron Shlomo Refuah FundGENERAL | Brooklyn, NY | $500 | 2023 |
| Chesed Of West Palm BeachGENERAL | West Palm Beach, FL | $360 | 2023 |
| Congregation Ezraz ShulemGENERAL | Brooklyn, NY | $250 | 2023 |
| Congregation Beth OsherGENERAL | Brooklyn, NY | $101 | 2023 |
| Int'L Commettee For The Preservation Of Har HazeitzemGENERAL | Brooklyn, NY | $101 | 2023 |
| TschiGENERAL | Holywood, FL | $101 | 2023 |
| Amidei Zion Of BobovGENERAL | Brooklyn, NY | $10K | 2022 |
| Gemach Pinas YikrasGENERAL | Brooklyn, NY | $3K | 2022 |
| Yeshiva Imrei YosefGENERAL | Brooklyn, NY | $2K | 2022 |
| Kolel Ohel YisochorGENERAL | Brooklyn, NY | $1K | 2022 |
| Kolel Satamar Of Boro ParkGENERAL | Brooklyn, NY | $500 | 2022 |
| Kolel Avreichem Of UtaGENERAL | Brooklyn, NY | $500 | 2022 |
| Congregation YereimGENERAL | Brooklyn, NY | $400 | 2022 |
| Sifrei Algazi - Chasudim TovimGENERAL | Brooklyn, NY | $200 | 2022 |
| Kolel Shomrei HachomosGENERAL | Brooklyn, NY | $101 | 2022 |
| Congregation Yetev LevGENERAL | Brooklyn, NY | $100 | 2022 |
| Yeshiva Sharey LimudGENERAL | Brooklyn, NY | $50K | 2021 |