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David And Marjorie Sitt Chesed Fund is a private corporation based in OAKHURST, NJ. The foundation received its IRS ruling in 2004. The principal officer is David Sitt. It holds total assets of $2K. Annual income is reported at $26K. Total assets have grown from $225 in 2011 to $2K 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 2018 to 2024. The foundation primarily funds organizations in New York and New Jersey. According to available records, David And Marjorie Sitt Chesed Fund has made 2 grants totaling $59K, with a median grant of $30K. The foundation has distributed between $29K and $31K annually from 2021 to 2023. Individual grants have ranged from $29K to $31K, with an average award of $30K. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$101
Median Grant
$1K
Average Grant
$1K
Largest Grant
$5K
Based on 15 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.
David And Marjorie Sitt Chesed Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NY.
David And Marjorie Sitt Chesed Fund has distributed a total of $59K across 2 grants. The median grant size is $30K, with an average of $30K. Individual grants have ranged from $29K to $31K.
David And Marjorie Sitt Chesed Fund typically selects its grantees rather than accepting unsolicited proposals.
David And Marjorie Sitt Chesed Fund is headquartered in OAKHURST, NJ. The foundation primarily funds organizations in New York, New Jersey.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marjorie Sitt | Director | $0 | $0 | N/A |
| David Sitt | President | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2K
Fair Market Value
N/A
Net Worth
$2K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
2
Total Giving
$59K
Average Grant
$30K
Median Grant
$30K
Unique Recipients
1
Most Common Grant
$31K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedCharitable Purposes | Brooklyn, NY | $29K | 2023 |