//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Education Foundation For Old Safed Inc. is a private corporation based in N WOODMERE, NY. The foundation received its IRS ruling in 2002. The principal officer is Baron. It holds total assets of $231K. Annual income is reported at $42K. Total assets have decreased from $632K in 2011 to $243K in 2023. The foundation is governed by 4 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 2016 to 2023. Grantmaking is concentrated in New York. According to available records, Education Foundation For Old Safed Inc. has made 10 grants totaling $159K, with a median grant of $8K. Annual giving has decreased from $94K in 2021 to $12K in 2023. Individual grants have ranged from $500 to $58K, with an average award of $16K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in New York and Florida and North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$48K
Based on 6 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.
Education Foundation For Old Safed Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in NY, FL, NC.
Education Foundation For Old Safed Inc. has distributed a total of $159K across 10 grants. The median grant size is $8K, with an average of $16K. Individual grants have ranged from $500 to $58K.
Education Foundation For Old Safed Inc. typically selects its grantees rather than accepting unsolicited proposals.
Education Foundation For Old Safed Inc. is headquartered in N WOODMERE, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rabbi Samuel H Solomon | PRESIDENT | $0 | $0 | N/A |
| Heidi Baron | SECRETARY AND TREASURER | $0 | $0 | N/A |
| Rabbi Dovid Rhodes | VICE PRESIDENT | $0 | $0 | N/A |
| Meryl L Solomon | PRESIDENT | $0 | $0 | N/A |
Total Giving
$25K
Total Assets
$243K
Fair Market Value
$243K
Net Worth
$242K
Grants Paid
$12K
Contributions
$108K
Net Investment Income
$5K
Distribution Amount
$7K
Total: $188K
Total Grants
10
Total Giving
$159K
Average Grant
$16K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Opendor MediaGENERAL SUPPORT | Sunrise, FL | $10K | 2023 |
| Adi Israel FoundationGENERAL SUPPORT | New York, NY | $2K | 2023 |
| Dapei KatomGENERAL SUPPORT | Petach Tikva | $42K | 2022 |
| Central Fund For IsraelGENERAL SUPPORT | New York, NY | $6K | 2022 |
| Pef Israel Endowment Funds IncGENERAL SUPPORT | New York, NY | $6K | 2022 |
| Hetz For Israel LtdGENERAL SUPPORT | Beit Zait Bet Zayit | $20K | 2021 |
| American Friends Of Yad EliezerGENERAL SUPPORT | Brooklyn, NY | $4K | 2021 |
| Glory Center Ministries IncGENERAL SUPPORT | High Point, NC | $500 | 2021 |