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Goodworks 18 Foundation is a private corporation based in MONTVALE, NJ. The foundation received its IRS ruling in 2015. The principal officer is % Malka Neustadter. It holds total assets of $15.5M. Annual income is reported at $5.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Goodworks 18 Foundation has made 8 grants totaling $13.2M, with a median grant of $1.6M. The foundation has distributed between $3.2M and $6.7M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $6.7M distributed across 4 grants. Individual grants have ranged from $818K to $2.5M, with an average award of $1.6M. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and New York. Contributions to this foundation are tax-deductible.
Goodworks 18 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in MA, NY.
Goodworks 18 Foundation has distributed a total of $13.2M across 8 grants. The median grant size is $1.6M, with an average of $1.6M. Individual grants have ranged from $818K to $2.5M.
Goodworks 18 Foundation typically selects its grantees rather than accepting unsolicited proposals.
Goodworks 18 Foundation is headquartered in MONTVALE, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Malka Neustadter | PRESIDENT | $45K | $0 | $45K |
| Hadas Neustadter | DIRECTOR | $0 | $0 | $0 |
| Joshua Itamar Neustadter | TREASURER AND SECRETARY | $0 | $0 | $0 |
Total Giving
$3.3M
Total Assets
$17M
Fair Market Value
$31M
Net Worth
$17M
Grants Paid
$3.2M
Contributions
$0
Net Investment Income
$1000K
Distribution Amount
$924K
Total: $16.9M
Total Grants
8
Total Giving
$13.2M
Average Grant
$1.6M
Median Grant
$1.6M
Unique Recipients
4
Most Common Grant
$1.2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable Gift FundCHARITABLE FUND | Boston, MA | $2M | 2023 |
| Pef Israel Endownment FundCHARITABLE FUND | New York, NY | $1.1M | 2023 |
| Pef Israel Endownmwnt FundsCHARITABLE FUND | New York, NY | $1.2M | 2022 |
| Pef Israel Endowment FundsCHARITABLE FUND | New York, NY | $818K | 2021 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
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