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Also known as: C/O DAVID WEINGARTEN
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Kerem Foundation is a private trust based in MONSEY, NY. The foundation received its IRS ruling in 2019. It holds total assets of $276K. Annual income is reported at $468K. Total assets have grown from $84K in 2019 to $276K 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. Grantmaking is concentrated in New York. According to available records, Kerem Foundation has made 26 grants totaling $622K, with a median grant of $6K. Annual giving has grown from $137K in 2020 to $318K in 2022. Individual grants have ranged from $350 to $215K, with an average award of $24K. The foundation has supported 16 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Smallest Grant
$350
Median Grant
$5K
Average Grant
$17K
Largest Grant
$115K
Based on 8 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.
Kerem Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Kerem Foundation has distributed a total of $622K across 26 grants. The median grant size is $6K, with an average of $24K. Individual grants have ranged from $350 to $215K.
Kerem Foundation typically selects its grantees rather than accepting unsolicited proposals.
Kerem Foundation is headquartered in MONSEY, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Blima Weingarten | TRUSTEE | $0 | $0 | N/A |
| David Weingarten | TRUSTEE | $0 | $0 | N/A |
Total Giving
$388K
Total Assets
$276K
Fair Market Value
$276K
Net Worth
$276K
Grants Paid
$382K
Contributions
$468K
Net Investment Income
N/A
Distribution Amount
$10K
Total Grants
26
Total Giving
$622K
Average Grant
$24K
Median Grant
$6K
Unique Recipients
16
Most Common Grant
$4K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Kolel ErevSCHOLARSHIP | Monsey, NY | $215K | 2022 |
| Cong Yerias Shloima IncOPERATIONOPERATION | Spring Valley, NY | $25K | 2022 |
| Oseh Tzedokah VchesedFOR THE NEEDY | Monsey, NY | $15K | 2022 |
| Khal Zichron MenachemPRAYER CLOTHING | Monsey, NY | $13K | 2022 |
| Shiniver CongregationCHARITY | Monsey, NY | $8K | 2022 |
| Or YosefSCHLARSHIP | Monsey, NY | $8K | 2022 |
| Bais Yaakov D'Rav MeirOPERATION | Brooklyn, NY | $7K | 2022 |
| Cong Ateres Rosh KolbesovOPERATION | Spring Valley, NY | $7K | 2022 |
| Cong Kedushas Yom Tov D'RopshitzCHARITY | Brooklyn, NY | $5K | 2022 |
| Yeshuos Yaakov IncOPERATION | Lakewood, NJ | $4K | 2022 |
| Yeshiva Yashresh YakovBOOKS | Woodridge, NY | $4K | 2022 |
| Cong Chasan SofirOPERATION | Monsey, NY | $4K | 2022 |
| Cong Yesheos Yakov Of TertzalPRAYER BOOKS | Monsey, NY | $3K | 2022 |
| Kahal Mekor ChaimBUILDING FUND | Monsey, NY | $39K | 2021 |
| Cong Bais VaadCHARITY | Monroe, NY | $5K | 2020 |
| Cong Kahal NopkerMIKVA | Monsey, NY | $800 | 2020 |