Rachel Foundation is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2007. The principal officer is % Jacob Rieger. It holds total assets of $10.8M. Annual income is reported at $1.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Rachel Foundation has made 61 grants totaling $1.4M, with a median grant of $5K. Annual giving has grown from $349K in 2020 to $454K in 2023. Grantmaking activity was highest in 2022 with $635K distributed across 30 grants. Individual grants have ranged from $500 to $300K, with an average award of $24K. The foundation has supported 29 unique organizations. Grants have been distributed to organizations in New York and New Jersey. Contributions to this foundation are tax-deductible.
Rachel Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NY, NJ.
Rachel Foundation has distributed a total of $1.4M across 61 grants. The median grant size is $5K, with an average of $24K. Individual grants have ranged from $500 to $300K.
Rachel Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rachel Foundation is headquartered in BROOKLYN, NY. While based in NY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abraham Rieger | DIRECTOR | $0 | $0 | $0 |
| Rachel Rieger | DIRECTOR | $0 | $0 | $0 |
Total Giving
$457K
Total Assets
$10.5M
Fair Market Value
$11.9M
Net Worth
$10.5M
Grants Paid
$454K
Contributions
$915K
Net Investment Income
$146K
Distribution Amount
$536K
Total: $0
Total Grants
61
Total Giving
$1.4M
Average Grant
$24K
Median Grant
$5K
Unique Recipients
29
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bobover Yeshiva Bnei ZionRELIGIOUS EDUCATION | Brooklyn, NY | $300K | 2023 |
| Yeshiva Shefa ChaimEDUCATIONAL | Suffern, NY | $35K | 2023 |
| Mosdos SkolyaWELFARE | Brooklyn, NY | $18K | 2023 |
| Kollel Medrash ShmuelRELIGIOUS EDUCATION | Brooklyn, NY | $15K | 2023 |
| Congregation Sanz Of LakewoodCONGREGATION | Lakewood, NJ | $15K | 2023 |
Other foundations that have funded Rachel Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Alberto Foundation | $10K | 2023 | CHARITABLE |
| Alberto Foundation | $10K | 2022 | CHARITABLE |
| Bame Foundation | $2K | 2022 | CHARITABLE GIFT |
| Bame Foundation | $2K | 2022 | CHARITABLE GIFT |
| Carlson Family Lightshield Foundation |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Khal Adas YeraimRELIGIOUS EDUCATION |
| Brooklyn, NY |
| $10K |
| 2023 |
| Congregation YmhCONGREGATION | Brooklyn, NY | $10K | 2023 |
| Yeshiva Chasan Sofer D'MotersdurfRELIGIOUS EDUCATION | Brooklyn, NY | $9K | 2023 |
| Cong Pri AharonRELIGIOUS EDUCATION | Lakewood, NJ | $7K | 2023 |
| Mesivta Of LakewoodRELIGIOUS EDUCATION | Lakewood, NJ | $6K | 2023 |
| Talmud Torah Bais AvrohomRELIGIOUS EDUCATION | Lakewood, NJ | $6K | 2023 |
| Yeshiva Bnei TorahRELIGIOUS EDUCATION | Brooklyn, NY | $5K | 2023 |
| Cong Yetev LevRELIGIOUS ACTIVITIES | Brooklyn, NY | $5K | 2023 |
| Bais RochelRELIGIOUS EDUCATION | Brooklyn, NY | $5K | 2023 |
| Congregation Pnei MivenCONGREGATION | Brooklyn, NY | $4K | 2023 |
| Friends Of Mosdot GurRELIGIOUS ACTIVITIES | Brooklyn, NY | $4K | 2023 |
| Congregation Chochmas EliezerCONGREGATION | Brooklyn, NY | $1K | 2023 |
| Mesivta Eitz ChaimEDUCATIONAL | Brooklyn, NY | $1K | 2023 |
| BaisainuRELIGIOUS EDUCATION | Ferndale, NY | $500 | 2023 |
| Cong Khal YeraimWELFARE | Brooklyn, NY | $5K | 2022 |
| Chaim Medical ResourceWELFAREWELFARE | Brooklyn, NY | $2K | 2022 |
| Cong Kol YaakovRELIGIOUS EDUCATION | Brooklyn, NY | $1K | 2022 |
| Congregation BethelCONGREGATION | Monsey, NY | $800 | 2022 |
| Talmud Torah Ohel YochananRELIGIOUS EDUCATION | Brooklyn, NY | $500 | 2022 |
| Congregation Toldos YehudaCONGREGATION | Brooklyn, NY | $4K | 2020 |
| Yeshiva Yesode HatorahRELIGIOUS EDUCATION | Brooklyn, NY | $3K | 2020 |
| Congregation Ahavas Tzedaka VchesedCONGREGATION | Brooklyn, NY | $2K | 2020 |
| Talmud Torah Tiferes BunimEDUCATION | Brooklyn, NY | $2K | 2020 |
| Congregation Panim MeirothCONGREGATION | Brooklyn, NY | $1K | 2020 |
| $500 |
| 2022 |
| GENERAL SUPPORT |
| Carlson Family Lightshield Foundation | $500 | 2022 | GENERAL SUPPORT |
| Alberto Foundation | $20K | 2021 | CHARITABLE |
| Alberto Foundation | $10K | 2020 | CHARITABLE |
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