LAKEWOOD, NJ

Reb Shabsi Raitzik Memorial Charitable Trust

Quick Facts

EIN: 364108854
Location: LAKEWOOD, NJ
Phone: (773) 633-7889
Category: General
Total Assets: $4K
Annual Income: $18K
IRS Ruling Year: 1997
Organization Type: Non-Operating Foundation
Principal Officer: % Saralea Raitzik
Tax Deductibility: Contributions are deductible

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About This Foundation

Reb Shabsi Raitzik Memorial Charitable Trust is a private trust based in LAKEWOOD, NJ. The foundation received its IRS ruling in 1997. The principal officer is % Saralea Raitzik. It holds total assets of $4K. Annual income is reported at $18K. SUPPORT OF EDUCATIONAL AND RELIGIOUS INSTITUTIONS. According to available records, Reb Shabsi Raitzik Memorial Charitable Trust has made 7 grants totaling $65K, with a median grant of $10K. The foundation has distributed between $14K and $19K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $19K distributed across 1 grants. Individual grants have ranged from $2K to $19K, with an average award of $9K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in New Jersey. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

SUPPORT OF EDUCATIONAL AND RELIGIOUS INSTITUTIONS

Expenses: $15K

Frequently Asked Questions

What does Reb Shabsi Raitzik Memorial Charitable Trust fund?

SUPPORT OF EDUCATIONAL AND RELIGIOUS INSTITUTIONS. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in NJ.

How much does Reb Shabsi Raitzik Memorial Charitable Trust give in grants?

Reb Shabsi Raitzik Memorial Charitable Trust has distributed a total of $65K across 7 grants. The median grant size is $10K, with an average of $9K. Individual grants have ranged from $2K to $19K.

How do I apply for a grant from Reb Shabsi Raitzik Memorial Charitable Trust?

Reb Shabsi Raitzik Memorial Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.

Where is Reb Shabsi Raitzik Memorial Charitable Trust located?

Reb Shabsi Raitzik Memorial Charitable Trust is headquartered in LAKEWOOD, NJ.

Key People & Compensation (2023)

Name	Title	Compensation	Benefits	Total
Shabsi Raitzik	Officer	$0	$0	$0
Sara Lea Raitzik	Officer	$0	$0	$0

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

Research This Foundation

GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$15K

2023-22%

Total Assets

$3K

2023-51%

Fair Market Value

$3K

2023

Net Worth

$3K

2023

Grants Paid

$15K

2023

Contributions

$12K

2023

Net Investment Income

2023

Distribution Amount

$253

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Contributions: $12K
Interest: $2

Financial Details (2023)

Total Revenue: $12K
Total Expenses: $15K
Exempt Purpose Expenses: $0
Required Distribution: $253
Undistributed Income: $0
Total Liabilities: $1

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$65K

Average Grant

$9K

Median Grant

$10K

Unique Recipients

Most Common Grant

$3K

Grant Disbursements by Year

Grant Range

Min$2K

Max$19K

Median: $10K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

NJ$62K (6)

Past Grantees

Recipient	Location	Amount	Year
Sundry Organized CharitiesReligious and educational	Lakewood, NJ	$15K	2023
Beth Jacob Of JerusalemEDUCATIONAL	Jerusalem	$3K	2020
The Djc FundEDUCATIONAL	Lakewood, NJ	$3K	2020
Bnos MelechEDUCATIONAL	Lakewood, NJ	$2K	2020