Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Rs Foundation Inc. is a private corporation based in MONSEY, NY. The foundation received its IRS ruling in 2022. It holds total assets of $344K. Annual income is reported at $300K. Total assets have grown from $104K in 2020 to $344K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of religion. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. According to available records, Rs Foundation Inc. has made 15 grants totaling $339K, with a median grant of $20K. Annual giving has grown from $6K in 2020 to $112K in 2023. Grantmaking activity was highest in 2022 with $144K distributed across 3 grants. Individual grants have ranged from $4K to $75K, with an average award of $23K. The foundation has supported 12 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Rs Foundation Inc. primarily funds organizations in the area of religion. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY.
Rs Foundation Inc. has distributed a total of $339K across 15 grants. The median grant size is $20K, with an average of $23K. Individual grants have ranged from $4K to $75K.
Rs Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Rs Foundation Inc. is headquartered in MONSEY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rifka Schwartz | DIRECTOR | $0 | $0 | N/A |
| Herman I Iatob | DIRECTOR | $0 | $0 | N/A |
| Jacob Mermelstein | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$344K
Fair Market Value
N/A
Net Worth
$344K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
15
Total Giving
$339K
Average Grant
$23K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Congregation Imrie Chein DelaynRELIGIOUS ORGANIZATION | Monsey, NY | $50K | 2023 |
| Congregation Yl SouthRELIGIOUS ORGANIZATION | Brooklyn, NY | $24K | 2023 |
| Bais Hamedrish Netzach YisroelRELIGIOUS ORGANIZATION | Monsey, NY | $18K | 2023 |
| Congregation Chochmas ShlomeRELIGIOUS ORGANIZATION | Brooklyn, NY | $10K | 2023 |
| Congregation Yesheos YakovRELIGIOUS ORGANIZATION | Monsey, NY | $6K | 2023 |
| Congregation Yetevlev Of MonseyRELIGIOUS ORGANIZATION | Monsey, NY | $4K | 2023 |
| Cong Ateles ShalomRELIGIOUS ORGANIZATION | New York, NY | $35K | 2022 |
| Congregation Chochamas ShlomeRELIGIOUS ORGANIZATION | Spring Valley, NY | $21K | 2021 |
| Congregation MesivtaRELIGIOUS ORGANIZATION | Brooklyn, NY | $20K | 2021 |
| Myutzer HayeshivosRELIGIOUS ORGANIZATION | Brooklyn, NY | $20K | 2021 |
| Congregation Yeshens YakovRELIGIOUS ORGANIZATION | Monsey, NY | $13K | 2021 |
| Congregation Ahavat ShalomRELIGIOUS ORGANIZATION | Monsey, NY | $6K | 2020 |