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Tov V Chesed Foundation is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2001. The principal officer is % Jacob Stern. It holds total assets of $7.5M. Annual income is reported at $651K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Tov V Chesed Foundation has made 33 grants totaling $1M, with a median grant of $9K. Annual giving has decreased from $672K in 2022 to $360K in 2023. Individual grants have ranged from $2K to $149K, with an average award of $31K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
Tov V Chesed Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in NY.
Tov V Chesed Foundation has distributed a total of $1M across 33 grants. The median grant size is $9K, with an average of $31K. Individual grants have ranged from $2K to $149K.
Tov V Chesed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tov V Chesed Foundation is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Abraham Stern | Trustee | $0 | $0 | $0 |
Total Giving
$397K
Total Assets
$7.2M
Fair Market Value
$7.2M
Net Worth
$6.5M
Grants Paid
$360K
Contributions
$0
Net Investment Income
$616K
Distribution Amount
$359K
Total Grants
33
Total Giving
$1M
Average Grant
$31K
Median Grant
$9K
Unique Recipients
16
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various OrganizationsCHARITABLE | Brooklyn, NY | $133K | 2023 |
| Brooklyn Talmudical AcademyCHARITABLE | Brooklyn, NY | $72K | 2023 |
| Kollel Lev YaakovCHARITABLE | Brooklyn, NY | $53K | 2023 |
| Mifal Tzeduka V'ChesedCHARITABLE | Brooklyn, NY | $36K | 2023 |
| American Theological InstituteCharitable | Brooklyn, NY | $36K | 2023 |
Other foundations that have funded Tov V Chesed Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| David And Chaya Zahler Foundation Inc. | $130K | 2022 | CHARITABLE |
| David And Chaya Zahler Foundation Inc. | $130K | 2022 | CHARITABLE |
| Simchas David Foundation Trust | $10K | 2022 | CHARITABLE |
| Simchas David Foundation Trust | $10K | 2022 | CHARITABLE |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| Tomchei ShabbosCHARITABLE |
| Brooklyn, NY |
| $18K |
| 2023 |
| Yeshiva Ohr ReuvenCHARITABLE | Suffern, NY | $8K | 2023 |
| Congregation Zichron ShlomoCharitable | Brooklyn, NY | $3K | 2023 |
| Cong Toras ChemedCharitable | Brooklyn, NY | $3K | 2023 |
| Central Charity InstituteCHARITABLE | Brooklyn, NY | $54K | 2022 |
| Meor HatfilahCharitable | Brooklyn, NY | $54K | 2022 |
| Kipas Chasdei Shmuel ZanvilCharitable | Brooklyn, NY | $20K | 2022 |
| Yeshiva Of KashoCHARITABLE | Bedford Hills, NY | $6K | 2022 |
| Yeshiva Of Spring ValleyCharitable | Suffern, NY | $5K | 2022 |
| Congregation Yoel MosheCHARITABLE | Brooklyn, NY | $5K | 2022 |
| Yeshiva Tiferes BunimCharitable | Brooklyn, NY | $2K | 2022 |
| $10K |
| 2019 |
| TO SUPPORT FELLOWSHIP OF THE MISSION. |
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