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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 is governed by 1 officer or trustee. 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 2015 to 2024. Grantmaking is concentrated in New York. 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.
Smallest Grant
$4K
Median Grant
$54K
Average Grant
$48K
Largest Grant
$83K
Based on 10 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.
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 | N/A |
Total Giving
N/A
Total Assets
$7.5M
Fair Market Value
N/A
Net Worth
$6.8M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| American Theological InstituteCharitable | Brooklyn, NY | $36K | 2023 |
| Mifal Tzeduka V'ChesedCHARITABLE | Brooklyn, NY | $36K | 2023 |
| Tomchei ShabbosCHARITABLE | Brooklyn, NY | $18K | 2023 |
| Yeshiva Ohr ReuvenCHARITABLE | Suffern, NY | $8K | 2023 |
| Cong Toras ChemedCharitable | Brooklyn, NY | $3K | 2023 |
| Congregation Zichron ShlomoCharitable | 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 |