So Charitable Tr
- Assets
- $8.3m
- Revenue
- $765.6k
- Investments
- $1.5m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/2002
- Data as of
- 12/2022
- EIN
- 01-0617948
Organization Overview
So Charitable Tr is located in Brooklyn, NY. The organization was established in 2002. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. So Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, So Charitable Tr generated $765.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, So Charitable Tr has awarded 85 individual grants totaling $1,818,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Ross Trustee | 1 | $0 | |
Samuel Offen Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $555,534 |
| Net Rental Income | $210,092 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $765,626 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,020 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $329 |
| Total operating and administrative expenses | $50,197 |
| Contributions, gifts, grants paid | $1,232,200 |
| Total expenses and disbursements | $1,282,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,704,891 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $3,400 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $4,103,923 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $631,875 |
| Investments—other | $832,521 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,276,610 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, So Charitable Tr has awarded $1,232,200 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF CHASDEI LEV PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $5,000 |
AMERICAN FRIENDS OF THE KIEV JEWISH COMMUNITY PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $10,000 |
AMIDEI ZION OF BOBOV INC PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $75,000 |
AMERICAN FRIENDS OF YESHIVA HALACHA LMOSHE INC PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $1,800 |
AMUDIM COMMUNITY RESOURCES INC PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $1,000 |
BINYAN YERUSHLAIM PURPOSE: PAYMENTS FOR ADVANCEMENT OF EDUCATION AND ASSISTANCE TO INDIGENT FAMILIES | $2,500 |