Zn Gemilas Chesed Foundation
- Assets
- $3.1m
- Revenue
- $215.9k
- Investments
- $2.9m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/2004
- Data as of
- 12/2022
- EIN
- 11-3521335
Organization Overview
Zn Gemilas Chesed Foundation is located in Brooklyn, NY. The organization was established in 2004. 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. Zn Gemilas Chesed Foundation 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, Zn Gemilas Chesed Foundation generated $215.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (17.7%) each year. All expenses for the organization totaled $189.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Zn Gemilas Chesed Foundation has awarded 242 individual grants totaling $930,798. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Neuschlos Trustee | 5 | $0 | |
Shaindy Neuschlos Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $174,798 |
| Interest on Savings | $4,834 |
| Dividends & Interest | $30,427 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,862 |
| Capital Gain Net Income | $5,862 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $215,921 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,301 |
| Total operating and administrative expenses | $3,301 |
| Contributions, gifts, grants paid | $186,504 |
| Total expenses and disbursements | $189,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,932 |
| Savings and temporary cash investments | $136,044 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,946,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,109,771 |
| 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, Zn Gemilas Chesed Foundation has awarded $186,504 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
BETH CHANA PURPOSE: CHARITABLE | $2,000 |
CONG BELZ PURPOSE: CHARITABLE | $122 |
CONG NACHLAS MOSHE PURPOSE: CHARITABLE | $860 |
CONG KEHILATH YAKOV PURPOSE: CHARITABLE | $370 |
CONG SDEI YAKOV SQUARE PURPOSE: CHARITABLE | $1,000 |
CONG ARUGATH HABOSEM PURPOSE: CHARITABLE | $50 |