The Ojc Fund

Organization Overview

The Ojc Fund is located in Brooklyn, NY. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2022, Ojc Fund employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ojc Fund 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 06/2022, Ojc Fund generated $268.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.4% each year . All expenses for the organization totaled $245.8m during the year ending 06/2022. While expenses have increased by 48.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ojc Fund has awarded 10,085 individual grants totaling $597,977,380. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN A DONOR ADVISED FUND BY HONORING OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES TO MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, AND PERSONALLY REWARDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR RESPONSIBILITY IS TO SERVE OUR FUNDHOLDERS WHO HAVE ENTRUSTED US WITH THEIR CHARITABLE DOLLARS. WE TAKE THIS RESPONSIBILITY VERY SERIOUSLY AND ARE DEDICATED TO TREATING OUR FUNDHOLDERS WITH THE UTMOST INTEGRITY AND RESPECT. OUR DONORS HAVE THE OPPORTUNITY TO RECOMMEND HOW THEIR CHARITABLE CONTRIBUTIONS ARE ALLOCATED TO THE VARIOUS CHARITABLE ORGANIZATIONS. WE HONOR OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES THAT MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, ECONOMICALLY ADVANTAGEOUS, AND PERSONALLY REWARDING. THESE INCLUDE: SIMPLIFYING THE GRANTMAKING PROCESS SO THAT CONTRIBUTIONS FLOW QUICKLY AND EASILY INTO THE CHARITABLE STREAM, SAFEGUARDING CONFIDENTIALITY AND FACILITATING INTERGENERATIONAL PHILANTHROPY.


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Board, Officers & Key Employees

Name (title)Compensation
Efraim Sofer
President & Chief Executive Officer
$406,055
Kalmen Ekstein
Treasurer & Chief Financial Officer
$370,988
Nathan Smaia
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$268,102,379
Noncash contributions included in lines 1a–1f $1,948,500
Total Revenue from Contributions, Gifts, Grants & Similar$268,102,379
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$31,273
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $268,071,106

Grants Awarded

Over the last fiscal year, The Ojc Fund has awarded $239,617,946 in support to 2,593 organizations.

Grant RecipientAmount

CONGREGATION CHONEN VNOSEN

PURPOSE: GENERAL SUPPORT

$4,275,104

ZICHRON MENACHEM INC

PURPOSE: GENERAL SUPPORT

$2,768,008

KEREN MUGEIN IMOISHEYA

PURPOSE: GENERAL SUPPORT

$3,340,607

MOSDOT BOTOSHAN INC

PURPOSE: GENERAL SUPPORT

$2,508,205

UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC

PURPOSE: GENERAL SUPPORT

$2,436,201

UNITED TALMUDICAL ACADEMY OF BORO PARK

PURPOSE: GENERAL SUPPORT

$2,204,355
View Grant Profile

Peer Organizations

Organization NameAssets
College Board
New York, NY
$1,040,203,098
The Ojc Fund
Brooklyn, NY
$268,071,106
Tntp Inc
New York, NY
$138,770,582
Lawschool Admissions Council Inc
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$91,624,311
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$84,601,875
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$72,786,979
Sponsors For Educational Opportunity Inc
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$45,778,804
Amsterdam House Continuing Care Retirement Community Inc
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$27,650,876
Foundation For City College
New York, NY
$27,910,258
The Achievement Network Ltd
Boston, MA
$42,572,864
Educate Girls
Forest Hills, NY
$10,425,030
Transcend Inc
Hastingsonhudson, NY
$31,035,655
Saga Innovations
Framingham, MA
$28,786,307
Unbounded Learning Inc
New York, NY
$34,479,615
Leadership For Educational Equity
New York, NY
$15,553,361
Education Resource Strategies Inc
Watertown, MA
$17,929,911
Entrepreneurial Ventures In Education
Quincy, MA
$11,949,451
Collier Services
Wickatunk, NJ
$17,139,095
America Achieves Inc
New York, NY
$10,611,210
The Baruch College Fund
New York, NY
$67,294,185
Workforce Outsource Services Inc
Uniondale, NY
$13,533,563
Hyde Leadership Charter School-Brooklyn
Brooklyn, NY
$12,455,097
Zeta Charter Schools Inc
Bronx, NY
$14,078,395
Older Adults Technology Services Inc
New York, NY
$13,257,588
North Star Academy Foundation Inc
New York, NY
$10,832,844

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