Chasdei Shimon Foundation
- Assets
- $2.3m
- Revenue
- $190.2k
- Investments
- $2.1m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2006
- Data as of
- 12/2023
- EIN
- 20-2050189
Organization Overview
Chasdei Shimon Foundation is located in Brooklyn, NY. The organization was established in 2006. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chasdei Shimon 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 12/2023, Chasdei Shimon Foundation generated $190.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $159.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chasdei Shimon Foundation has awarded 52 individual grants totaling $398,774. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $197,071 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$17,699 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,800 |
| Total Revenue | $190,172 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,558 |
| Taxes | $3,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,016 |
| Contributions, gifts, grants paid | $130,231 |
| Total expenses and disbursements | $159,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $100,473 |
| 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 | $1,918,951 |
| Investments—other | $125,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $148,720 |
| Total assets | $2,323,895 |
| 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, Chasdei Shimon Foundation has awarded $130,231 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ASEI TOV PURPOSE: GENERAL | $250 |
BELZ INSTITUTIONS IN ISRAEL PURPOSE: GENERAL | $180 |
BELZ - SLAN GIMIL CONG PURPOSE: GENERAL | $51,000 |
BELA - TOMS RIVER PURPOSE: GENERAL | $1,000 |
BNOS BINAH SCHOOL PURPOSE: GENERAL | $200 |
BNOS YAAKOV PURPOSE: GENERAL | $800 |