Shalom Family Charitable Foundation
- Assets
- $790.5k
- Revenue
- $42.1k
- Investments
- $717.7k
- Employees
- 0
- Location
- Needham, MA
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 20-7476594
Organization Overview
Shalom Family Charitable Foundation is located in Needham, MA. The organization was established in 2009. 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. Shalom Family Charitable 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, Shalom Family Charitable Foundation generated $42.1k 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 (14.3%) each year. All expenses for the organization totaled $235.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shalom Family Charitable Foundation has awarded 209 individual grants totaling $1,150,284. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Shalom Trustee | 0 | $0 | |
Deborah Shalom Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,044 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,744 |
| Capital Gain Net Income | $19,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,269 |
| Total Revenue | $42,092 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $192 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,062 |
| Total operating and administrative expenses | $17,504 |
| Contributions, gifts, grants paid | $217,770 |
| Total expenses and disbursements | $235,274 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $717,671 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $72,818 |
| Total assets | $790,489 |
| 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 | $31,826 |
| Total liabilities | $31,826 |
Grants Awarded
Over the last fiscal year, Shalom Family Charitable Foundation has awarded $217,770 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ADL PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $173,911 |
BETH ISRAEL PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $20,000 |
COMBINED JEWISH PHILANTHROPIES PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $5,000 |
TEMPLE EMANUEL PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $8,979 |
DANA FARBER PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $2,500 |
HOLE IN THE WALL GANG PURPOSE: CONTRIBUTION FOR UNRESTRICTED PURPOSES | $2,625 |