Areivim Philanthropic Group Inc
- Assets
- $651.3k
- Revenue
- $924.5k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 03/2007
- Data as of
- 08/2023
- EIN
- 20-8024537
Organization Overview
Areivim Philanthropic Group Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 08/2023, Areivim Philanthropic Group Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Areivim Philanthropic Group Inc 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 08/2023, Areivim Philanthropic Group Inc generated $924.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $643.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Areivim Philanthropic Group Inc has awarded 40 individual grants totaling $4,276,425. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IDENTIFY, ANALYZE, AND STUDY THE ISSUES THAT FACE THE NORTH AMERICAN JEWISH COMMUNITY, PARTICULARLY IN THE AREAS OF FORMAL AND EXPERIENTIAL JEWISH, HEBREW, AND ISRAEL EDUCATION, AND TO DETERMINE AREAS OF PROGRAMMATIC ACTION THROUGH GRANT MAKING AND THE SPONSORSHIP OF PROGRAM DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANT MAKING & SPONSORING PROGRAM DEVELOPMENT: MAKING GRANTS TO SUPPORT JEWISH AND HEBREW EDUCATIONAL CHARITABLE ORGANIZATIONS AND PROGRAMS, RAISING PUBLIC AWARENESS ABOUT JEWISH AND HEBREW EDUCATIONAL AND PHILANTHROPIC INITIATIVES IN NORTH AMERICA AND ISRAEL, COOPERATING WITH OTHER CHARITABLE ORGANIZATIONS WHETHER LOCAL, NATIONAL, OR INTERNATIONAL, FOR ANY FOREGOING PURPOSES, AND CONDUCTING ANY OTHER ACTIVITIES THAT MAY BE NECESSARY, USEFUL, OR DESIRABLE FOR THE FURTHERANCE OR ACCOMPLISHMENT OF THE FOREGOING PURPOSES. IN ADDITION, AS PART OF ITS PROGRAM, THE ORGANIZATION PROVIDES TRAINING SERVICES TO STAFF JEWISH SUMMER CAMPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Bloom Chair | OfficerTrustee | 2 | $0 |
David Gedzelman Secretary & Treasurer | OfficerTrustee | 5 | $0 |
Deborah Hochberg Trustee | Trustee | 1 | $0 |
Eugene Fooksman Trustee | Trustee | 1 | $0 |
Michael Steinhardt Trustee | Trustee | 1 | $0 |
Thom Waye Trustee | Trustee | 1 | $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 | $917,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $917,000 |
| Total Program Service Revenue | $0 |
| Investment income | $7,515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $924,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $134,412 |
| Pension plan accruals and contributions | $4,769 |
| Other employee benefits | $17,773 |
| Payroll taxes | $10,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,600 |
| Fees for services: Accounting | $23,472 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $182,314 |
| Advertising and promotion | $0 |
| Office expenses | $13,171 |
| Information technology | $1,086 |
| Royalties | $0 |
| Occupancy | $28,072 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,990 |
| All other expenses | $78,663 |
| Total functional expenses | $643,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,920 |
| Savings and temporary cash investments | $383,038 |
| Pledges and grants receivable | $221,780 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $600 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $651,338 |
| Accounts payable and accrued expenses | $48,046 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $48,046 |
| Net assets without donor restrictions | $120,715 |
| Net assets with donor restrictions | $482,577 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $651,338 |
Grants Awarded
Over the last fiscal year, Areivim Philanthropic Group Inc has awarded $125,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH FOOD SOCIETY PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $15,000 |
CHABAD FAMILY PROGRAMS OF THE WEST SIDE INC PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $55,000 |
RAMAH DAY CAMP IN NYACK PURPOSE: TO SUPPORT THE ORGANIZATIONS MISSION. | $5,000 |
BRANDEIS UNIVERSITY PURPOSE: JEWISH FOOD SOCIETY SUPPORT GRANT | $50,000 |