Ytm Charitable Foundation
- Assets
- $3.2m
- Revenue
- $896.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2010
- Data as of
- 06/2022
- EIN
- 27-1103082
Organization Overview
Ytm Charitable Foundation is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (X30) the organization is classified as: Judaism, 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. Ytm 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 06/2022, Ytm Charitable Foundation generated $896.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $452.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ytm Charitable Foundation has awarded 134 individual grants totaling $1,398,943. 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
CHARITABLE & EDUCATIONALEDUCATIONAL ASSISTANCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gershon Ginsberg Director, Treasurer | 1 | $0 | |
Nechemia Ginsberg Director | 1 | $0 | |
Ahuva Ginsberg Director | 1 | $0 | |
Moshe Ginsberg Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $896,914 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $896,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $257 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,977 |
| Contributions, gifts, grants paid | $450,001 |
| Total expenses and disbursements | $451,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $643,328 |
| 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 | $5,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $2,575,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,223,328 |
| 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 | $126 |
| Total liabilities | $126 |
Grants Awarded
Over the last fiscal year, Ytm Charitable Foundation has awarded $450,001 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
TORAH UMESORAH PURPOSE: TO ASSIST WITH PROGRAM EXPENSES | $270,000 |
MESORAH HERITAGE PURPOSE: TO ASSIST WITH PROGRAM EXPENSES | $100,000 |
Lakewood, NJ PURPOSE: EDUCATIONAL & RELIGIOUS ASSISTANCE | $38,979 |
VARIOUS CHARITIES PURPOSE: CHARITABLE | $10,402 |
KZRYS PURPOSE: TO ASSIST WITH PROGRAM EXPENSES | $10,000 |
Brooklyn, NY PURPOSE: RELIGIOUS ACTIVITIES | $5,200 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ytm Charitable Foundation has recieved totaling $122,000.
| Awarding Organization | Amount |
|---|---|
National Society For Hebrew Day Schools Brooklyn, NY PURPOSE: CHARITABLE | $100,000 |
Aleh Yosef Inc Lakewood, NJ PURPOSE: CONTRIBUTION | $11,000 |
Aleh Yosef Inc Lakewood, NJ PURPOSE: CONTRIBUTION | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society For Hebrew Day Schools Brooklyn, NY | $59,848,219 | $54,168,164 |
Yeshivat Darche Eres Inc Brooklyn, NY | $74,421,556 | $48,431,872 |
The Tzur Foundation Inc Lakewood, NJ | $1,234,936 | $19,381,305 |
Vaad Harabbanim Linyanei Tzeduka Inc Lakewood, NJ | $4,119,545 | $17,392,176 |
Agudath Israel Of America New York, NY | $26,166,707 | $18,320,035 |
Board Of Jewish Education Inc New York, NY | $22,149,407 | $15,139,349 |
Yeshiva Of North Jersey River Edge, NJ | $18,883,224 | $17,432,025 |
American Friends Of Zavat Chalav Inc Airmont, NY | $431,577 | $11,966,923 |
American Friends Of Kupat Hair Inc Brooklyn, NY | $145,923 | $11,317,621 |
European Jewish Association Inc Monsey, NY | $7,886,638 | $11,529,816 |
Aish Global Inc Clifton, NJ | $436,224 | $10,025,335 |
Torah Academy Of Bergen County Teaneck, NJ | $12,608,084 | $11,250,417 |