Anschei Chesed Fund Inc
- Assets
- $72.7k
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 12/2011
- Data as of
- 10/2020
- EIN
- 27-3298862
Organization Overview
Anschei Chesed Fund Inc is located in Brooklyn, NY. The organization was established in 2011. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Anschei Chesed Fund 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 10/2020, Anschei Chesed Fund Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $4.2m during the year ending 10/2020. While expenses have increased by 12.7% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE GRANTS TO EXEMPT ORGANIZATIONS IN THE UNITED STATES AND ABROAD FOR CHARITABLE, EDUCATIONAL AND RELIGIOUS PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES ASSISTANCE TO RELIGIOUS INSTITUTIONS OF HIGHER LEARNING, FAMILIES STRUGGLING WITH POVERTY, INCLUDING BRIDES AND GROOMS, YOUNG MARRIED COUPLES, WIDOWS AND SINGLE PARENT FAMILIES. MEDICAL ASSISTANCE IS ALSO PROVIDED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Patow President | OfficerTrustee | 1 | $0 |
Joseph Soibelman Treasurer | OfficerTrustee | 1 | $0 |
Joseph Yurowitz Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,265,816 |
| Investment income | $0 |
| 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 | $4,265,816 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,291,000 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,984 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,000 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,195,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,666 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $50,000 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $72,666 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $72,666 |
Grants Awarded
Over the last fiscal year, Anschei Chesed Fund Inc has awarded $835,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Jackson, NJ PURPOSE: RELIGIOUS | $470,000 |
Brooklyn, NY PURPOSE: RELIGIOUS | $215,000 |
Brooklyn, NY PURPOSE: RELIGIOUS | $150,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Anschei Chesed Fund Inc has recieved totaling $1,450,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $1,450,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of Robert College Of Istanbul New York, NY | $10,685,892 | $20,101,446 |
American School In London Foundation Princeton, NJ | $2,370,011 | $19,085,987 |
American Community School At Beirut -Lebanon New York, NY | $38,176,805 | $18,283,695 |
Global Hunger Project New York, NY | $18,451,641 | $18,515,873 |
Buildon Inc Stamford, CT | $19,130,694 | $16,459,828 |
Womens World Banking Inc New York, NY | $45,990,561 | $24,725,214 |
Innovation Africa New York, NY | $6,054,720 | $16,340,258 |
Near East Foundation Syracuse, NY | $16,218,674 | $15,526,282 |
Amref Health Africa Inc New York, NY | $11,305,543 | $22,534,673 |
International Schools Services Inc Princeton, NJ | $22,409,212 | $13,743,105 |
British Schools And Universities Foundation Inc New York, NY | $4,352,409 | $13,471,425 |
Istanbul International Community School Inc Princeton, NJ | $19,037,423 | $13,733,005 |