Torah Community Fund Inc
- Assets
- $248.7k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Passaic, NJ
- Founding
- 12/2011
- Data as of
- 12/2021
- EIN
- 27-4316702
Organization Overview
Torah Community Fund Inc is located in Passaic, NJ. 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. Torah Community 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 12/2021, Torah Community Fund Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 6.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SUPPORT OF ORTHODOX JEWISH RELIGIOUS COMMUNITIES IN ISRAEL IN CONNECTION WITH A BROAD RANGE OF RELIGIOUS AND SOCIAL WELFARE NEEDS AND ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS IN ACCORDANCE WITH ORGANIZATION'S PRIMARY PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Winter President | OfficerTrustee | 1.25 | $0 |
Alan Gutman Director | Trustee | 0.5 | $0 |
Irv Kreitenberg Director | Trustee | 0.5 | $0 |
Gene Shpilsky Director | Trustee | 0.5 | $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 | $2,350,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,350,349 |
| Total Program Service Revenue | $0 |
| 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 | $2,350,349 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,625 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,019,550 |
| 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 | $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 | $1,245 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282 |
| Advertising and promotion | $97,158 |
| Office expenses | $566 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $669 |
| All other expenses | $0 |
| Total functional expenses | $2,284,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $248,650 |
| 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 | $0 |
| 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 | $248,650 |
| 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 | $100,000 |
| Total liabilities | $100,000 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $148,650 |
| Total liabilities and net assets/fund balances | $248,650 |
Grants Awarded
Over the last fiscal year, Torah Community Fund Inc has awarded $73,625 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY | | $35,000 |
Fallsburg, NY | | $21,625 |
Brooklyn, NY | | $11,000 |
Teaneck, NJ | | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Torah Community Fund Inc has recieved totaling $319,885.
| Awarding Organization | Amount |
|---|---|
Associated Jewish Charities Of Baltimore Baltimore, MD PURPOSE: GENERAL SUPPORT | $214,550 |
Mars Foundation Monsey, NY PURPOSE: CHARITABLE | $39,900 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $31,525 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $13,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $11,505 |
Mahir A & Helene Reiss Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $7,000 |
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 |
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 |
Food Export Usa Northeast Corp Philadelphia, PA | $3,264,678 | $12,183,555 |