Rodef Chesed
- Assets
- $766.8k
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/2010
- Data as of
- 06/2022
- EIN
- 37-1587428
Organization Overview
Rodef Chesed is located in Brooklyn, NY. The organization was established in 2010. According to its NTEE Classification (T30) the organization is classified as: Public 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. Rodef Chesed 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, Rodef Chesed generated $8.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $7.6m during the year ending 06/2022. While expenses have increased by 33.5% per year over the past 8 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.
Since 2015, Rodef Chesed has awarded 66 individual grants totaling $6,087,310. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE FUNDS TO NON-PROFIT ORGANIZATIONS WHO ARE EXEMPT UNDER SECTION 501 C 3 OF THE INTERNAL REVENUE CODE OR THE EQUIVALENT, THEREOF IN FOREIGN COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISTRIBUTE FUNDS TO NON-PROFIT ORGANIZATIONS WHO ARE EXEMPT UNDER SECTION 501 C 3 OF THE INTERNAL REVENUE CODE OR THE EQUIVALENT, THEREOF IN FOREIGN COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shlomie Porgesz Executive Dir. | Trustee | 10 | $0 |
Yitzchok Weber Director | Trustee | 0 | $0 |
Isaac Bronner Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,077,248 |
| 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 | $8,077,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $3,429,823 |
| 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 | $4,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $53,903 |
| Office expenses | $32,841 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,825 |
| Travel | $62,900 |
| 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 | $7,649,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,574 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,250 |
| Total assets | $766,824 |
| 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 | $87,700 |
| Other liabilities | $0 |
| Total liabilities | $87,700 |
| Net assets without donor restrictions | $679,124 |
| 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 | $679,124 |
Grants Awarded
Over the last fiscal year, Rodef Chesed has awarded $2,404,789 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CONG MERKAS OLUMI PURPOSE: TO ASSIST THE NEEDY | $25,240 |
CONGREGATION AHAVAS TZDOKAH V PURPOSE: TO ASSIST THE NEEDY | $38,575 |
AVRAHAM EZKOR PURPOSE: TO ASSIST THE NEEDY | $300,000 |
BINYAN YERUSHLAIM PURPOSE: TO ASSIST THE NEEDY | $70,000 |
CONGREGATION MACHNA SHALVA PURPOSE: TO ASSIST THE NEEDY | $60,000 |
CONGREGATION TIFERES YAAKOV PURPOSE: TO ASSIST THE NEEDY | $51,611 |