Kreisel Family Torah Chesed Educational Fund Inc
- Assets
- $1.4m
- Revenue
- $39.5k
- Investments
- $1.4m
- Employees
- 0
- Location
- Flushing, NY
- Founding
- Data as of
- 12/2023
- EIN
- 46-4901625
Organization Overview
Kreisel Family Torah Chesed Educational Fund Inc is located in Flushing, NY. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kreisel Family Torah Chesed Educational 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 12/2023, Kreisel Family Torah Chesed Educational Fund Inc generated $39.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $114.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kreisel Family Torah Chesed Educational Fund Inc has awarded 15 individual grants totaling $151,600. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE CHARITABLE CONTRIBUTIONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tzvi Liker President | 2.5 | $2,500 | |
Sharon Seligman Director | 0.5 | $1,250 | |
Yehuda Zuller Director | 0.5 | $1,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $40,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,091 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,478 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $387 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,918 |
| Total operating and administrative expenses | $18,305 |
| Contributions, gifts, grants paid | $96,150 |
| Total expenses and disbursements | $114,455 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,570 |
| Savings and temporary cash investments | $7,449 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,394,923 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kreisel Family Torah Chesed Educational Fund Inc has awarded $91,600 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ERETZ HEMDA PURPOSE: SEE NOTE ATTACHED | $9,500 |
ESHEL YERUSHALAYIM PURPOSE: SEE NOTE ATTACHED | $11,500 |
EZER MIZION PURPOSE: SEE NOTE ATTACHED | $8,600 |
MAALIYOT PURPOSE: SEE NOTE ATTACHED | $10,000 |
MINCHAS ASHER PURPOSE: SEE NOTE ATTACHED | $11,150 |
HAKSHIVA PURPOSE: SEE NOTE ATTACHED | $10,000 |