Kariti Family Foundation Trust
- Assets
- $10.1k
- Revenue
- $220.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Jackson, NJ
- Founding
- 03/2015
- Data as of
- 11/2023
- EIN
- 47-2501069
Organization Overview
Kariti Family Foundation Trust is located in Jackson, NJ. The organization was established in 2015. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kariti Family Foundation Trust 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 11/2023, Kariti Family Foundation Trust generated $220.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $206.6k during the year ending 11/2023. While expenses have increased by 1.8% 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.
Since 2015, Kariti Family Foundation Trust has awarded 153 individual grants totaling $2,005,606. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Oded Kariti Trustee | 0.1 | $0 | |
Gabriel Yotvat Kariti Trustee | 0.1 | $0 | |
Jason Hersko Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $220,000 |
| 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 | $220,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $206,610 |
| Total expenses and disbursements | $206,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,135 |
| 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 | $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 | $10,135 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $391,519 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $391,519 |
Grants Awarded
Over the last fiscal year, Kariti Family Foundation Trust has awarded $206,610 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVAS TZEDAKA PURPOSE: TO ASSIST THE POOR AND INDIGENT | $1,180 |
BONEI OLAM PURPOSE: TO ASSIST THE POOR AND INDIGENT | $10,000 |
MESAMCHE LEV PURPOSE: TO ASSIST THE POOR AND INDIGENT | $1,800 |
OZER DALIM PURPOSE: TO ASSIST THE POOR AND INDIGENT | $180 |
CONG CHASDEI YITZCHOK PURPOSE: TO ASSIST THE POOR AND INDIGENT | $1,000 |
MOSDOS RABBAINU NACHUM MESHADYK PURPOSE: TO ASSIST THE POOR AND INDIGENT | $180,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A J Y W Foundation Brooklyn, NY | $284,555 | $66 |
Kariti Family Foundation Trust Jackson, NJ | $10,135 | $220,000 |
Ll & Elizabeth C Biddle Charitable Foundation Pittsburgh, PA | $987,937 | $251,779 |
Ellen And Andrew G Celli Foundation Inc New York, NY | $523,421 | $47,177 |
Paulits Foundation Inc Berwyn, PA | $164,400 | $982 |
Shefa Yamim Foundation Teaneck, NJ | $0 | $0 |
Collazo Private Fdn-Black Rock Pennington, NJ | $880 | $23 |