Jif Loan Society Inc
- Assets
- $244.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/2016
- Data as of
- 12/2022
- EIN
- 81-1109483
Organization Overview
Jif Loan Society Inc is located in Brooklyn, NY. The organization was established in 2016. According to its NTEE Classification (T31) the organization is classified as: Community 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. Jif Loan Society Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Jif Loan Society Inc has awarded 11 individual grants totaling $5,978,745. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FINANCIAL ASSISTANCE TO ORGANIZATIONS OPERATING FOR CHARITABLE, RELIGIOUS, OR EDUCATIONAL PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chaim Sekula Officer | 0 | $0 | |
Sheya Stern Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $32,952 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $270,952 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,674 |
| Other assets | $0 |
| Total assets | $244,654 |
| Total liabilities | $0 |
| Net assets or fund balances | $244,654 |
Grants Awarded
Over the last fiscal year, Jif Loan Society Inc has awarded $587,745 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN FRIENDS OF ISRAEL OR | | | $400,000 |
KHAL BEIS ABA | | | $112,745 |
VARIOUS | | | $75,000 |