Shemen Foundation Inc

Organization Overview

Shemen Foundation Inc is located in Lakewood, NJ. The organization was established in 2018. 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. Shemen Foundation 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 12/2022, Shemen Foundation Inc generated $52.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $153.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Shemen Foundation Inc has awarded 62 individual grants totaling $604,769. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $51,734
Interest on Savings $319
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 $52,053

Grants Awarded

Over the last fiscal year, Shemen Foundation Inc has awarded $146,560 in support to 24 organizations.

Grant RecipientAmount

AMERICAN FRIENDS OF RABBINICAL COLL

PURPOSE: FINANCIAL SUPPORT

$1,850

AMERICAN FRIENDS OF YESHIVA D'MIR I

PURPOSE: FINANCIAL SUPPORT

$9,783

CONGREGATION TOLDOS YAAKOV YOSEF

PURPOSE: FINANCIAL SUPPORT

$20,500

BAIS ROCHEL

PURPOSE: FINANCIAL SUPPORT

$2,100

CHARIDY INC

PURPOSE: FINANCIAL SUPPORT

$1,811

CONGREGATION ADAS VIEN INC

PURPOSE: FINANCIAL SUPPORT

$1,485
View Grant Profile

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Mabel Pew Myrin Trust
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$54,766,872
Walder Family Foundation
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$4,224,649
Neubauer Family Foundation
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$48,903,279
Sweet Water Tr
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$2,914

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