Jacob & Malka Fischer Foundation is located in Lakewood, NJ. The organization was established in 2018. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Jacob & Malka Fischer Foundation 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, Jacob & Malka Fischer Foundation generated $182.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $237.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Jacob & Malka Fischer Foundation has awarded 200 individual grants totaling $461,492. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS TO VARIOUS TAX-EXEMPT ORGANIZATIONS QUALIFYING AS SEC. 501(C)(3) CHARITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jacob Fischer Trustee | 1 | $0 | |
Malka Fischer Trustee | 1 | $0 | |
Joel Friedman Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $182,934 |
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 | $182,934 |
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 | $596 |
Total operating and administrative expenses | $596 |
Contributions, gifts, grants paid | $236,470 |
Total expenses and disbursements | $237,066 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,674 |
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 | $1,674 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $254,957 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $254,957 |
Over the last fiscal year, Jacob & Malka Fischer Foundation has awarded $236,470 in support to 42 organizations.
Grant Recipient | Amount |
---|---|
CONGREGATION TIFERET TZVI YEHUDA BL PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $100 |
CONG CHATEAU PARK PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $139,632 |
ROFEH CHOLIM CANCER SOCIETY PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $250 |
JEWISH HERITAGE CENTER INC PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $250 |
TAG INTERNATIONAL INC PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $600 |
TOMCHEI SHABBOS OF LAKEWOOD INC PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE ORGANIZATION | $72 |