Ebg Charitable Foundation
- Assets
- $1.6m
- Revenue
- $358.9k
- Investments
- $891.6k
- Employees
- 0
- Location
- Monsey, NY
- Founding
- 11/2017
- Data as of
- 12/2023
- EIN
- 82-2512506
Organization Overview
Ebg Charitable Foundation is located in Monsey, NY. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public 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. Ebg Charitable 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 12/2023, Ebg Charitable Foundation generated $358.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $118.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ebg Charitable Foundation has awarded 28 individual grants totaling $370,900. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Gelber Trustee | 0 | $0 | |
Basha Gelber Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $350,000 |
| Interest on Savings | $3,435 |
| Dividends & Interest | $6,524 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,038 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $358,921 |
| 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 | $6,896 |
| Contributions, gifts, grants paid | $111,600 |
| Total expenses and disbursements | $118,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,889 |
| 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 | $257,500 |
| 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 | $400,000 |
| Total assets | $1,590,021 |
| 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, Ebg Charitable Foundation has awarded $111,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
KOLEL KEHILATH YAKOV PUPA PURPOSE: CHARITY | $3,600 |
CHABAD OF OLYMPIA MONSEY NY INC PURPOSE: CHARITY | $64,000 |
CONG KEHILATH YAKOV PUPA OF MONSEY PURPOSE: CHARITY | $12,000 |
KESSER BAIS YAKOV PURPOSE: CHARITY | $12,000 |
THE OJC FUND PURPOSE: CHARITY | $10,000 |
CONG AHAVAS TZDOKAH VCHESED PURPOSE: CHARITY | $10,000 |