Best Of Chai Corp

Organization Overview

Best Of Chai Corp is located in Somers Point, 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. Best Of Chai Corp 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 06/2024, Best Of Chai Corp generated $216.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $275.5k during the year ending 06/2024. While expenses have increased by 1.2% per year over the past 6 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 2019, Best Of Chai Corp has awarded 47 individual grants totaling $1,436,600. 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)Compensation
Martin Wood
Trustee
$0
Herb Stern
Trustee
$0
Kenneth Mackler
Trustee
$0
Robert Kiejdan
Trustee
$0
Heidi Mae
Trustee
$0
Louis Blumberg
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $134,004
Net Rental Income$0
Net Gain on Sale of Assets $82,504
Capital Gain Net Income $82,504
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $216,508

Grants Awarded

Over the last fiscal year, Best Of Chai Corp has awarded $228,000 in support to 11 organizations.

Grant RecipientAmount

BOYS & GIRLS CLUB OF ATLANTIC CITY

PURPOSE: UNRESTRICTED

$0

COMMUNITY FOOD BANK OF NJ INC

PURPOSE: UNRESTRICTED

$18,000

JEWISH FAMILY SERVICE

PURPOSE: UNRESTRICTED

$48,000

JEWISH COMMUNITY CENTER OF MARGATE

PURPOSE: UNRESTRICTED

$36,000

JEWISH OLDER ADULT SERVICES OF ATLANTIC COUNTY

PURPOSE: UNRESTRICTED

$36,000

SISTER JEANS KITCHEN

PURPOSE: UNRESTRICTED

$18,000
View Grant Profile

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$57,361,611
Big East Conference Inc
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$87,597,818
Pnc Foundation
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$16,995,469
Oberkotter Foundation
Philadelphia, PA
$23,009,013
The Tepper Foundation
Short Hills, NJ
$197,392,418
The Wallace Foundation
New York, NY
$138,837,624
Leon Levy Foundation
New York, NY
$25,662,391
The Grace And Mercy Foundation Inc
New York, NY
-$40,912,250
Stanley Family Foundation
Briarcliff Manor, NY
$51,915,471
Aurora Foundation
Wilmington, DE
-$6,535,618
Prudential Foundation Inc
Newark, NJ
$32,401,528
Pepsico Foundation Inc
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$68,948,665
Dietrich Foundation
Pittsburgh, PA
$82,615,692
Pinkerton Foundation
New York, NY
$13,020,940
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
Pfizer Foundation Inc
New York, NY
$17,676,677
Hess Foundation Inc
Parsippany, NJ
$21,567,732
J Howard Pew Freedom Tr
Philadelphia, PA
$89,113,222
Arnhold Foundation Inc
New York, NY
$18,361,550
Mccune Foundation
Pittsburgh, PA
$21,180,909
Peter G Peterson Foundation
New York, NY
$50,280,779

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