Otzar Hachesed Foundation Trust

Organization Overview

Otzar Hachesed Foundation Trust is located in Lawrence, NY. The organization was established in 2018. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Otzar Hachesed Foundation Trust 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 12/2021, Otzar Hachesed Foundation Trust generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 52.1% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 47.9% per year over the past 4 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 2018, Otzar Hachesed Foundation Trust has awarded 223 individual grants totaling $5,927,080. 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
Blimy Weiss
Trustee
$0
Shlomo Weiss
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,207,573
Interest on Savings $70
Dividends & Interest $332
Net Rental Income$0
Net Gain on Sale of Assets $5,382
Capital Gain Net Income $5,382
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,213,357

Grants Awarded

Over the last fiscal year, Otzar Hachesed Foundation Trust has awarded $3,217,570 in support to 70 organizations.

Grant RecipientAmount

Brooklyn, NY

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$610,000

ROFEH CHOLIM CANCER SOCIETY INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$339,200

Brooklyn, NY

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$328,000

MOSDOS BOTOSHAN INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$256,250

MISCELLANEOUS ORGANIZED CHARITIES

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$184,899

SHAVEI HEVRON INSTITUTIONS

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL

$125,400
View Grant Profile

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