Chaim Maleh Foundation
- Assets
- $774.9k
- Revenue
- $134.9k
- Investments
- $449.1k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 82-6707355
Organization Overview
Chaim Maleh Foundation is located in Brooklyn, NY. 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. Chaim Maleh 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, Chaim Maleh Foundation generated $134.9k 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 (21.8%) each year. All expenses for the organization totaled $271.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Chaim Maleh Foundation has awarded 373 individual grants totaling $1,924,985. 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) | Role | Hours | Compensation |
|---|---|---|---|
Chaim Justman President | 0.1 | $0 | |
Mali Justman Treasurer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $121,369 |
| Interest on Savings | $0 |
| Dividends & Interest | $20,039 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$6,553 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $134,855 |
| 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 | $20 |
| Printing and publications | $0 |
| Other expenses | $3,668 |
| Total operating and administrative expenses | $3,688 |
| Contributions, gifts, grants paid | $268,100 |
| Total expenses and disbursements | $271,788 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $325,757 |
| 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 | $200,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $774,893 |
| Accounts payable and accrued expenses | $7,950 |
| 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 | $7,950 |
Grants Awarded
Over the last fiscal year, Chaim Maleh Foundation has awarded $268,100 in support to 71 organizations.
| Grant Recipient | Amount |
|---|---|
A TIME PURPOSE: TO ASSIST INDIGENT FAMILIES | $200 |
AHAVAS CHESED LAKEWOOD PURPOSE: TO ASSIST INDIGENT FAMILIES | $50 |
AID LSHALOM PURPOSE: TO ASSIST INDIGENT FAMILIES | $180 |
AHAVAS TZEDAKA VCHESED PURPOSE: TO FURTHER JEWISH EDUCATION | $1,200 |
AMERICAN FRIENDS OF SFATH EMES PURPOSE: FURTHER JEWISH EDUCATION | $15,500 |
AREIVIM USA PURPOSE: TO ASSIST INDIGENT FAMILIES | $408 |