Daily Giving Inc
- Assets
- $1.8m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 1
- Location
- Teaneck, NJ
- Founding
- 07/2018
- Data as of
- 12/2022
- EIN
- 83-0829905
Organization Overview
Daily Giving Inc is located in Teaneck, NJ. The organization was established in 2018. 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. Daily Giving Inc 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, Daily Giving Inc generated $5.1m in total revenue. All expenses for the organization totaled $4.5m during the year ending 12/2022.
Since 2020, Daily Giving Inc has awarded 12 individual grants totaling $274,918. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED FUNDS TO 60 BENEFICIARY ORGANIZATIONS WHOSE PURPOSES INCLUDE:SUPPORTING FAMILIES FINANCIALLY WITH FOOD, CLOTHING, SHELTER; EDUCATIONAL ASSISTANCE; MEDICAL ASSISTANCE; FERTILITY ASSISTANCE; PSYCHOLOGICAL ASSISTANCE, GRIEF COUNSELING, RESPITE SERVICES; BURIAL SERVICES; RESCUE SERVICES; YOUTH ENGAGEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Donath President | OfficerTrustee | 30 | $0 |
Deborah Greene-Strossberg Director | Trustee | 2 | $0 |
Shaul Hen Director | Trustee | 2 | $0 |
Arieh Friedner COO | Officer | 40 | $74,926 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,071,459 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,071,459 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,071,459 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,725,286 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $63,719 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,852 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,350 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $82,500 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,828 |
| Advertising and promotion | $206,211 |
| Office expenses | $22,766 |
| Information technology | $30,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,943 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,519,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,827,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,827,930 |
| Accounts payable and accrued expenses | $19,300 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,300 |
| Net assets without donor restrictions | $1,808,630 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,827,930 |
Grants Awarded
Over the last fiscal year, Daily Giving Inc has awarded $274,918 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
A TIME PURPOSE: FERTILITY ASSISTANCE | $24,655 |
AFMDA PURPOSE: AMBULANCE SERVICE | $22,249 |
AISH HATORAH PURPOSE: EDUCATION | $21,619 |
AMUDIM PURPOSE: CRISIS ASSISTANCE | $22,187 |
AVIGDORS HELPING HAND PURPOSE: ASSISTANCE TO ORPHANS | $24,929 |
BONEI OLAM PURPOSE: FERTILITY ASSISTANCE | $25,185 |