Sinai Temple Endowment Trust

Organization Overview

Sinai Temple Endowment Trust is located in Springfield, MA. The organization was established in 1979. According to its NTEE Classification (T90) the organization is classified as: Named Trusts 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. Sinai Temple Endowment 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 06/2021, Sinai Temple Endowment Trust generated $26.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $76.1k during the year ending 06/2021. While expenses have increased by 3.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSURE THE PERMANENCE OF SINAI TEMPLE, INC

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST'S PURPOSE IS LIMITED BY ITS CHARTER TO SUPPORT SINAI TEMPLE, INC., #04-2108320, A RECOGNIZED EXEMPT RELIGIOUS SYNAGOGUE.


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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$1,078
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,078
Total Program Service Revenue$0
Investment income $24,900
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 $25,978

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Sinai Temple Endowment Trust has recieved totaling $42,612.

Awarding OrganizationAmount
Jewish Federation Of Western Massachusetts Inc

Springfield, MA

PURPOSE: GENERAL SUPPORT

$42,612
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,600,015
Earnings$458,109
Net Contributions$1,078
Grants-$76,100
Ending Balance$1,983,102

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