American Friends Of Chasdei Yosef Inc is located in Brooklyn, NY. The organization was established in 2000. 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. American Friends Of Chasdei Yosef 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 03/2022, American Friends Of Chasdei Yosef Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.7m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Friends Of Chasdei Yosef Inc has awarded 34 individual grants totaling $2,304,500. 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
OUR PURPOSE IS TO PROVIDE FOOD FOR THE INDIGENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED GRANTS TO FOOD AND OTHER CHARITY PROGRAMS WORLD-WIDE.
WE PROVIDED AID TO POOR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Moshe Deutch President | Trustee | 15 | $0 |
Morris Kaff Vice Preside | Trustee | $0 | |
Moses A Rosenberg Secretary | Trustee | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,670,555 |
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 | $1,670,555 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $5,960 |
Grants and other assistance to Foreign Orgs/Individuals | $1,121,000 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,469 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,500 |
Office expenses | $10,632 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,939 |
Travel | $15,985 |
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 | $3,200 |
Insurance | $1,715 |
All other expenses | $0 |
Total functional expenses | $1,673,995 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $388,342 |
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 | $1,000,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $903,250 |
Total assets | $2,308,925 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $2,308,925 |
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 |
Total liabilities and net assets/fund balances | $2,308,925 |
Over the last fiscal year, American Friends Of Chasdei Yosef Inc has awarded $470,800 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
BINYAN YERUSHLAIM PURPOSE: FOOD FOR INDIGENT | $25,000 |
CONGREGATION AHAVAS TZDOKAH VCHESED PURPOSE: FOOD FOR INDIGENT | $90,000 |
YESHIVA TORAS YISRAEL PURPOSE: EDUCATION | $38,800 |
FRIENDS OF JERUSALEM PURPOSE: FOOD FOR INDIGENT | $60,000 |
FEDERATION OF JEWISH COMMUNITIES OF PURPOSE: FOOD FOR INDIGENT | $257,000 |