The Ojc Fund

Organization Overview

The Ojc Fund is located in Brooklyn, NY. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2020, Ojc Fund employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Ojc Fund generated $81.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.8% each year . All expenses for the organization totaled $78.2m during the year ending 06/2020. While expenses have increased by 38.3% per year over the past 5 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 2015, Ojc Fund has awarded 6,279 individual grants totaling $290,661,055. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN A DONOR ADVISED FUND BY HONORING OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES TO MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, AND PERSONALLY REWARDING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR RESPONSIBILITY IS TO SERVE OUR FUNDHOLDERS WHO HAVE ENTRUSTED US WITH THEIR CHARITABLE DOLLARS. WE TAKE THIS RESPONSIBILITY VERY SERIOUSLY AND ARE DEDICATED TO TREATING OUR FUNDHOLDERS WITH THE UTMOST INTEGRITY AND RESPECT. OUR DONORS HAVE THE OPPORTUNITY TO RECOMMEND HOW THEIR CHARITABLE CONTRIBUTIONS ARE ALLOCATED TO THE VARIOUS CHARITABLE ORGANIZATIONS. WE HONOR OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES THAT MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, ECONOMICALLY ADVANTAGEOUS, AND PERSONALLY REWARDING. THESE INCLUDE: SIMPLIFYING THE GRANTMAKING PROCESS SO THAT CONTRIBUTIONS FLOW QUICKLY AND EASILY INTO THE CHARITABLE STREAM, SAFEGUARDING CONFIDENTIALITY AND FACILITATING INTERGENERATIONAL PHILANTHROPY


OUR RESPONSIBILITY IS TO SERVE OUR FUNDHOLDERS WHO HAVE ENTRUSTED US WITH THEIR CHARITABLE DOLLARS. WE TAKE THIS RESPONSIBILITY VERY SERIOUSLY AND ARE DEDICATED TO TREATING OUR FUNDHOLDERS WITH THE UTMOST INTEGRITY AND RESPECT. OUR DONORS HAVE THE OPPORTUNITY TO RECOMMEND HOW THEIR CHARITABLE CONTRIBUTIONS ARE ALLOCATED TO THE VARIOUS CHARITABLE ORGANIZATIONS. WE HONOR OUR COMMITMENT TO FUNDHOLDERS BY PROVIDING SERVICES THAT MAKE THEIR CHARITABLE GIVING ADMINISTRATIVELY EFFICIENT, ECONOMICALLY ADVANTAGEOUS, AND PERSONALLY REWARDING. THESE INCLUDE: SIMPLIFYING THE GRANTMAKING PROCESS SO THAT CONTRIBUTIONS FLOW QUICKLY AND EASILY INTO THE CHARITABLE STREAM, SAFEGUARDING CONFIDENTIALITY AND FACILITATING INTERGENERATIONAL PHILANTHROPY


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Board, Officers & Key Employees

Name (title)Compensation
Efraim Sofer
President
$179,256
Kalmen Ekstein
Treasurer
$128,492
Nathan Smaia
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $30,138
All other contributions, gifts, grants, and similar amounts not included above$80,945,555
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$80,975,693
Total Program Service Revenue$0
Investment income $52,107
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$17,237
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,010,563

Grants Awarded

Over the last fiscal year, The Ojc Fund has awarded $147,586,154 in support to 2,652 organizations.

Grant RecipientAmount

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$2,597,914

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$2,597,914

UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC

Org PageRecipient Profile

Monroe, NY

PURPOSE: GENERAL SUPPORT

$1,278,711

UNITED TALMUDICAL ACADEMY OF KIRYAS JOEL INC

Org PageRecipient Profile

Monroe, NY

PURPOSE: GENERAL SUPPORT

$1,278,711

MOSDOT BOTOSHAN INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$1,249,389

MOSDOT BOTOSHAN INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$1,249,389
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that The Ojc Fund has recieved totaling $264,575.

Awarding OrganizationAmount
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$117,781
Nysha Inc

Brooklyn, NY

|

$50,000
Shtesl Family Foundation

Brooklyn, NY

PURPOSE: CHARITABLE

$26,362
Jewish Communal Fund

New York, NY

PURPOSE: General support

$17,682
Weistern Charitable Foundation Inc

Monroe, NY

PURPOSE: GENERAL

$10,000
$10,000
View Grant Recipient Profile

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