Yeshiva Endowment Foundation Inc
- Assets
- $34.9m
- Revenue
- $4.4m
- Investments
- $25.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1946
- Data as of
- 06/2022
- EIN
- 13-1790758
Organization Overview
Yeshiva Endowment Foundation Inc is located in New York, NY. The organization was established in 1946. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Endowment Foundation 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 06/2022, Yeshiva Endowment Foundation Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.9% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yeshiva Endowment Foundation Inc has awarded 16 individual grants totaling $15,890,451. 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
ENDOWMENTS FOR THE BENEFIT OF YESHIVA UNIVERSITY AND THE RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENDOWMENTS FOR THE BENEFIT OF YESHIVA UNIVERSITY AND THE RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY.
DIRECT STUDENT EDUCATIONAL AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Dr Ari D Berman President-Director | OfficerTrustee | 1 | $0 |
Andrew Lauer Vp-Secty-General Counsel | Officer | 1 | $0 |
Jacob Harman Vp-Treasurer-Cfo | Officer | 1 | $0 |
Moshael J Straus Director-Chair | Trustee | 1 | $0 |
Ludwig Bravmann Director | Trustee | 1 | $0 |
Philip Friedman Director | Trustee | 1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $192,290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,233,916 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,426,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,560,228 |
| Grants and other assistance to domestic individuals. | $30,591 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $58,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $1,649,365 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $8,691,199 |
| Investments—other securities | $25,615,140 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $581,233 |
| Total assets | $34,887,572 |
| Accounts payable and accrued expenses | $2,750 |
| 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 | $2,750 |
| Net assets without donor restrictions | $1,667,958 |
| Net assets with donor restrictions | $33,216,864 |
| 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 | $34,887,572 |
Grants Awarded
Over the last fiscal year, Yeshiva Endowment Foundation Inc has awarded $1,560,228 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
YESHIVA UNIVERSITY PURPOSE: EDUCATION | $1,267,829 |
RABBI ISAAC ELCHANAN THEOLOGICAL SEMINARY PURPOSE: EDUCATION | $292,399 |