American Friends Of Yad Layeled

Organization Overview

American Friends Of Yad Layeled is located in Lakewood, NJ. The organization was established in 1986. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. American Friends Of Yad Layeled 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 12/2021, American Friends Of Yad Layeled generated $178.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $158.2k during the year ending 12/2021. 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

THE ORGANIZATION'S PURPOSE IS TO PROMOTE RELIGIOUS AND CHARITABLE NEEDS WITHIN THE COMMUNITY. THIS IS DONE BY PROVIDING ASSISTANCE TO DESERVING AND NEEDY STUDENTS AND FAMILIES, AND AWARDING GRANTS TO INSTITUTIONS OF RELIGIOUS LEARNING AND CHARITABLE CAUSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FOOD AND SHELTER AND MEDICAL AND OTHER EXPENSES FOR NEEDY FAMILIES, AND SCHOLARSHIPS AND TUTORING FOR NEEDY STUDENTS IN INSTITUTIONS IN THE UNITED STATES.


AWARDED GRANTS TO NETIV BINA, AN INSTITUTION OF RELIGIOUS LEARNING IN ISRAEL, FOR SCHOLARSHIPS AND SUPPORT OF NEEDY STUDENTS.


PROVIDED FOOD, SHELTER, RELIGIOUS NEEDS, AND OTHER EXPENSES FOR NEEDY FAMILIES IN ISRAEL.


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Board, Officers & Key Employees

Name (title)Compensation
Jacob Shulman
President
$0
Yaakov Shulman
Treasurer
$0
Eli Shulman
Vice President
$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$137,130
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$137,130
Total Program Service Revenue$0
Investment income $41,213
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 $178,343

Grants Recieved

Over the last fiscal year, we have identified 2 grants that American Friends Of Yad Layeled has recieved totaling $43,720.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$21,860
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$21,860
View Grant Recipient Profile

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