Chasdei Shimon Foundation
- Assets
- $2.2m
- Revenue
- $192.9k
- Investments
- $2.1m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-2050189
Organization Overview
Chasdei Shimon Foundation is located in Brooklyn, NY. The organization was established in 2006. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chasdei Shimon Foundation 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, Chasdei Shimon Foundation generated $192.9k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $149.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Chasdei Shimon Foundation has awarded 24 individual grants totaling $254,191. 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $182,009 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,391 |
| Capital Gain Net Income | $5,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,534 |
| Total Revenue | $192,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $1,918 |
| Taxes | $4,293 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $15,490 |
| Contributions, gifts, grants paid | $133,551 |
| Total expenses and disbursements | $149,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,425 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $1,918,951 |
| Investments—other | $125,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $129,591 |
| Total assets | $2,219,415 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Chasdei Shimon Foundation has awarded $133,551 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
YESHIVE MACHZIKEI HADAS PURPOSE: GENERAL | $90,000 |
CONGREGATION BARUCH YECHESKEL PURPOSE: GENERAL | $18,000 |
MOSDOS KOMARNE PURPOSE: GENERAL | $10,000 |
BELZ INSTITUTIONS IN ISRAEL PURPOSE: GENERAL | $6,000 |
YESHIVA KETANA YERUSHALEM SKVERE PURPOSE: GENERAL | $4,000 |
Brooklyn, NY PURPOSE: GENERAL | $1,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chasdei Shimon Foundation has recieved totaling $300.
| Awarding Organization | Amount |
|---|---|
Katz Family Foundation Inc Lakewood, NJ PURPOSE: CHARITABLE | $300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Young Mens And Young Womens Hebrew Association New York, NY | $131,039,386 | $88,362,629 |
Word Of Life Foundation Inc Schroon Lake, NY | $29,167,251 | $32,657,621 |
United States Catholic Conference Braintree, MA | $123,922,758 | $12,241,413 |
The Catholic Foundation Of Greater Philadelphia Philadelphia, PA | $44,939,432 | $23,307,616 |
Jewish Community Foundation Inc Cherry Hill, NJ | $42,600,461 | $8,752,647 |
Episcopal Church Foundation New York, NY | $650,053,865 | $6,623,247 |
American Friends Of Lev Aharon New York, NY | $614,615 | $3,691,815 |
Yaazoru Inc Lakewood, NJ | $191,815 | $3,860,512 |
Jewish Foundation Of Greater New Haven Inc Woodbridge, CT | $82,672,017 | $6,191,311 |
Toras Chesed Inc Lakewood, NJ | $1,591,221 | $3,876,581 |
American Baptist Foundation East Norriton, PA | $193,005,859 | $25,268,594 |
Friends Of Odyssey Impact Inc New York, NY | $9,035,601 | $1,158,270 |