Shamayim Foundation
- Assets
- $3.9m
- Revenue
- $278.1k
- Investments
- $3.3m
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 46-3006123
Organization Overview
Shamayim Foundation is located in Miami Beach, FL. The organization was established in 2013. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Shamayim 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 12/2023, Shamayim Foundation generated $278.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $222.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Shamayim Foundation has awarded 272 individual grants totaling $1,920,061. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Kest President | 40 | $24,200 | |
Sima Feiger Treasurer | 2 | $9,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,601 |
| Interest on Savings | $100 |
| Dividends & Interest | $106,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $170,123 |
| Capital Gain Net Income | $170,123 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $278,114 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $54,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,031 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $37,565 |
| Total operating and administrative expenses | $107,139 |
| Contributions, gifts, grants paid | $115,110 |
| Total expenses and disbursements | $222,249 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,752 |
| Savings and temporary cash investments | $38,314 |
| 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 | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $501,345 |
| Total assets | $3,880,468 |
| 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, Shamayim Foundation has awarded $115,110 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
YESHIVA OHAVEI TORAH PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $40,000 |
CHABAD OF RIVERDALE PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $3,500 |
YESHIVA OF TELSHE ALUMNI PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $500 |
CONGREGATION ZICHRON MOSHE PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $350 |
YESHIVA RABBI SAMSON RAPHAEL HIRSCH PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $6,000 |
MIAMI BEACH COMMUNITY KOLLEL PURPOSE: PUBLIC SUPPORT OFORGANIZATION MISSION | $15,000 |