Ch Foundation is located in Great Neck, NY. The organization was established in 2016. 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. Ch 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, Ch Foundation generated $125.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $207.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ch Foundation has awarded 256 individual grants totaling $1,527,682. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FUND OTHER 501(C)(3) ORGANIZATIONS AND PROVIDE SUPPORT TO THOSE WHO ARE IN GREATEST NEED, TO PROVIDE FOOD, MONEY, CLOTHING AND MEDICAL TREATMENT.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Omid Hakimi President | 1 | $0 | |
| Matin Hakimi Vice President | 1 | $0 | |
| Ryan Hakimi Treasurer | 1 | $0 | |
| Adam Hakimi Secretary | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $125,000 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $125,000 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $250 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $0 | 
| Total operating and administrative expenses | $1,200 | 
| Contributions, gifts, grants paid | $206,472 | 
| Total expenses and disbursements | $207,672 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,572,007 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Total assets | $1,572,007 | 
| 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 | 
Over the last fiscal year, Ch Foundation has awarded $206,472 in support to 28 organizations.
| Grant Recipient | Amount | 
|---|---|
| AMERICAN FRIENDS OF KOL YEHUDA PURPOSE: EDUCATION | $1,040 | 
| AMERICAN FRIENDS OF MOSDOT NER DAVID INC PURPOSE: EDUCATION | $1,040 | 
| AMERICAN FRIENDS OF TIFFERET RAFAEL PURPOSE: EDUCATION | $26,540 | 
| CHABAD OF THAILAND PURPOSE: EDUCATION | $5,600 | 
| CHAI LIFELINE PURPOSE: EDUCATION | $10,000 | 
| CONGREGATION OF SHAARE DINA PURPOSE: EDUCATION | $10,000 |