Mari Charitable Foundation Inc
- Assets
- $2.2k
- Revenue
- $485.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2016
- Data as of
- 04/2023
- EIN
- 47-4010200
Organization Overview
Mari Charitable Foundation Inc is located in Brooklyn, 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. Mari Charitable 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 04/2023, Mari Charitable Foundation Inc generated $485.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $498.3k during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Mari Charitable Foundation Inc has awarded 204 individual grants totaling $1,722,585. 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 |
|---|---|---|---|
Israel Nachum Director | 1 | $0 | |
Gal Nachum Director | 1 | $0 | |
Ore Nachum Director | 1 | $0 | |
Aviran Nachum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $485,487 |
| 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 | $485,487 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $275 |
| Total operating and administrative expenses | $2,775 |
| Contributions, gifts, grants paid | $495,496 |
| Total expenses and disbursements | $498,271 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,178 |
| 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 | $2,178 |
| 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 | $31,684 |
| Total liabilities | $31,684 |
Grants Awarded
Over the last fiscal year, Mari Charitable Foundation Inc has awarded $495,496 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
TORAH CENTER HIGHER RAB STUDIES INC PURPOSE: CHARITABLE | $51,830 |
CHAI LIFELINE PURPOSE: CHARITABLE | $18,351 |
BONEI OLAM PURPOSE: CHARITABLE | $29,151 |
CONG KINYAN TORAH PURPOSE: CHARITABLE | $26,300 |
MADISON TORAH CENTER PURPOSE: CHARITABLE | $27,837 |
MADISON TORAH CENTER CONGREGATION PURPOSE: CHARITABLE | $24,660 |