Donors Fund Inc

Organization Overview

Donors Fund Inc is located in Lakewood, NJ. The organization was established in 2016. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2019, Donors Fund Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Donors Fund Inc generated $27.0m in total revenue. All expenses for the organization totaled $25.0m during the year ending 12/2019. While expenses have increased by 82.5% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

TO SIMPLIFY AND THEREBY ENCOURAGE BENEVOLENT PHILANTHROPY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO ORGANIZATIONS IN ACCORDANCE WITH THE ORGANIZATIONS PRIMARY EXEMPT PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Ahron Schlesinger
CEO
$127,500
Yakov Travis
COO
$59,695
Shalom Gluck
President
$0
Moshe Schlesinger
Director
$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$26,893,726
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,893,726
Total Program Service Revenue$0
Investment income $107,185
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 $27,000,911

Grants Awarded

Over the last fiscal year, Donors Fund Inc has awarded $10,510,502 in support to 388 organizations.

Grant RecipientAmount

AHAVAS TZEDOKOS CORP

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL SUPPORT

$1,112,437

TOMCHEI TZEDAKA CORP

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL SUPPORT

$609,458

CONGREGATION AHAVAS CHESED & TORAH

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL SUPPORT

$456,302

CONGREGATION BAIS YOSEF KLEINVERDAN INC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$201,000

CONGREGATION CHEVRA SHAS INC

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL SUPPORT

$181,744

CONGREGATION ZICHRONE BINYAMIN

Org PageRecipient Profile

Lakewood, NJ

PURPOSE: GENERAL SUPPORT

$177,296
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Donors Fund Inc has recieved totaling $76,718.

Awarding OrganizationAmount
Jewish Communal Fund

New York, NY

PURPOSE: General support

$60,390
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$16,328
View Grant Recipient Profile

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