Jeffrey Charitable Foundation is located in Monsey, NY. The organization was established in 2017. 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. Jeffrey Charitable 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 06/2023, Jeffrey Charitable Foundation generated $276.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.8%) each year. All expenses for the organization totaled $168.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Jeffrey Charitable Foundation has awarded 67 individual grants totaling $777,350. 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
THE FOUNDATION IS SOLELY ENGAGED IN GRANT-MAKING ACTIVITIES AND IS FOLLOWING THE SPECIAL RULE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lazar Muller Trustee | 1 | $0 | |
Naomi Muller Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $26,699 |
| 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 | $276,699 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $279 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12 |
| Total operating and administrative expenses | $291 |
| Contributions, gifts, grants paid | $168,100 |
| Total expenses and disbursements | $168,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,800 |
| Savings and temporary cash investments | $1,102,696 |
| 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 | $18,360 |
| 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 | $1,166,856 |
| 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, Jeffrey Charitable Foundation has awarded $168,100 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
MOSDOS CHERNOBEL PURPOSE: RELIGIOUS | $18,300 |
TOV V'CHESED FOUNDATION PURPOSE: ASSISTANCE TO INDIGENT FAMILIES | $7,000 |
BINYAN YERUSHALAYEM PURPOSE: ORTHODOX SYNAGOGUE | $10,000 |
AHAVAS CHESED PURPOSE: SUPPORT FOR NEEDY FAMILIES | $2,000 |
MERKAZ HAKOLELIM PURPOSE: ADVANCED STUDY OF THE TALMUD AND RABBINIC LITERATURE | $2,100 |
OHR VDAAS PURPOSE: EDUCATION FOR CHILDREN WITH SPECIAL NEEDS | $3,600 |