Kolel Torah Inc

Organization Overview

Kolel Torah Inc is located in Brooklyn, NY. The organization was established in 2018. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kolel Torah 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 12/2021, Kolel Torah Inc generated $10.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $10.3m during the year ending 12/2021. While expenses have increased by 28.5% 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.

Since 2018, Kolel Torah Inc has awarded 135 individual grants totaling $25,446,765. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FUND INSTITUTIONS OF HIGHER JEWISH LEARNING, WITH AN EMPHASIS ON ADULT EDUCATION. TO ORGANIZE CLASSES AND SEMNINARS OF JEWISH EDUCATION OR FUND THOSE WHO ARE ALREADY DOING THIS. TO HELP LESS AFFILIATED JEWS. TO FUND ORGANIZATIONS THAT HELP THE LESS FORTUNATE IN ANY CAPACITY, AS WELL AS HELPING INDIVIDUALS IN TIMES OF NEED AND WANT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT AND FUND ORGANIZATION THAT INCREASE JEWISH LEARNING AND OBSERVANCE AND HELP JEWS IN FINANCIAL NEED


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Board, Officers & Key Employees

Name (title)Compensation
Yitschak Z Farkash
Treasurer
$0
Benzion Lipsker
COO
$0
Menachem Margolin
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$10,096,931
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,096,931
Total Program Service Revenue$0
Investment income $0
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 $10,096,931

Grants Awarded

Over the last fiscal year, Kolel Torah Inc has awarded $8,326,032 in support to 35 organizations.

Grant RecipientAmount

FEDERA OF JEWISH COM OF CIS

Org PageRecipient Profile

New York, NY

PURPOSE: SUPPORT OF JEWISH AWARENESS

$3,976,597

MY KEREN HASHLUCHIM

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: SUPPORT OF JEWISH AWARENESS

$1,648,677

EUROPEAN JEWISH ASSOCIATION

Org PageRecipient Profile

Monsey, NY

PURPOSE: SUPPORT OF JEWISH AWARENESS

$757,912

CHABAD OF HARVARD SQUARE

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SUPPORT OF JEWISH AWARENESS

$432,000

JEWISH COMM ST PETERSBURG

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: SUPPORT OF JEWISH AWARENESS

$309,403

CHABAD OF RUSSIA COMMUNITY

PURPOSE: SUPPORT OF JEWISH AWARENESS

$150,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Kolel Torah Inc has recieved totaling $42,081.

Awarding OrganizationAmount
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: COMMUNITY & HUMAN SERVICES

$20,000
Tuh Foundation

Suffern, NY

PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES

$10,000
Jewish Federation Of Greater Atlanta Inc

Atlanta, GA

PURPOSE: DONATIONS

$5,400
Partners In Giving Inc

Monsey, NY

PURPOSE: GENERAL FUNDS

$3,600
Goodness & Kindness Foundation

Brooklyn, NY

PURPOSE: GENERAL SUPPORT

$2,271
Krinsky Foundation Inc

Cedarhurst, NY

PURPOSE: GENERAL SUPPORT

$360
View Grant Recipient Profile

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