Chesed Foundation
- Assets
- $979.6k
- Revenue
- -$54.1k
- Investments
- $940.8k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 88-0397119
Organization Overview
Chesed Foundation is located in Las Vegas, NV. The organization was established in 1999. 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. Chesed Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Chesed Foundation has awarded 141 individual grants totaling $416,087. 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 |
|---|---|---|---|
Rene Feinstein Trustee & President | 10 | $36,000 | |
Alan Feinstein Trustee & Secretary | 10 | $36,000 | |
Rabbi Shea Harlig Trustee & VP & Treasurer | 10 | $700 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $85 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$54,142 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$54,057 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $79,000 |
| 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 | $425 |
| Total operating and administrative expenses | $80,275 |
| Contributions, gifts, grants paid | $44,000 |
| Total expenses and disbursements | $124,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $38,860 |
| 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 | $940,770 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $979,630 |
| 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 |
Grants Awarded
Over the last fiscal year, Chesed Foundation has awarded $44,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDSHIP CIR OF LV PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
CHABAD OF EAST BAY PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |
CENTRAL FUND FOR ISRAEL PURPOSE: CHARITABLE CONTRIBUTION | $6,000 |
CHABAD OF NAPA PURPOSE: CHARITABLE CONTRIBUTION | $1,000 |
DESERT TORAH ACADEMY PURPOSE: CHARITABLE CONTRIBUTION | $10,000 |
AISH HA TORAH PURPOSE: CHARITABLE CONTRIBUTION | $3,000 |