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KOLEL SHMIEL BYNUMEN INC
MONROE, NY · EIN 452637007 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$377K
expenses
$377K
net assets
$-172K
employees
0
program ratio
100%
mission · from form 990

TO AWARD FINANCIAL GRANTS AND OR LOANS, FREE OF INTEREST, TO RELIGIOUS ORTHODOX JEWISH ORGANIZATIONS, AND TO HELP BY FINANCIAL MEANS, THE NEEDY, SICK, AND DISABLED PEOPLE AS WELL AS TALMUDIC RESEARCH

profile · synthesized from sources

KOLEL SHMIEL BYNUMEN INC is a grantmaking organization based in Monroe, NY, that provides interest-free financial grants and loans to Orthodox Jewish religious organizations. It also supports needy, sick, and disabled individuals and funds Talmudic research. The organization operates exclusively through financial assistance rather than direct service delivery.

named programs · 3 · from sources

What they call their work

Interest-Free Grants and Loans Program
Provides financial assistance in the form of grants or zero-interest loans to Orthodox Jewish religious organizations
Support for Individuals in Need
Offers financial aid to sick, disabled, and economically disadvantaged individuals within the Orthodox Jewish community
Talmudic Research Support
Provides funding to support scholarly research in Talmudic studies
activities · 3 groups

What they do

  • Jewish Religious Institution Support 1 activity
    • Awarding financial grants and interest-free loans to Orthodox Jewish organizations
      Funds religious Orthodox Jewish organizations through financial grants and interest-free loans, supporting communal and religious activities.
  • Financial Support for Rabbinical Students 1 activity
    • Funding Talmudic research
      Provides grants to support scholarly research in Talmudic studies within the Orthodox Jewish tradition.
  • Church and Congregation-Based Financial Aid 1 activity
    • Providing financial assistance to needy, sick, and disabled individuals
      Offers financial support to individuals in need, with a focus on those who are sick, disabled, or otherwise vulnerable within the Orthodox Jewish community.
financials · form 990 · fy2024
revenue
Total revenue$377K
Contributions & grants$377K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$377K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$375K
Largest expense lineProfessional Fees
balance sheet
Total assets$233K
Cash$0
Investments$0
Liabilities$405K
Net assets$-172K
Liquid reserves0.0 mo
4 years on record · 2020–2024 · YoY revenue +28.6%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • ASHER HOROWITZ — Director
  • JACOB SOFER — Director
  • LEVI APPEL — Director
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Interest-Free Lending and Targeted Grantmaking
    methodology: interest_free_lending
    By providing interest-free loans and targeted grants, we sustain Orthodox Jewish religious communities, support vulnerable individuals, and advance Talmudic scholarship—because accessible, no-cost financial tools increase community resilience and enable long-term religious and educational development.