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MEC FUND INC
BROOKLYN, NY · EIN 832924598 · Form 990 · FY2024 · NTEE X99 · Religion-Related · Medium ($1M-$10M)
revenue
$1.4M
expenses
$1.5M
net assets
$52K
employees
0
program ratio
99%
mission · from form 990

TO PROMOTE, FURTHER AND SUPPORT SELECTED CHARITABLE ACTIVITIES THROUGH GRANTS, FUNDING AND FINANCIAL ASSISTANCE TO VARIOUS INDIVIDUALS, INSTITUTIONS AND ORGANIZATIONS DEDICATED TO THE AID AND ASSISTANCE OF JEWISH ORTHODOX RELIGIOUS INSTITUTIONS IN THE UNITED STATES AND ABROAD; TO AID, ENCOURAGE, STIMULATE, FOSTER AND PROMOTE CHARITABLE ACTIVITIES THROUGH THE SUPPORT OF RELIGIOUS INSTITUTIONS IN DOMESTIC AND FOREIGN COUNTRIES; TO ENCOURAGE AND SUPPORT MEDICAL ADVANCEMENTS; TO MAKE DIRECT CHARITABLE GRANTS TO THE NEEDY AND THE POOR.

profile · synthesized from sources

MEC FUND INC is a grantmaking organization that supports charitable activities through financial assistance to individuals, institutions, and organizations serving Jewish Orthodox religious communities in the U.S. and abroad. It also funds medical advancements and provides direct grants to the poor and needy. The organization operates as a private foundation focused on religious and charitable support.

named programs · 3 · from sources

What they call their work

Direct Charitable Grants
Provides financial assistance to individuals and organizations serving Jewish Orthodox communities and to the poor and needy
Medical Advancements Support
Encourages and supports advancements in medical research and practice through targeted grants
Support for Religious Institutions
Funds Jewish Orthodox religious institutions in the United States and abroad
activities · 3 groups

What they do

  • Jewish Religious Institution Support 2 activities
    • Funding Jewish Orthodox religious institutions
      Provides grants and financial assistance to support Jewish Orthodox religious institutions in the United States and abroad.
    • Funding charitable activities through religious institutions
      Supports religious institutions in the United States and foreign countries to promote charitable activities.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding individuals in need through direct charitable grants
      Makes direct charitable grants to individuals who are needy and poor.
  • Cancer Research Funding 1 activity
    • Funding medical advancements
      Provides funding to support medical advancements through grants.
financials · form 990 · fy2024
revenue
Total revenue$1.45M
Contributions & grants$1.45M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.46M
Program expenses99%
Admin / overhead0%
Fundraising1%
Salaries & benefits$0
Grants paid out$1.41M
Largest expense lineProfessional Fees
balance sheet
Total assets$54K
Cash$54K
Investments$0
Liabilities$2K
Net assets$52K
Liquid reserves0.5 mo
3 years on record · 2020–2024 · YoY revenue +5.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • ASAF SHRAIBER — DIRECTOR
  • MARK SMILOW — DIRECTOR
  • YECHIEL STERN — DIRECTOR
strategies · 2

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.

  • Faith-Based Grantmaking
    methodology: faith_based_grantmaking
    By channeling grants toward Jewish Orthodox religious institutions, the organization strengthens community resilience and continuity because shared religious values create cohesive, trust-based networks that amplify social impact.
  • Strategic Medical Funding
    methodology: strategic_medical_funding
    By directing targeted financial support to medical initiatives, the organization accelerates advancements in health outcomes because focused investment enables high-impact research and clinical progress.