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KEREN GEMILAS CHASODIM FOUNDATION
BROOKLYN, NY · EIN 471833304 · Form 990 · FY2023 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$3.1M
expenses
$3.5M
net assets
$-455K
employees
0
program ratio
96%
mission · from form 990

To provide grants to organizations providing support and administrative services for educational institutions located in Israel.To provide support for children and other underprivileged youth in United States and Israel schoolsTO ASSIST MEDICAL PROFESSIONALS TO RELOCATE AND PROVIDE THEIR SERVICES TO A NEW JERSEY COMMUNITY.

profile · synthesized from sources

Keren Gemilas Chasodim Foundation is a New York-based grantmaking organization that supports educational initiatives for underprivileged youth in the United States and Israel. It also funds programs that assist medical professionals relocating to underserved communities in New Jersey. The foundation distributes grants to organizations providing administrative and support services to schools and community health efforts.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $1.07M
    To provide support for children and other underprivileged youth in United States and Israeli schools through special programs, counseling, and other initiatives.
  2. #2 $63K
    TO ASSIST MEDICAL PROFESSIONALS TO RELOCATE AND PROVIDE THEIR SERVICES TO AN UNDERSERVED NEW JERSEY COMMUNITY
named programs · 2 · from sources

What they call their work

Medical Professional Relocation Assistance
Supports medical professionals relocating to and providing services in underserved communities in New Jersey
Support for Underprivileged Youth in Schools
Provides funding for special programs, counseling, and educational support services for underprivileged children in schools in the United States and Israel
activities · 2 groups

What they do

  • Hospital and Medical Center Support 1 activity
    • Funding support for medical professionals to serve in underserved communities
      Provides assistance to medical professionals relocating to underserved communities, specifically in New Jersey, to deliver essential health services.
  • School-Based Mental Health and Family Support 1 activity
    • Providing support to underprivileged children and youth through special programs and counseling
      Offers special programs and counseling services for underprivileged children and youth in schools across the United States and Israel.
financials · form 990 · fy2023
revenue
Total revenue$3.12M
Contributions & grants$3.12M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$3.48M
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$0
Grants paid out$3.28M
Largest expense lineProfessional Fees
balance sheet
Total assets$367K
Cash$367K
Investments$0
Liabilities$821K
Net assets$-455K
Liquid reserves1.3 mo
5 years on record · 2019–2023 · YoY revenue +97.3%
leadership · form 990 part vii · fy2023

Who runs it

board members · 2
  • MAURICE WOLF — Trustee
  • ROBERT WOLF — Trustee
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.

  • Grantmaking to Support Educational and Administrative Services in Israel
    methodology: grantmaking
    By providing grants to organizations that deliver educational and administrative services in Israel, the foundation enables institutional capacity-building and service delivery, because financial support to implementing partners amplifies impact beyond direct operations.