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CHARITYEX FOUNDATION INC

Brooklyn, NY · EIN 833231449 · Form 990 · FY2024 · NTEE B82 · Education · Small ($100K-$1M) · www.charityexfoundation.com
revenue
$585K
expenses
$521K
net assets
$209K
employees
0
program ratio
100%
mission · from form 990

CharityEx Foundation is a public charitable foundation dedicated to improving the lives of people. We help build stronger communities, fosters innovation, improve lives, and protect our environment.We bring together ind

profile · synthesized from sources

CharityEx Foundation is a public charity that connects donors with nonprofits through donor-advised funds and a digital giving platform. It supports a wide range of causes including education, health, humanitarian aid, and community development. The foundation enables individuals and institutions to make tax-deductible contributions and recommend grants to charities in the U.S. and Canada.

named programs · 2 · from sources

What they call their work

Charity Exchange Platform
Digital platform connecting donors with registered charities in the U.S. and Canada to facilitate giving.
Donor Advised Fund (DAF)
Enables donors to make charitable contributions, receive immediate tax deductions, and recommend grants to charities over time.
activities · 9 groups

What they do

  • Donor-Advised Fund Grantmaking 2 activities
    • Administers Donor-Advised Funds (DAFs)
      Offers Donor Advised Fund accounts that enable individuals to make tax-deductible contributions and recommend grants to charities, facilitating structured and strategic philanthropy.
    • Distributes grants through donor-advised funds
      Makes annual charitable grants to nonprofits via donor-advised funds, directing donor-recommended funding to support a wide range of causes and organizations.
  • International Emergency Medical Relief 1 activity
    • Delivers humanitarian relief in crises
      Provides emergency response during local and global crises by distributing medication, supplies, equipment, or direct financial support to affected communities.
  • Digital Donation Processing Platforms 1 activity
    • Operates the Charity Exchange donation platform
      Runs the Charity Exchange platform to connect donors with registered charities across the United States and globally, enabling seamless and scalable charitable giving.
  • Community Resource Navigation and Support Services 1 activity
    • Provides targeted services for vulnerable populations
      Delivers programs serving children and youth, seniors, people with disabilities, and new immigrants to address systemic societal challenges and promote inclusion.
  • Community Capacity Building & Leadership Networks 1 activity
    • Strengthens communities through volunteerism and innovation
      Supports community volunteer efforts and directs financial resources to high-impact areas such as youth engagement, gender equality, entrepreneurship, and social innovation.
  • Historic Building Restoration and Preservation 1 activity
    • Supports cultural and historical research and preservation
      Funds research and preservation efforts related to genealogy, culture, and history of ethnic groups, and supports conservation of culturally significant structures and landscapes.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Supports education and workforce development programs
      Funds initiatives that improve access to and quality of education and workforce programs, with a focus on overcoming systemic barriers related to economic inequity and racism.
  • Community Health Center Services 1 activity
    • Supports health-focused initiatives
      Funds medical research, access to care, mental health and addiction services, chronic disease prevention and treatment, and family health promotion programs.
  • Uncategorized 1 activity
    • Excluded from Jewish landscape
      Classified non-Jewish by classify-orgs (secular).
financials · form 990 · fy2024
revenue
Total revenue$585K
Contributions & grants$584K100%
Program service revenue$00%
Investment income$7300%
Other revenue$0
expenses
Total expenses$521K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$520K
Largest expense lineFacilities
balance sheet
Total assets$209K
Cash$209K
Investments$0
Liabilities$0
Net assets$209K
Liquid reserves4.8 mo
4 years on record · 2021–2024 · YoY revenue +78.9%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • Dov Ber Barash — Director
  • Sam Sherr — Director
  • Zev Gopin — President
relationships · 2

Who they work with

  • CharityEx Foundation Inc. Partner — Implied self-partnership in facilitating donor connections to charities.
  • registered charities Network — Connects donors to registered charities through the Charity Exchange platform.
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.

  • Donor-Advised Fund Intermediary
    methodology: donor-advised_fund_intermediary
    By providing a structured giving vehicle through donor-advised funds, we increase philanthropic effectiveness and donor engagement, because donors are more likely to give meaningfully when they can advise on timing, causes, and distribution of grants.
  • Systems-Strengthening for Equity
    methodology: systems-strengthening
    By aligning education and workforce development programs with community economic needs, we reduce structural inequities, because systemic change occurs when institutions are reformed to reflect and respond to marginalized communities.