NonprofitsBmg Student Aid Fund Inc

Education

Bmg Student Aid Fund Inc

LAKEWOOD, NJ

Total revenue

$1.4M

Total expenses

$1.3M

Net assets

$605K

Grants received

$994K

38 grants

EIN

223612588

Tax year

2024

Mission

To aid students and alumni of bmg

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$21K
Other revenue$234K
Total revenue$1.4M

Expenses

Grants paid$1.1M
Salaries & benefits
Fundraising
Other expenses$246K
Total expenses$1.3M
Total assets$605K
Net assets$605K

People

3 listed

NameRoleCompensation

MAYER BALSAM

TRUSTEE

Board

1 hrs/wk

ARYEH L KLEIN

TRUSTEE

Board

1 hrs/wk

YITZCHOK KOTLER

TRUSTEE

Board

1 hrs/wk

Grants received

Showing 38 of 38

FromAmountPurposeYear
$11K
PARTNER ORGANIZATION TO ASSIST INDIGENT SCHOLARS
2024
$105K
GENERAL SUPPORT
2023
$39K
GENERAL SUPPORT
2023
$22K
Educational and religious activities
2023
$20K
For grant recipient's exempt purposes
2023
$15K
TUITION FOR NEEDY BOYS
2023
$7K
CHARITABLE
2023
$5K
TO PROMOTE THE GOALS AND PURPOSE OF THE ORGANIZATION
2023
$700
GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES
2023
$357K
GENERAL SUPPORT
2022
$22K
Educational and religious activities
2022
$15K
TUITION FOR NEEDY BOYS
2022
$15K
TUITION ASSISTANCE
2022
$10K
For grant recipient's exempt purposes
2022
$10K
GENERAL SUPPORT
2022
$5K
TO PROMOTE THE GOALS AND PURPOSE OF THE ORGANIZATION
2022
$1K
RELIGIOUS/CHARITABLE
2022
$500
GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES
2022
$19K
For grant recipient's exempt purposes
2021
$19K
For grant recipient's exempt purposes
2021
$122K
GENERAL SUPPORT
2020
$25K
TUITION ASSISTANCE
2020
$24K
EDUCATIONAL AND RELIGIOUS ACTIVITES
2020
$15K
TUITION FOR NEEDY BOYS
2020
$500
Charitable assistance
2020
$500
GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES
2020
$21K
For grant recipient's exempt purposes
2018
$15K
TUITION FOR NEEDY BOYS
2018
$500
CHARITABLE
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$7K
GENERAL SUPPORT
2017

Funded by

$994K from 17 funders · 38 grants · 2017–2024

Morasha Olami Inc

$584K · 3 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$99K · 6 grants · 2017–2023

The Jmg Foundation

$68K · 3 grants · 2020–2023

Nitzavim Trust

$60K · 4 grants · 2018–2023

The Ojc Fund

$49K · 2 grants · 2022–2023

E & H Parnes Foundation INC

$40K · 2 grants · 2020–2022

Gs Donor Advised Philanthropy Fund

$17K · 2 grants · 2018–2019

Details

EIN223612588
NTEE codeB11
Subsection03
Ruling date2000-03
Formed1990
Employees0
BMG STUDENT AID FUND INC — Mission, Financials & Grants Received | Grantivo