NonprofitsGilo Charity Fund

Philanthropy, Voluntarism & Grantmaking Foundations

Gilo Charity Fund

LAKEWOOD, NJ

Total revenue

$52K

Total expenses

$45K

Net assets

$24K

Grants received

$40K

12 grants

EIN

474309738

Tax year

2024

Mission

The Corporation is organized exclusively for charitable religious and educational purposes making distributions to organizations that qualify as exempt organizations or to individuals on an objective and nondiscriminatory basis under Section 501c3 of the Internal Revenue Code of 1986. The specific objectives and purpose of this organization shall be: 1. Charitable. by providing relief to the poor or the underprivileged through grants to organizations or to individuals that have been thoroughly vetted for need. 2. Educational. by providing books equipment and educational aids to students. By providing scholarships and financial assistance to be used for education to encourage academic excellence. 3. Religious. by providing programs and workshops in Talmudic studies.

Financials

FY 2024

Revenue

Contributions & grants$52K
Program service revenue
Investment income
Other revenue
Total revenue$52K

Expenses

Grants paid$45K
Salaries & benefits
Fundraising
Other expenses$845
Total expenses$45K
Total assets$24K
Net assets$24K

People

4 listed

NameRoleCompensation

{"_":"David Newman","attributes":{"referenceDocumentName":"CompensationExplanation"}}

President

Board

1 hrs/wk

{"_":"Faigie Newman","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Treasurer

Board

1 hrs/wk

{"_":"Yosef Pick","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Secretary

Board

1 hrs/wk

{"_":"Aron Prochko","attributes":{"referenceDocumentName":"CompensationExplanation"}}

Development Director

Board

10 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$8K
For grant recipient's exempt purposes
2023
$7K
GENERAL SUPPORT
2022
$7K
GENERAL SUPPORT
2020
$7K
For grant recipient's exempt purposes
2020
$3K
RELIGIOUS EDUCATION AND SOCIAL WELFARE
2020
$3K
RELIGIOUS EDUCATION AND SOCIAL WELFARE
2020
$750
GENERAL SUPPORT
2020
$400
GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES
2020
$3K
RELIGIOUS EDUCATION AND SOCIAL WELFARE
2018
$2K
RELIGIOUS EDUCATION AND SOCIAL WELFARE
2018

Funded by

$40K from 7 funders · 12 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$15K · 2 grants · 2020–2023

The Ojc Fund

$14K · 2 grants · 2020–2022

Stanley M Klein Foundation Inc

$10K · 4 grants · 2018–2020

Marbeh Shalom Foundation Inc

$750 · 1 grant · 2020

Jack Adjmi Family Foundation Inc

$400 · 1 grant · 2020

Details

EIN474309738
NTEE codeT50
Subsection03
Ruling date2015-12
GILO CHARITY FUND — Mission, Financials & Grants Received | Grantivo