NonprofitsNathan G Richman Fund 1

Nathan G Richman Fund 1

BROOKLYN, OH

Total revenue

$254K

Total expenses

$131K

Net assets

$2.5M

Grants received

EIN

346507680

Tax year

2024

Mission

Grants are made according to trust agreement dated may 2, 1927. The trust agreement requires keybank, as trustee to distribute net income to the jewish community federation of cleveland, ohio in order to carry on the function in which the jewish community is now engaged, of providing means and assistance to worthy charitable organizations conducted for the benefit of jewish people in and about cleveland, ohio under the ohio institutional trust fund act of 1999, the beneficiaries have chosen to received the maximum of income based on the greater of 5% of afv or traditional income. Please note the charities have a right to remove the trustee, and the trustee has the authority to amend the document to insure the continuation to qualify as a 509(a)3 organization.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue
Investment income$242K
Other revenue$12K
Total revenue$254K

Expenses

Grants paid$118K
Salaries & benefits$11K
Fundraising
Other expenses$2K
Total expenses$131K
Total assets$2.5M
Net assets$2.5M

People

1 listed

NameRoleCompensation

KEYBANK N A

TRUSTEE

Board

$11K

1 hrs/wk

Details

EIN346507680
Subsection03
Ruling date1971-12
Formed1927
Employees0
NATHAN G RICHMAN FUND 1 — Mission, Financials & Grants Received | Grantivo