American Friends of Merkaz Chasidei

BROOKLYN, NY EIN: 27-0328382

THE ORGANIZATION WILL PROMOTE THE IMPORTANCE OF FORMAL STUDIES AT ACADEMIC INSTITUTIONS SUCH AS YESHIVAS, KOLLELS, AND GRADUATE PROGRMAS AT ACCREDITED UNIVERSITIES. THE ORGANIZATION WILL PROVIDE FINANCIAL SUPPORT TO CHARITABLE CAUSES AS WELL AS OTHER EMTITIES WHICH ARE RECOGNIZED WITHIN IRS SECTION 501 C 3. THE ORGANIZATION WILL ALSO PROVIDE LOANS TO OTHER NOT FOR PROFITS TO HELP THEM ACCOMPLISH THEIR PURPOSE AND MISSION TO AID SIMILAR CAUSES WITHIN THE COMMUNITY.

Financial Overview

From 2023 IRS Form 990-PF

Total Assets

$501K

-8.5% YoY

Annual Giving

$683K

-2.4% YoY

Grant Count

13

+30.0% YoY

Avg Grant Size

$53K

-24.9% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$624K$1M$2M$2M202120222023
Metric202320222021
Total Assets$500,641$547,192$296,242
Revenue$1,681,740$2,268,515$1,000,669
Expenses$1,727,116$2,027,565$1,055,407
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$175K$350K$525K$700K10 grants202110 grants202213 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

EM KOL CHAI DBA MERKAZ C…$200KYESHIVA YESHOIS MOISHE V…$134KCONG TZEMACH TZADIK$60KAMERICAN FRIENDS OF KOLL…$56KEM KOL CHAI$50KTZUR FOUNDATION$50KKOLLEL AHAVAS YISROEL$40KCONG CHASIDEI VIZNITZ$28KCONG CHAIM BCHESED$20KTHE DONORS FUND$17K

Grant Size Distribution

33 grants across all recorded years

21<$50K7$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does American Friends of Merkaz Chasidei fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
BENJAMIN SCHWARTZVICE PRESIDE
YEHOSHUA WERTZBERGERPRESIDENT
CHAIM MEIR ADLERTREASURER

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

BrooklynLakewoodMonroeMonseySpring ValleySuffernWest Long Branch

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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