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Chesed Foundation

BROOKLYN, NY EIN: 11-3364001 Website

Chesed Foundation is a private grantmaking foundation based in Brooklyn, New York. The organization was established in 1997 and operates as a 501(c)(3) tax-exempt entity.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.4M

+3.3% YoY

Annual Giving

$311K

-41.4% YoY

Grant Count

13

-7.1% YoY

Avg Grant Size

$24K

-36.9% YoY

Under IRS private-foundation payout rules, Chesed Foundation reported a distributable amount of $230K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's grantmaking activities focus on:

  • Aid to needy individuals and families
  • Donations to nonprofit schools benefiting the needy
  • Grants to synagogues to support their charitable activities within their communities
  • Philanthropy, voluntarism, and grantmaking
  • Religion-related causes
  • Private independent foundation work

Grantmaking

The foundation makes grants to registered charities and maintains temporary investments as part of its program activities.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York and New Jersey.

Grant Distribution by State

2states

Cities

AirmontBrooklnBrooklynKirias JoelLindenMonroePerth AmboyRoselleSpring Valley

Financial History

Multi-year comparison from IRS filings

Assets & Revenue (Most Recent Filing):

  • Total assets: $5,444,647
  • Total giving: $310,529
  • Investment income and dividends: Primary revenue source
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$206K$412K$618K$824K20202021202220232024
Metric202420232022
Total Assets$5,444,647$5,270,547$5,128,654
Revenue$485,839$673,186$748,686
Expenses$311,739$531,293$688,911
Qualifying Distributions$311,739$531,293$688,911
Net Investment Income$484,629$587,067$672,317
Distributable Amount$230,181$233,778$245,947

Giving Over Time

Total grant dollars and number of grants per year

$0$172K$344K$516K$688K12 grants202015 grants202115 grants202214 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DONATIONS TO OTHER IRS A…$79KCONG SATMAR LINDEN$40KCENTRAL UTA$37KMOSDOS HATORAH LINDEN$30KUTA BORO PARK$27KUTA MONSEY$22KCONG MOSDOS SATMAR LINDEN$18KUTA KJ$15KCONG BETH AHRON$14KCONG ICHUD ANASH$10K

Grant Size Distribution

69 grants across all recorded years

58<$50K4$50–100K4$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Donations to Other Irs Approved Cha ($78,888), Cong Satmar Linden ($40,000), Central Uta ($37,100).

RecipientPurposeAmount
CONG BETH AHRON BROOKLYN, NYBUILDING FUND$14,180
UTA BORO PARK BROOKLYN, NYAID TO NEEDY$27,300
CENTRAL UTA BROOKLYN, NYAID TO NEEDY$37,100
CONG MOSDOS SATMAR LINDEN PERTH AMBOY, NJBUILDING FUND$17,800
UTA MONSEY AIRMONT, NYAID TO NEEDY$21,900
CONG YEREIM SEAGATE BROOKLYN, NYBUILDING FUND$8,661
UTA KJ MONROE, NYAID TO NEEDY$14,600
CONG AUNEI ZEDEK MONROE, NYBUILDING FUND$5,100
KEREN MAGEN UMOSHIA BROOKLYN, NYAID TO NEEDY$5,000
MOSDOS HATORAH LINDEN LINDEN, NJAID TO NEEDY$30,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL WEISSTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Chesed Foundation fund?

The foundation's grantmaking activities focus on: • Aid to needy individuals and families • Donations to nonprofit schools benefiting the needy • Grants to synagogues to support their charitable activities within their communities • Philanthropy, voluntarism, and grantmaking • Religion-related causes • Private independent foundation work

How do I apply for a grant from Chesed Foundation?

**Grant Activity:** • Total giving: $310,529 (most recent filing) • Typical award range: $5,000–$309,800 • The foundation has provided grants to over 500 families for aid to the needy • Over 10 schools have received donations to benefit the needy • Over 10 synagogues have received grants to assist in their charitable activities **Grant Focus:** The foundation makes grants to registered charities and maintains temporary investments as part of its program activities.

Where does Chesed Foundation make grants?

The foundation primarily funds organizations in New York and New Jersey.

What size grants does Chesed Foundation award?

In 2024, Chesed Foundation awarded 13 grants totaling $311K — an average of about $24K per grant, based on its IRS Form 990 filings.

How much is Chesed Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Chesed Foundation reported a distributable amount of $230K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Chesed Foundation's EIN?

Chesed Foundation's EIN (Employer Identification Number) is 11-3364001. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Chesed Foundation's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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