David & Marjorie Sitt Chesed Fund

OAKHURST, NJ EIN: 34-1994530

David & Marjorie Sitt Chesed Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKHURST, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grants totaling $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

-86.2% YoY

Annual Giving

$37K

+30.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$37K

+30.2% YoY

Under IRS private-foundation payout rules, David & Marjorie Sitt Chesed Fund reported a distributable amount of $113 for 2024 — the minimum it must pay out in qualifying distributions.

About David & Marjorie Sitt Chesed Fund

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $153K (96%)

New Jersey $5K (3%)

Illinois $2K (1%)

States

Illinois New Jersey New York

Cities

BrooklynChicagoDealEatontownNew YorkWest Long Branch

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,846	$13,380	$119
Revenue	$25,835	$41,982	$32,453
Expenses	$37,369	$28,721	$41,279
Qualifying Distributions	$37,349	$28,695	$41,249
Net Investment Income	—	—	—
Distributable Amount	$113	$47	$120

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

19 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($37,349).

Recipient	Purpose	Amount
SEE ATTACHED BROOKLYN, NY	Charitable Purposes	$37,349

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DAVID SITT	President	2	—
MARJORIE SITT	Director	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is David & Marjorie Sitt Chesed Fund?

David & Marjorie Sitt Chesed Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKHURST, NJ. It holds $2K in total assets as of 2024.

How large is David & Marjorie Sitt Chesed Fund?

As of 2024, David & Marjorie Sitt Chesed Fund holds $2K in total assets with $26K in annual revenue. It awarded 1 grants totaling $37K in 2024.

Where does David & Marjorie Sitt Chesed Fund operate?

David & Marjorie Sitt Chesed Fund has awarded grants in Illinois, New Jersey, New York.

What size grants does David & Marjorie Sitt Chesed Fund award?

In 2024, David & Marjorie Sitt Chesed Fund awarded 1 grants totaling $37K — an average of about $37K per grant, based on its IRS Form 990 filings.

How much is David & Marjorie Sitt Chesed Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Marjorie Sitt Chesed Fund reported a distributable amount of $113 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David & Marjorie Sitt Chesed Fund's EIN?

David & Marjorie Sitt Chesed Fund's EIN (Employer Identification Number) is 34-1994530. IRS Form 990 filing data is available on this page for 2020–2024.