Rachem Bechasdecha Foundation

Foundation · Grantmaker SPRING VALLEY, NY EIN: 11-3468795

Rachem Bechasdecha Foundation is a private grantmaking foundation established in 2000 and based in Spring Valley, New York. The foundation operates as a 501(c)(3) organization designated for religious, educational, charitable, and scientific purposes.

Key facts about Rachem Bechasdecha Foundation

EIN: 11-3468795
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $144,224
Grants made (2024): 46
Average grant: $3,135
Median grant: $975
Total assets: $4,817,805
Primary geography: New York (96% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Rachem Bechasdecha Foundation funds

By grant dollars, the top recipient states for Rachem Bechasdecha Foundation's 46 itemized 2024 grants were New York (96%). The most frequent recipient cities were Brooklyn, NY (32 grants), Spring Valley, NY (3 grants), Lakewood, NJ (3 grants) and Flushing, NY (2 grants). None of its 46 grants with a stated purpose were described as general or operating support. Recurring purposes include "to promote activities of organization" (46 grants).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+4.2% YoY

Annual Giving

$144K

-69.6% YoY

Grant Count

-11.5% YoY

Avg Grant Size

$3K

-65.6% YoY

Under IRS private-foundation payout rules, Rachem Bechasdecha Foundation reported a distributable amount of $200K 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 provides funding to further its charitable purposes, including some grants to individuals.

Grantmaking

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The foundation operates in New York, with a primary location in Spring Valley.

Grant Distribution by State

New York $138K (96%)

New Jersey $6K (4%)

Massachusetts $100 (0%)

Share of all 46 itemized 2024 grant dollars.

States

Massachusetts New Jersey New York

Cities

BrooklynMonseySpring ValleyLakewoodMonroeFlushingAirmontBurlingtonCedarhustLawrenceNew SouareNew SquarePassaicRockaway ParkSpring Valley NyToms River

Financial History

Multi-year comparison from IRS filings

Most Recent Financial Data (Fiscal Year Ending November 2024):

Total assets: $4.82 million
Revenue: $342,000
Expenses: $147,000
Net income: $194,321
Giving rate: Approximately 10.1% of assets

Prior Year Data (2023):

Total assets: $4.62 million
Total giving: $468,052

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,817,805	$4,623,484	$4,849,251
Revenue	$341,571	$254,346	$271,087
Expenses	$147,250	$477,113	$145,507
Qualifying Distributions	$144,224	$474,113	$142,372
Net Investment Income	$165,094	$73,124	$43,103
Distributable Amount	$200,247	$226,086	$231,088

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

321 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include untied Talmudical Seminary ($54,000), Kollel Bais Avrohom ($13,000), Cong Khal Yetev Lev ($10,055).

Recipient	Purpose	Amount
untied Talmudical Seminary BROOKLYN, NY	to promote activities of organization	$54,000
Kollel Bais Avrohom Brooklyn, NY	to promote activities of organization	$13,000
Cong Khal Yetev Lev Brooklyn, NY	to promote activities of organization	$10,055
Community council organization ROCKAWAY PARK, NY	to promote activities of organization	$10,000
rav Tov BROOKLYN, NY	to promote activities of organization	$7,098
Chasdei Ezriel Yehuda Brooklyn, NY	to promote activities of organization	$5,000
Cong ner Burach passaic, NJ	to promote activities of organization	$5,000
Beth Yitzchok Brooklyn, NY	to promote activities of organization	$3,250
Kollel Mishnias BROOKLYN, NY	to promote activities of organization	$3,000
Yeshiva Pupa Brooklyn, NY	to promote activities of organization	$2,880

Leadership & Key People

Leadership team and compensation from IRS filings

David Soifer, CPA serves as a contact for the foundation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Jacob Steinmetz	Trustee	—	—
Judith Steinmetz	Trustee	—	—

Contact Information

Phone: 718-349-6166
Address: 24 Jackson Avenue, Spring Valley, NY 10977
EIN: 11-3468795
Tax-exempt status: Since February 1999

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Rachem Bechasdecha Foundation fund?

The foundation provides funding to further its charitable purposes, including some grants to individuals.

How do I apply for a grant from Rachem Bechasdecha Foundation?

**Grant Activity:** • Annual giving: approximately $468,000–$474,000 • Number of grants: 25 grants annually • Median grant size: $5,000 • Grant range: $1,000–$250,000 • Application policy: Accepts applications

Where does Rachem Bechasdecha Foundation make grants?

The foundation operates in New York, with a primary location in Spring Valley.

What size grants does Rachem Bechasdecha Foundation award?

In 2024, Rachem Bechasdecha Foundation awarded 46 grants totaling $144K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Rachem Bechasdecha Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Rachem Bechasdecha Foundation reported a distributable amount of $200K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.