Rachem Bechasdecha Foundation

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.

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 $808K (97%)

New Jersey $23K (3%)

Massachusetts $100 (0%)

States

Massachusetts New Jersey New York

Cities

AirmontBrooklynBurlingtonCedarhustFlushingLakewoodLawrenceMonroeMonseyNew SouareNew SquarePassaicRockaway ParkSpring ValleySpring 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

246 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
Sar shulem BURLINGTON, MA	to promote activities of organization	$100
Mosdos Square Brooklyn, NY	to promote activities of organization	$1,100
Beth Hemedrash Ohel Torah LaKEWOOD, NJ	to promote activities of organization	$180
Kollel Mishnias BROOKLYN, NY	to promote activities of organization	$3,000
keren melamdim BROOKLYN, NY	to promote activities of organization	$1,000
Vaad harabunim FLUSHING, NY	to promote activities of organization	$500
Bein Ish BROOKLYN, NY	to promote activities of organization	$36
Cong Khal Yetev Lev Brooklyn, NY	to promote activities of organization	$10,055
Kollel Shomre Hachomes Brooklyn, NY	to promote activities of organization	$1,640
untied Talmudical Seminary BROOKLYN, NY	to promote activities of organization	$54,000

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.