Rachem Bechasdecha Foundation
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
46
-11.5% YoY
Avg Grant Size
$3K
-65.6% YoY
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
Cities
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
| 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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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