The Chasdei Shimon Foundation

BROOKLYN, NY EIN: 20-2050189

The Chasdei Shimon Foundation is a private foundation focused on Religion Related, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.3M in total assets. In 2023, it awarded 19 grants totaling $130K. Net investment income was $182K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$2.3M

+1.3% YoY

Annual Giving

$130K

+74.4% YoY

Grant Count

19

+46.2% YoY

Avg Grant Size

$7K

+19.3% YoY

Under IRS private-foundation payout rules, The Chasdei Shimon Foundation reported a distributable amount of $106K for 2023 — the minimum it must pay out in qualifying distributions.

About The Chasdei Shimon Foundation

Based on IRS filings

The Chasdei Shimon Foundation is a private foundation focused on Religion Related, based in BROOKLYN, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.3M in total assets. In 2023, it awarded 19 grants totaling $130K. Net investment income was $182K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BrooklynClevelandFar RockawayLakewodLakewoodMonroeMonseySaint PaulSpring ValleyTeaneckToms River

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$53K$106K$159K$212K2020202120222023
Metric202320222021
Total Assets$2,323,895$2,292,970$2,219,415
Revenue$190,172$169,804$192,934
Expenses$159,247$96,249$149,041
Qualifying Distributions$130,261$74,922$133,801
Net Investment Income$181,885$151,477$181,987
Distributable Amount$105,859$104,764$104,890

Giving Over Time

Total grant dollars and number of grants per year

$0$33K$67K$100K$134K4 grants202016 grants202113 grants202219 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

BELZ - SLAN GIMIL CONG$51KYESHIVA MACHZIKEI HADAS$36KYESHIVA CHAI TORAH$31KYESHIVA BAIS MORDECHAI -…$3KCONGREGATION BARUCH YISR…$2KYESHIVA BIRCHAS DUVID$2KBELA - TOMS RIVER$1KKEREN HATZEDAKA$1KBNOS YAAKOV$800BONEI OLAM$500

Grant Size Distribution

52 grants across all recorded years

50<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Belz - Slan Gimil Cong ($51,000), Yeshiva Machzikei Hadas ($36,000), Yeshiva Chai Torah ($30,769).

RecipientPurposeAmount
ASEI TOV MONROE, NYGENERAL$250
BELZ INSTITUTIONS IN ISRAEL BROOKLYN, NYGENERAL$180
BELZ - SLAN GIMIL CONG LAKEWOD, NJGENERAL$51,000
BELA - TOMS RIVER TOMS RIVER, NJGENERAL$1,000
BNOS BINAH SCHOOL BROOKLYN, NYGENERAL$200
BNOS YAAKOV LAKEWOD, NJGENERAL$800
BONEI OLAM BROOKLYN, NYGENERAL$500
CHAVERIM OF ROCKLAND COUNTY MONSEY, NYGENERAL$180
CHUPPA BROOKLYN, NYGENERAL$250
CONGREGATION BARUCH YISROEL BROOKLYN, NYGENERAL$2,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
BERNARD KLEINTRUSTEE3

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Chasdei Shimon Foundation?

The Chasdei Shimon Foundation is a private foundation focused on Religion Related, based in BROOKLYN, NY. It holds $2.3M in total assets as of 2023.

How large is The Chasdei Shimon Foundation?

As of 2023, The Chasdei Shimon Foundation holds $2.3M in total assets with $190K in annual revenue. It awarded 19 grants totaling $130K in 2023.

Where does The Chasdei Shimon Foundation operate?

The Chasdei Shimon Foundation has awarded grants in Minnesota, New Jersey, New York, Ohio.

What size grants does The Chasdei Shimon Foundation award?

In 2023, The Chasdei Shimon Foundation awarded 19 grants totaling $130K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is The Chasdei Shimon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Chasdei Shimon Foundation reported a distributable amount of $106K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Chasdei Shimon Foundation's EIN?

The Chasdei Shimon Foundation's EIN (Employer Identification Number) is 20-2050189. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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