philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
So Charitable Tr EIN 01-0617948

So Charitable Tr FY2023 filing

Not yet claimed Claim this org →

A private foundation based in Brooklyn, NY. It reported about $454K in revenue for 2023. For fiscal year 2023 it reported $454K in revenue, $862K in expenses, and $8.0M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Brooklyn, NY
Filings
4 on file (2021–2023)
Revenue
$454KFY2023
Expenses
$862K
Net assets
$8.0M
People
2
Filings
4
Updates
0
More identity details & actions ⌄
EIN  01-0617948 Private foundation / grantmaker Brooklyn, NY
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until So Charitable Tr claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
A private foundation based in Brooklyn, NY. It reported about $454K in revenue for 2023.
Leadership
Rebecca Ross · Trustee
Money in and out
$454K revenue, $862K expenses
Bottom line
—
Grants paid & assets · FY2023
Total revenue
$454K
Pt VIII · Ln 12
Total expenses
$862K
Pt IX · Ln 25
Net assets
$8.0M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$408K
Total assets
8.0M
deployed as grants and operations
Grants paid
830K
in FY2023
Grants made
23grants
total in period
Payout rate
10%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 23 grants · $365K · 2024–2024
Ohr NaavaNY · FY2024$54,000
Kollel Shas YidenFY2024$42,000
Hatzolah Emergency Air Response Team INCNY · FY2024$36,000
Kollel Avrechim of BrooklynFY2024$36,000
Yeshiva Shaarei TzionNJ · FY2024$35,000
Congregation Yeshiva Yad MosheFY2024$25,000
Amidei Zion of Bobov INCNY · FY2024$25,000
Keren Matan BeseserFY2024$20,000
Yeshiva VyelipolFY2024$12,500
United Charity Institutions of JerusalemNY · FY2024$12,000
Mifal Ezra Zichron YehideNY · FY2024$10,000
Twisted ParentingFY2024$10,000
Jerusalem Open HouseNY · FY2024$10,000
Yeshiva Darchei TorahFY2024$8,600
Yeshiva Daas ChochmaFY2024$8,000
Congregation Toldos Avaraham YitzchokFY2024$5,000
Cong Chasdei YitzchokNY · FY2024$5,000
Boca Raton KollelFL · FY2024$3,600
See all 23 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV9
Average grantPart XV$16K
Median grantPart XV$10K
Largest grantPart XV$54K
Top cause focusNTEEReligion (22%)

Summary of the Filing

Part I · fiscal year 2023 · Form 990-PF
Revenue
$454K
FY2023▼ -41%
Expenses
$862K
FY2023▼ -33%
Total assets
$8.0M
FY2023▼ -3%
Total liabilities
$0
FY2023
Total revenue
$454K
Pt VIII · Ln 12
Total expenses
$862K
Pt IX · Ln 25
Net assets
$8.0M
Pt X · Ln 32
Total assetsPt II$8.0M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSo Charitable Tr
EINHdr · item D01-0617948
Principal addressHdr · item CBrooklyn, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20)
Ruling yearIRS BMFMar 2002

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
See So Charitable Tr executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$185K · 41%
Investment income$157K · 35%
Other revenue$112K · 25%
Contributions & grants41%$185K
Investment income35%$157K
Other revenue25%$112K
Total revenueLn 12$454K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.96 Operating & administrative $0.04
Grants & contributions paid96%$830K
Operating & administrative4%$33K
Total functional expensesLn 25$862K

Balance Sheet

Part X · end of year
CashLn 1$429K
Total assetsLn 16$8.0M
Total liabilitiesLn 26$0
Total net assetsLn 32$8.0M
Months of cash on handcomputed6.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $8.0M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $454K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $454K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $454K · Prior year $766K
-41%
Net-asset trend (YoY)
End of year $8.0M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $454K · Expenses $862K
-90%
Liabilities-to-Assets
Total liabilities — · Total assets $8.0M
—
Net-asset ratio
Net assets $8.0M · Total assets $8.0M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $862K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -41%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$608K revenue · ⤓ 990 PDF
FY2023$454K revenue · viewing · ⤓ 990 PDF
FY2022$766K revenue · ⤓ 990 PDF
FY2021$802K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.