Besad Foundation FY2023 filing

Tax-deductible

Brooklyn, NY501(c)(3)Foundations & GrantmakersEIN 35-7017192

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 7
filings with a surplus
Average deficit $10K a year · 8% of revenue · last 7 filings
Worth a look: a surplus in 4 of the last 7 filings.
990-PF Pt I · 7 filings
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
-100% vs prior year
Spent
$0
Net assets
$198
By yearFY2018–FY2024
Revenue
$0
FY2023▼ -100%
Revenue by fiscal year
FY2018$0
FY2019$240
FY2020$10
FY2021$1K
FY2022$4K
FY2023$0
FY2024$872K
Expenses
$0
FY2023▼ -100%
Expenses by fiscal year
FY2018$360
FY2019$85
FY2020$251K
FY2021$906
FY2022$5K
FY2023$0
FY2024$692K
Net assets
$198
FY20230%
Net assets by fiscal year
FY2018$138K
FY2019$138K
FY2020$22
FY2021$316
FY2022$198
FY2023$198
FY2024$180K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Exemption reinstated (2017-05-15). Per the IRS revocation list. Latest filing on record: FY2024. IRS ruling in Aug 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

2 people listed on the 990-PF.

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 Besad Foundation executive salaries →

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Programs and updates

A private foundation based in Brooklyn, NY.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 22 grants · $672K · 2024–2024
Cong Gemach Bnei PinchosNY · FY2024$230,000
Congregation Zichron Menachem INCFY2024$75,000
Keren Yad V'Eizer INCNY · FY2024$50,000
Congregation Keren Ezrah INCFY2024$41,500
Congregation Neir Baruch LinzFY2024$32,413
Kolel Shary LimudNY · FY2024$24,000
Chasdei AvosFY2024$22,000
Kollel Metzyionim Lhoroah of WilliamsburgFY2024$20,000
Kupat Hakodesh INCNY · FY2024$7,000
Machne GilaNY · FY2024$6,200
Khal Beis YosefFY2024$3,500
Cong RachmistrivkaFY2024$3,250
See all 22 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV14
Average grantPart XV$31K
Median grantPart XV$20K
Largest grantPart XV$230K
Top cause focusNTEEReligion (23%)

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$0
Money out
$0
Owns and owes
$198
net assets
Cash and savings$198
Total assets$198
Liabilities$0
People
2
listed
Paid0
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Cash and savings together$198
Total assets$198
Liabilities$0
Net assets$198
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $872K$692K$180K$180K 990 PDF
FY2023 Viewing $0$0$0$198 990 PDF
FY2022 $4K$5K−$118$198 990 PDF
FY2021 $1K$906$294$316 990 PDF
FY2020 $10$251K−$251K$22 990 PDF
FY2019 $240$85$155$138K 990 PDF
FY2018 $0$360−$360$138K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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