Overview
What is Am Yisrael Chai Foundation Inc?
Am Yisrael Chai Foundation Inc is a nonprofit organization that primarily focuses on grant-making, specifically to Orthodox Jewish educational institutions. Their mission extends beyond financial aid, encompassing educational, publishing, and informational aspects. Moreover, they provide funding for community facilities, contributing to the overall well-being and development of the Orthodox Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
The Am Yisrael Chai Foundation Inc has received a Three-Star rating from Charity Navigator, which indicates a solid level of accountability and financial health. The organization's score is based entirely on its Accountability & Finance metrics, showcasing a strong commitment to good governance and transparency. The perfect scores in various areas, such as having a majority of independent board members and a solid conflict of interest policy, further emphasize the foundation's responsible management practices.
In terms of financial health, the foundation demonstrates a well-managed approach to its assets and liabilities, achieving a perfect score in the liabilities to assets ratio. The organization also prioritizes proper documentation and retention with commendable scores across several governance practices. These strengths highlight the foundation's dedication to ethical oversight and financial stability.
While the organization has strong accountability practices, the overall score of 79% suggests there may still be room for improvement in certain aspects of financial operations or program effectiveness that were not covered in the provided data. Nonetheless, the available information reflects a nonprofit committed to maintaining high standards in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Am Yisrael Chai Foundation Inc legitimate?
Am Yisrael Chai Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Am Yisrael Chai Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Am Yisrael Chai Foundation Inc?
The Am Yisrael Chai Foundation Inc's mission is centered around promoting education and providing support to Orthodox Jewish institutions. Their activities extend beyond this, encompassing educational resources, publishing, and dispensing information. Furthermore, the foundation grants funds to facilitate the development of community facilities. In essence, the foundation's role is to contribute to the educational and communal growth of the Orthodox Jewish community.
Who is the CEO of Am Yisrael Chai Foundation Inc?
Shmuel Sackett is the Director of Am Yisrael Chai Foundation Inc.
What is the revenue of Am Yisrael Chai Foundation Inc?
Am Yisrael Chai Foundation Inc's revenue in 2022 was $1,755,029.
Who are the executives of Am Yisrael Chai Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Am Yisrael Chai Foundation Inc?
Am Yisrael Chai Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Am Yisrael Chai Foundation Inc
Am Yisrael Chai Foundation Inc is an organization dedicated to supporting Orthodox Jewish education institutions. Its mission encompasses various aspects of educational, publishing, and information work, as well as providing grants for community facilities. This nonprofit aims to contribute to the educational sector within the Orthodox Jewish community, ensuring the continuity and growth of knowledge and learning. By funding educational institutions, Am Yisrael Chai Foundation Inc plays a significant role in nurturing the next generation of Orthodox Jews, thereby preserving and promoting their cultural and religious heritage.
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Impact
July, 2024
Am Yisrael Chai Foundation Inc's impact lies in providing grants to Orthodox Jewish education institutions. Through these grants, the foundation supports educational initiatives, community facilities, and publishing efforts within the Orthodox Jewish community. By doing so, the foundation contributes to the preservation and advancement of Orthodox Jewish teachings and traditions, ultimately playing a vital role in sustaining and enriching this important cultural and educational heritage.
This information is meant to be a general summary of Am Yisrael Chai Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,802,680
Assets and Liabilities:
- Total Assets: $1,497,331
- Total Liabilities: $0
- Net Assets: $1,497,331
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Organization Details
Founding Year
2001
Phone
(516) 295-3222Principal Officer
Shmuel Sackett
Main Address
400 FIFTH AVENUE, CEDARHURST, NY, 11516
NTEE Category
Code: B12 - Education
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