Overview
What is Zichron Eliyahu Memorial Foundation?
The Zichron Eliyahu Memorial Foundation is a nonprofit organization dedicated to honoring Rabbi Eliyahu Svei's legacy by fostering religious worship under the Jewish Orthodox faith. They achieve this mission through a range of religious, educational, and charitable activities. The foundation's primary focus is on providing a graduate-level talmud study program, which continues Rabbi Svei's lifelong dedication to religious education. By offering this program, the foundation seeks to keep his memory alive and contribute positively to the Jewish Orthodox community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Zichron Eliyahu Memorial Foundation has earned an 87% rating from Charity Navigator, indicating a solid performance in accountability and finance. This rating is derived solely from the Accountability & Finance beacon, showcasing the organization’s commitment to financial transparency and responsible management of resources.
Key strengths of the foundation include a fully independent board, with all 10 members meeting the independence criterion, and a strong liability to assets ratio of 0.00%, indicating no current liabilities. Additionally, the foundation allocates a significant 99.32% of its expenses directly to programs, demonstrating a focus on mission-driven activities.
While the foundation shows robust financial health and governance practices, the evaluation is limited to financial metrics alone, without a broader view of programmatic impact or community engagement. This focus on financial accountability is commendable but may overlook other aspects of nonprofit effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Zichron Eliyahu Memorial Foundation legitimate?
Zichron Eliyahu Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zichron Eliyahu Memorial Foundation 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
For more financial information, click here
What is the mission statement of Zichron Eliyahu Memorial Foundation?
The Zichron Eliyahu Memorial Foundation's mission is centered around honoring the memory of Rabbi Eliyahu Svei. This is accomplished through a variety of religious, educational, and charitable activities. The foundation aims to continue Rabbi Svei's lifelong work of promoting worship under the Jewish Orthodox faith. One of their key initiatives is providing a graduate-level talmud study program. The foundation's activities are geared towards preserving and spreading religious teachings, fostering education, and offering charitable support.
Who is the CEO of Zichron Eliyahu Memorial Foundation?
David Fisher is the Trustee of Zichron Eliyahu Memorial Foundation.
What is the revenue of Zichron Eliyahu Memorial Foundation?
Zichron Eliyahu Memorial Foundation's revenue in 2022 was $634,613.
Who are the executives of Zichron Eliyahu Memorial Foundation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Zichron Eliyahu Memorial Foundation?
Zichron Eliyahu Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zichron Eliyahu Memorial Foundation
The Zichron Eliyahu Memorial Foundation is dedicated to honoring the memory of Rabbi Eliyahu Svei by carrying forward his legacy of promoting worship under the Jewish Orthodox faith. They achieve this mission through a variety of religious, educational, and charitable activities. One of their key initiatives is a graduate-level talmud study program, which continues Rabbi Svei's lifelong work of fostering spiritual growth within the Orthodox Jewish community. By offering this program, the foundation enables individuals to deepen their understanding and practice of their faith, thereby perpetuating Rabbi Svei's legacy and contributing to the spiritual well-being of the community.
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Impact
July, 2024
The Zichron Eliyahu Memorial Foundation's impact is significant in perpetuating the memory of Rabbi Eliyahu Svei through promoting worship under the Jewish Orthodox faith. By offering a graduate-level Talmud study program and engaging in various religious, educational, and charitable activities, the foundation continues Rabbi Svei's life work of promoting worship within the Jewish Orthodox community. Through these efforts, the foundation plays a crucial role in preserving and passing on the teachings and traditions of Rabbi Eliyahu Svei to future generations.
This information is meant to be a general summary of Zichron Eliyahu Memorial Foundation. 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.
- Investment Income: -$37,790
- Gross Receipts: $672,403
Assets and Liabilities:
- Total Assets: $180,567
- Total Liabilities: $0
- Net Assets: $180,567
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Organization Details
Founding Year
2011
Phone
(732) 363-7950Principal Officer
David Fisher
Main Address
44 LEIGH DR, LAKEWOOD, NJ, 08701
NTEE Category
Code: B20 - Education
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