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The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471484178 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc?

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc is a nonprofit organization situated in Brooklyn, New York. Their primary objective is to offer grants and scholarships to charitable organizations, such as the SBH Community Service Network, Inc. This organization engages in fundraising activities, manages investments, maintains an endowment fund, and provides financial assistance to support such organizations. The Sephardic Bikur Holim Fund aims to contribute positively to the community by providing necessary funds, thereby furthering the missions of the organizations it supports.


Official website here: www.sbhonline.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity scored exceptionally well in all relevant categories, showcasing its effective governance and transparency practices. With a focus on high program expense ratios, a significant portion of its funds is directed towards its mission.

The organization boasts a fully independent board, which enhances its credibility and ensures that decisions are made in the best interests of the stakeholders it serves. Its financial oversight mechanisms are robust, with no reported material diversions of assets, indicating a high level of operational integrity. The presence of comprehensive policies regarding conflicts of interest and whistleblower protections further strengthens its governance framework.

While the charity's overall score is solely based on its accountability and finance, this singular focus highlights the importance of financial health within the nonprofit sector. No significant weaknesses were noted in the available data, indicating a well-managed organization that is likely to maintain its positive reputation and continue effectively serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc legitimate?

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda 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

For more financial information, click here


Official website here: www.sbhonline.org

What is the mission statement of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc?

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc is dedicated to providing support, primarily through grants and scholarships, to various not-for-profit organizations, with a particular focus on the SBH Community Service Network, Inc. The organization raises funds, manages investments, maintains an endowment fund, and offers grants and scholarships to these organizations. By engaging in these activities, the fund aims to support and strengthen the work of these organizations, ultimately contributing to the betterment of the community at large.


Official website here: www.sbhonline.org

Who is the CEO of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc?

David J Beyda is the President of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc.


Official website here: www.sbhonline.org

What is the revenue of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc?

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc's revenue in 2022 was $503,406.


Official website here: www.sbhonline.org

Who are the executives of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc and what are their salaries?

There 3 volunteers at The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc.


Here are 3 key members and their salaries:


David J Beyda (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Ashkenazi (Vp & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Balasiano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sbhonline.org

Where can I find the form 990 for The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc?

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sbhonline.org

Learn more at the official website: www.sbhonline.org

Mission Statement of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc is a charitable organization that is dedicated to providing support to not-for-profit organizations, with a particular focus on the SBH Community Service Network, Inc. The organization engages in various activities, including fundraising, managing investments, maintaining an endowment fund, and providing grants and scholarships to these organizations.

Its primary mission is to offer financial assistance to the SBH Community Service Network, Inc., a network that is not specified in the provided information but is likely a community-oriented service organization. The Fund manages its resources carefully to ensure the continuous provision of support. It raises funds through various means, invests them wisely, and maintains an endowment fund to ensure a steady stream of resources for its beneficiaries.

By providing grants and scholarships, The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc aims to help these organizations in their mission to serve the community. The organization's philanthropic efforts are instrumental in enabling these organizations to carry out their work effectively, ultimately benefiting the community as a whole.

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Impact




June, 2024

The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda Inc has a notable impact on supporting not-for-profit organizations, specifically the SBH Community Service Network, Inc. This organization engages in fundraising activities, manages investments, maintains an endowment fund, and provides grants and scholarships to support various initiatives, including mental health services. Through their efforts, they contribute to the well-being of the community and further the mission of SBH Community Service Network, Inc.




This information is meant to be a general summary of The Sephardic Bikur Holim Fund In Memory Of Joseph D Beyda 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.

Revenue
$503,406 (2022)
Expenses
$389,239 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $175,771
  • Gross Receipts: $1,524,967

Assets and Liabilities:

  • Total Assets: $4,922,737
  • Total Liabilities: $0
  • Net Assets: $4,922,737

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Organization Details

Founding Year

2014

Principal Officer

David J Beyda

Main Address

425 KINGS HIGHWAY, BROOKLYN, NY, 11223

NTEE Category

Code: F11 - Mental health

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