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Gilo Charity Fund

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

EIN: 474309738 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Gilo Charity Fund?

Gilo Charity Fund is a charitable organization, established under Section 501c3 of the Internal Revenue Code of 1986. Its primary purpose is to distribute funds to qualifying non-profit organizations or individuals, ensuring an objective and non-discriminatory approach. The organization is committed to serving its community through charitable, religious, and educational purposes, contributing to various sectors in a fair and inclusive manner.


Official website here: www.gilocharityfund.org

Is Gilo Charity Fund legitimate?

Gilo Charity Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gilo Charity Fund submitted a form 990EZ, 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.


Official website here: www.gilocharityfund.org

What is the mission statement of Gilo Charity Fund?

The Gilo Charity Fund is established with a mission to serve charitable, religious, and educational purposes. It distributes funds to eligible organizations or individuals on an objective and non-discriminatory basis, following Section 501c3 of the Internal Revenue Code of 1986. The organization's goal is to contribute to various charitable causes, adhering to the guidelines set by the tax code. It operates with a commitment to equity and fairness in its distribution of funds.


Official website here: www.gilocharityfund.org

Who is the CEO of Gilo Charity Fund?

David Newman is the President of Gilo Charity Fund.


Official website here: www.gilocharityfund.org

What is the revenue of Gilo Charity Fund?

Gilo Charity Fund's revenue in 2022 was $111,323.


Official website here: www.gilocharityfund.org

Who are the executives of Gilo Charity Fund and what are their salaries?


Here are 4 key members and their salaries:


David Newman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faygie Newman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yosef Pick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aron Prochko (Development Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gilocharityfund.org

Where can I find the form 990EZ for Gilo Charity Fund?

Gilo Charity Fund's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.gilocharityfund.org

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

Mission Statement of Gilo Charity Fund

Gilo Charity Fund is an organization that is established for charitable, religious, and educational purposes. It operates with a mission to distribute funds to organizations that meet the criteria of being exempt under Section 501(c)(3) of the Internal Revenue Code of 1986. The organization makes these distributions on an objective and nondiscriminatory basis, aiming to contribute positively to various sectors that align with its charitable objectives. By providing financial support to eligible organizations, Gilo Charity Fund contributes to the betterment of society in various ways, promoting its mission of charitable contributions.

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Impact




October, 2024

Gilo Charity Fund significantly impacts its community through charitable, religious, and educational initiatives. By making distributions to qualifying organizations and individuals on an objective and nondiscriminatory basis, it addresses critical needs within various sectors. This approach helps promote philanthropy and support for a diverse range of causes while ensuring that aid reaches those who truly require assistance, fostering a culture of giving and community support.




This information is meant to be a general summary of Gilo Charity Fund. 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
$111,323 (2022)
Expenses
$116,983 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $111,323

Assets and Liabilities:

  • Total Assets: $31,889
  • Total Liabilities: $0
  • Net Assets: $31,889

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Organization Details

Principal Officer

David Newman

Main Address

14 Independence Court, LAKEWOOD, NJ, 08701

NTEE Category

Code: T50 - Philanthropy

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