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B'Nai Torah Foundation Inc

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

EIN: 650276400 ✦ Boca raton, FL ✦ Designated as a 501(c)(3)

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Overview

What is B'Nai Torah Foundation Inc?

B'Nai Torah Foundation Inc is a supporting organization, as per IRS Code 509(A)(3), situated in Boca Raton, Florida. Its primary mission is to provide financial assistance to B'Nai Torah Congregation of Boca Raton, a Jewish synagogue, ensuring their financial support for future generations. The foundation achieves this by establishing various supporting funds. The organization's activities are centered around supporting its affiliated synagogue, fostering a strong and stable Jewish community in Boca Raton.


Official website here: www.btcboca.org

Is B'Nai Torah Foundation Inc legitimate?

B'Nai Torah Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. B'Nai Torah 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

For more financial information, click here


Official website here: www.btcboca.org

What is the mission statement of B'Nai Torah Foundation Inc?

The B'Nai Torah Foundation Inc, functioning under IRS code 509(A)(3), serves as a supporting organization. Its primary role is to aid the B'Nai Torah Congregation of Boca Raton, Inc., a Jewish synagogue. Through the creation of supporting funds, the foundation provides financial assistance to the congregation, ensuring its continued support for future generations. While the mission statement is not explicitly provided, it can be inferred that the foundation's mission is to support and strengthen the B'Nai Torah Congregation of Boca Raton, Inc. by providing financial resources.


Official website here: www.btcboca.org

Who is the CEO of B'Nai Torah Foundation Inc?

Stephen Lippy is the Board Member of B'Nai Torah Foundation Inc.


Official website here: www.btcboca.org

What is the revenue of B'Nai Torah Foundation Inc?

B'Nai Torah Foundation Inc's revenue in 2023 was $489,327.


Official website here: www.btcboca.org

Who are the executives of B'Nai Torah Foundation Inc and what are their salaries?


Here are 11 key members and their salaries:


Richard Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Goldsmith (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Jacobsohn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Robbins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rosenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Steinberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clifford Viner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Grabelsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Lippy (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Spencer Sax (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.btcboca.org

Where can I find the form 990 for B'Nai Torah Foundation Inc?

B'Nai Torah Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.btcboca.org

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

Mission Statement of B'Nai Torah Foundation Inc

B'Nai Torah Foundation Inc, functioning under IRS code 509(A)(3), serves a supporting role for B'Nai Torah Congregation of Boca Raton, Inc., a Jewish synagogue. The primary mission of B'Nai Torah Foundation Inc is to provide financial support to its affiliated congregation, ensuring its financial stability for future generations. This support is facilitated through the establishment of various supporting funds, which are utilized to bolster the financial resources of B'Nai Torah Congregation of Boca Raton Inc. In essence, B'Nai Torah Foundation Inc acts as a financial backbone, safeguarding the financial well-being of B'Nai Torah Congregation of Boca Raton, Inc., enabling it to continue its religious and community-oriented activities.

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Impact




October, 2024

B'Nai Torah Foundation Inc plays a crucial role in ensuring the sustainability and growth of B'Nai Torah Congregation of Boca Raton, a Jewish synagogue. By establishing supporting funds, the foundation provides long-term financial backing that enhances the congregation's ability to serve its community. This financial support helps to maintain religious programs, educational initiatives, and community services, ensuring that they continue for generations. The foundation's efforts foster a strong sense of community and commitment to Jewish culture and tradition, enriching the lives of its members and the broader Boca Raton area.




This information is meant to be a general summary of B'Nai Torah 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.

Revenue
$489,327 (2023)
Expenses
$545,033 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $241,654
  • Gross Receipts: $3,099,802

Assets and Liabilities:

  • Total Assets: $8,074,494
  • Total Liabilities: $0
  • Net Assets: $8,074,494

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Organization Details

Founding Year

1991

Principal Officer

Stephen Lippy

Main Address

6261 SW 18TH STREET, BOCA RATON, FL, 33433

NTEE Category

Code: X03 - Religion related

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