Overview
What is Bet Medrash Gadol Ateret Torah Fund?
Bet Medrash Gadol Ateret Torah Fund is a nonprofit organization based in Brooklyn, New York, specifically at 901 Quentin Road. Their primary mission involves raising and distributing funds to various religious schools and organizations. This financial support aims to foster the growth and development of these institutions, ensuring their continued existence and service to the community. The organization's activities are centered around fundraising efforts, with the collected funds subsequently channeled to the suitable religious institutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Bet Medrash Gadol Ateret Torah Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The 94% score indicates that the organization is well-managed, with a focus on transparency and responsible financial practices. This rating is based solely on the accountability and finance beacon, showcasing the charity's commitment to ethical governance.
The organization demonstrates a solid structure with a fully independent board, which may enhance its decision-making processes. It also scores exceptionally well in various aspects, including material diversion of assets and financial ratios, indicating a low risk of fiscal mismanagement. High program expense ratios suggest that a significant portion of its funds directly supports its mission-related activities.
However, while the charity shows strong financial health and governance practices, potential donors and supporters may wish to look for additional information about its programs and impact to gain a fuller understanding of its effectiveness in fulfilling its mission. Overall, Bet Medrash Gadol Ateret Torah Fund stands out for its accountability and sound financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Bet Medrash Gadol Ateret Torah Fund legitimate?
Bet Medrash Gadol Ateret Torah Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bet Medrash Gadol Ateret Torah Fund 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 Bet Medrash Gadol Ateret Torah Fund?
The Bet Medrash Gadol Ateret Torah Fund is committed to raising and dispersing financial aid to religious educational institutions and organizations. Their primary goal is to support the growth and continuity of these religious establishments, providing them with the necessary funds to carry out their educational and community-building activities. By fundraising effectively, the organization ensures that these religious schools and organizations can continue to offer faith-based education and services to their communities without financial constraints. The Bet Medrash Gadol Ateret Torah Fund's mission is to uphold the importance of religious education and to empower religious organizations to thrive.
Who is the CEO of Bet Medrash Gadol Ateret Torah Fund?
Rabbi Joseph Harari-Raful is the President of Bet Medrash Gadol Ateret Torah Fund.
What is the revenue of Bet Medrash Gadol Ateret Torah Fund?
Bet Medrash Gadol Ateret Torah Fund's revenue in 2020 was $4,000.
Who are the executives of Bet Medrash Gadol Ateret Torah Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $197,372
- Other: $0
- Compensation: $0
- Related: $23,481
- Other: $0
- Compensation: $0
- Related: $11,782
- Other: $0
Where can I find the form 990 for Bet Medrash Gadol Ateret Torah Fund?
Bet Medrash Gadol Ateret Torah Fund's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Bet Medrash Gadol Ateret Torah Fund
Bet Medrash Gadol Ateret Torah Fund is an organization with a mission to support religious schools and organizations financially. It raises funds and distributes them to these institutions, aiming to contribute to their operations and growth. The organization's role is crucial in providing financial assistance to religious educational entities, enabling them to continue their mission and serve their communities effectively. By fundraising and distributing funds, Bet Medrash Gadol Ateret Torah Fund plays a significant part in strengthening the religious educational sector.
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Impact
October, 2024
Bet Medrash Gadol Ateret Torah Fund has a significant impact on the religious education landscape by fundraising and distributing critical financial support to religious schools and organizations. Based in Brooklyn, NY, the fund plays a vital role in ensuring that these institutions have the resources they need to operate effectively and provide quality religious education. By facilitating access to financial assistance, the fund strengthens the foundation of religious learning within the community, empowering schools and organizations to thrive and serve their students better. This support contributes not only to the educational development of individuals but also to the preservation and growth of religious traditions and values in the community.
This information is meant to be a general summary of Bet Medrash Gadol Ateret Torah 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Gross Receipts: $4,000
Assets and Liabilities:
- Total Assets: $3,979,494
- Total Liabilities: $0
- Net Assets: $3,979,494
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Organization Details
Founding Year
2007
Phone
(718) 375-2556Principal Officer
Rabbi Joseph Harari-Raful
Main Address
901 QUENTIN ROAD, BROOKLYN, NY, 11223
NTEE Category
Code: X113 - Religion related
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