Overview
What is Bnei David Foundation Inc?
Bnei David Foundation Inc is a distinguished educational institution situated in Teaneck, New Jersey. Its mission is to cultivate young individuals through a rigorous yet traditional yeshiva curriculum, incorporating subjects such as ethics, philosophy, faith, and morality. The foundation places great emphasis on character building, individual growth, and selfless devotion to public service, often nurturing influential community leaders from its alumni. As altruism is integral to its educational philosophy, Bnei David generously offers scholarships to individuals with promising potential. The organization firmly believes in shaping a better future by investing in the education of its youth and is dedicated to making a positive impact, one child at a time.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two Stars, 60%)
The Bnei David Foundation Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With an overall score of 60%, the organization demonstrates strengths in having a fully independent board of directors, which can support governance integrity. However, various areas have raised concerns, particularly in financial transparency, as the foundation scored zero points in multiple categories related to financial documentation and policies.
The foundation excels in its program expense ratio, indicating that a significant portion of its funding is directed towards its programs. Despite this positive aspect, the lack of independent financial statements and the absence of critical governance policies such as a whistleblower and conflict of interest policy highlight significant gaps in the organization's operational practices. These deficiencies can affect stakeholders' trust and confidence in the foundation's overall management.
In summary, while the Bnei David Foundation shows potential in its programmatic focus and governance structure, important improvements are necessary in its financial reporting and accountability measures. Addressing these issues could enhance its overall credibility and effectiveness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bnei David Foundation Inc legitimate?
Bnei David Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnei David 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
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What is the mission statement of Bnei David Foundation Inc?
Bnei David Foundation Inc is an exemplary educational institution that focuses on instilling a profound understanding of religion and spiritual obligations in young men. The institution follows a rigorous yet traditional yeshiva curriculum, incorporating classes on ethics, philosophy, faith, and morality. Bnei David places a strong emphasis on character building, individual growth, and selfless devotion to public service, resulting in many of its alumni becoming influential community leaders. Altruism is a fundamental part of the institution's educational philosophy, and generous scholarships are provided to individuals with potential. The foundation firmly believes that they can build a better future by educating their youth and is committed to making a positive impact, one child at a time.
Who is the CEO of Bnei David Foundation Inc?
Menachem Schneidman is the Officer of Bnei David Foundation Inc.
What is the revenue of Bnei David Foundation Inc?
Bnei David Foundation Inc's revenue in 2022 was $988,799.
Who are the executives of Bnei David Foundation Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bnei David Foundation Inc?
Bnei David Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bnei David Foundation Inc
Bnei David Foundation Inc is an exemplary educational institution that instills a profound understanding of religion and spiritual obligations in young men. The organization follows a rigorous yet traditional Yeshiva curriculum, incorporating classes in ethics, philosophy, faith, and morality. Its mission is centered around character building, individual growth, and selfless devotion to public service, resulting in many of its alumni becoming influential community leaders. Altruism is deeply ingrained in Bnei David's educational philosophy, and the organization generously provides scholarships to individuals with potential it recognizes. Bnei David firmly believes in shaping a better future through the education of its youth and is committed to making a positive impact, one child at a time.
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Impact
July, 2024
Bnei David Foundation Inc's impact lies in shaping young individuals through a rigorous yet traditional yeshiva curriculum that includes classes in ethics, philosophy, faith, and morality. The institution focuses on character building, individual growth, and selfless devotion to public service, fostering the development of influential community leaders. By instilling altruism in its educational philosophy, Bnei David provides generous scholarships to individuals with potential, believing in building a better future through the education of youth and committing to changing the world, one child at a time.
This information is meant to be a general summary of Bnei David 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $988,799
Assets and Liabilities:
- Total Assets: $237,041
- Total Liabilities: $0
- Net Assets: $237,041
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Organization Details
Founding Year
2017
Phone
(917) 292-3692Principal Officer
Menachem Schneidman
Main Address
333 OGDEN AVE, TEANECK, NJ, 07666
NTEE Category
Code: X30 - Religion related
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