Overview
What is The Bnei Torah Trust?
The Bnei Torah Trust is a nonprofit organization situated in Brooklyn, New York, specifically at 1325 38th Street. Their primary focus is to support education-related organizations and programs. They do this by offering facilities and providing grants to these organizations and programs, aiming to foster educational growth and development. This commitment to education extends to offering financial aid, thereby contributing to the success of various educational initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Bnei Torah Trust has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance practices. The charity's score is derived entirely from its accountability and finance measures, which highlight its effective governance and operational integrity. A notable aspect is the charity's 100% program expense ratio, indicating that all funds are directed towards its mission.
The organization showcases a well-structured board, with 80% of its members being independent. This independence, paired with a comprehensive conflict of interest policy and a robust whistleblower policy, reinforces the trustworthiness of the charity's operations. Additionally, the absence of any material diversion of assets further demonstrates the effective management of its resources.
While the charity excels in its financial responsibility, it is essential for potential donors to consider the overall impact and programs offered by The Bnei Torah Trust. The financial metrics are strong, but understanding the tangible results of its initiatives would provide a fuller picture of its effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Bnei Torah Trust legitimate?
The Bnei Torah Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bnei Torah Trust 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 The Bnei Torah Trust?
The Bnei Torah Trust is committed to supporting education organizations and programs by providing necessary facilities and grants. Its mission is to reinforce the educational sector by offering essential resources to various educational organizations and initiatives. By offering both facilities and financial aid, this trust aims to foster growth and success within the educational community. The trust's primary goal is to empower education organizations and programs, enabling them to provide better educational opportunities for their students.
Who is the CEO of The Bnei Torah Trust?
Moishe Kramer is the Treasurer of The Bnei Torah Trust.
What is the revenue of The Bnei Torah Trust?
The Bnei Torah Trust's revenue in 2022 was $1,082,788.
Who are the executives of The Bnei Torah Trust and what are their salaries?
There 5 volunteers at The Bnei Torah Trust.
Here are 5 key members and their salaries:
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- Related: $48,000
- Other: $0
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Where can I find the form 990 for The Bnei Torah Trust?
The Bnei Torah Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Bnei Torah Trust
The Bnei Torah Trust is dedicated to supporting educational organizations and programs. Its primary mission involves providing facilities and grants to these entities. By doing so, the trust aims to contribute to the growth and success of these organizations, thereby enhancing the educational opportunities available to individuals. The trust's activities are centered around fostering an environment that encourages learning and development, recognizing the crucial role that education plays in personal growth and societal progress. The Bnei Torah Trust's commitment extends beyond just providing facilities; it also grants financial aid to these organizations, further strengthening their capacity to deliver quality education.
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Impact
July, 2024
The Bnei Torah Trust's impact includes providing critical facilities to education organizations and programs, as well as offering grants to support these educational initiatives. By focusing on supporting education within its community, the trust helps to ensure that students have access to resources and opportunities that contribute to their academic success and personal development. Through its grants and facilities, the trust positively impacts the quality of education available in Brooklyn, NY, particularly in areas related to religious education.
This information is meant to be a general summary of The Bnei Torah Trust. 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: $1,082,788
Assets and Liabilities:
- Total Assets: $29,615,656
- Total Liabilities: $12,663,977
- Net Assets: $16,951,679
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Organization Details
Founding Year
2016
Phone
(718) 975-5306Principal Officer
Moishe Kramer
Main Address
1325 38TH STREET, BROOKLYN, NY, 11218
NTEE Category
Code: X30 - Religion related
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